The Sales
Dec 26th 2014, 5:53 am
#1
BE Enthusiast
Thread Starter
Joined: Jun 2012
Location: Rotorua - The Beating Heart of New Zealand
Posts: 370
The Sales
It appears that some retailers simply put the price of goods up after Christmas then reduce them by a hefty % back to the original price, well this is how it looks today anyway.
Dec 26th 2014, 11:42 am
#2
BE Forum Addict
Joined: Jan 2007
Location: Hawkes Bay
Posts: 1,303
Re: The Sales
I bought an external hard drive a week ago, which was the same price in all the main shops at the time. Now in the sales it is $30 more
Dec 26th 2014, 4:08 pm
#3
BE Enthusiast
Joined: Apr 2013
Posts: 567
Re: The Sales
That's standard in the UK too. When I worked in retail we had to put the prices up by around 20-30% at the end of November. If people really wanted the item as a gift they'd pay the inflated price which gave huge profit to the company. Then the item could be marked down as 20-30% off in the sales while the company still made its original profit calculations. The law in the UK states items have to be at the pre-sale price for 28 days before they can be advertised as 'marked down'.
