JannievanZyl Posted June 27, 2014 Posted June 27, 2014 In my industry (finance) it's changing to caveat venditor. Mainly cos the providers give the client so much fluff they don't know what the hell they're buying. It's my job to ensure they know what they're paying for.Unfortunately an always escalating problem for ANY organisation. The only period of sanity is in a company's early days when they truely believe they're going to do good. But it always chnge as market forces drive the process. At least it gives you a job!
Captain Fastbastard Mayhem Posted June 27, 2014 Posted June 27, 2014 Unfortunately an always escalating problem for ANY organisation. The only period of sanity is in a company's early days when they truely believe they're going to do good. But it always chnge as market forces drive the process. At least it gives you a job! Yeah. Saying that though - if I told you that the majority of my income comes from the brokers who shaft their clients with investments that cost them 2 to 3% more p/a than they should be paying... Would you believe me?
Guest EdEdEd Posted June 27, 2014 Posted June 27, 2014 Ladies ladies.... Cant we just all get along? Captain Fastbastard Mayhem 1
JannievanZyl Posted June 27, 2014 Posted June 27, 2014 Yeah. Saying that though - if I told you that the majority of my income comes from the brokers who shaft their clients with investments that cost them 2 to 3% more p/a than they should be paying... Would you believe me?Yup, I always thought the title 'broker' is quite prophetic.
Captain Fastbastard Mayhem Posted June 27, 2014 Posted June 27, 2014 Yup, I always thought the title 'broker' is quite prophetic.Lol. I don't mind the term. It is descriptive of the process I undertake.
bikebefok Posted June 27, 2014 Posted June 27, 2014 (edited) Like I said - base your value on the price they want not the inflated original price. I don't bother with original price (inflated or otherwise) as it has nothing to do with the sale - how much money you give them is all that counts. If people are dumb enough to fall for the 99% off sales pitch they deserve to lose their money. What Eldron said. I mean really...how much of an automaton do you have to be to obediently haul out your wallet just because of a flashing SALE banner. Use your own common sense and judgement and prosper.... Edited June 27, 2014 by bikebefok Patchelicious 1
Spoke101 Posted June 27, 2014 Posted June 27, 2014 http://www.cwcycles.co.za/product/garmin-edge-810-bundlehttp://www.garmin.co.za/fitness_products_gps_bike_computers.php
Captain Fastbastard Mayhem Posted June 27, 2014 Posted June 27, 2014 http://www.cwcycles.co.za/product/garmin-edge-810-bundlehttp://www.garmin.co.za/fitness_products_gps_bike_computers.phpThat's RRP vs the ACTUAL sales price at a distributor. Nothing wrong with that. CWC aren't saying that it's a "special price" based on xyz. It's their price. Btw - I don't agree with distributors setting prices for goods. It gets rid of good competitive behaviour
cadenceblur Posted June 27, 2014 Author Posted June 27, 2014 So said product goes on sale, what will be the Original price on the advertisement be before the reduced price? It won't be stated as R7999 (which would be accurate as that is what they will charge you if it's not on sale) It will be inflated to make the deal at CWC appear better than it is, for the uninformed that is. So expect to see a "normal" price of say.. R8300.
Captain Fastbastard Mayhem Posted June 27, 2014 Posted June 27, 2014 So said product goes on sale, what will be the Original price on the advertisement be before the reduced price? It won't be stated as R7999 (which would be accurate as that is what they will charge you if it's not on sale) It will be inflated to make the deal at CWC appear better than it is, for the uninformed that is. So expect to see a "normal" price of say.. R8300.That's plain assumption on your part.
cadenceblur Posted June 27, 2014 Author Posted June 27, 2014 Actually, it's not. And that my friend, is my point.
Captain Fastbastard Mayhem Posted June 27, 2014 Posted June 27, 2014 Actually, it's not. And that my friend, is my point.No, it is assumption. It's you assuming that in advertising for the purpose of a sale on this item that they WILL inflate the "normal selling price" to something higher than 7999. That's plain assumption. No getting around that. If they DID do it, it'd be a case study. Evidence of wrongdoing. But it's not. You're just taking an object and saying this is what they WILL do. Assuming.
Spoke101 Posted June 27, 2014 Posted June 27, 2014 That's RRP vs the ACTUAL sales price at a distributor. Nothing wrong with that. CWC aren't saying that it's a "special price" based on xyz. It's their price. Btw - I don't agree with distributors setting prices for goods. It gets rid of good competitive behaviour I happen to be in the cycling game and agree with your "Btw". On the point of it not being a "special price" I agree, I only remembered this example because I am 99% sure it was on sale a few weeks back and when I saw the normal price it caught my eye. and btw I defiantly don't have anything against CWC, actually quite a fan. I'm not sure if I get your RRP vs Price at the Distributor? because Garmin for sure don't sell it at that price to the shops.IMO I just don't think it's right when a reasonable RRP is set and retailers decide to set there own price (which they are completely entitled to do).http://www.easygis.co.za/garmin-edge-810-performance-bundle.html
Captain Fastbastard Mayhem Posted June 27, 2014 Posted June 27, 2014 Also - if that's the product in question here... maybe it WAS previously at 8300, went in special and now (after special) it's priced at 7999. Nothing wrong with that. You can't use current pricing as a guideline as to what whether a precious price was a special or not.
Captain Fastbastard Mayhem Posted June 27, 2014 Posted June 27, 2014 I happen to be in the cycling game and agree with your "Btw". On the point of it not being a "special price" I agree, I only remembered this example because I am 99% sure it was on sale a few weeks back and when I saw the normal price it caught my eye. and btw I defiantly don't have anything against CWC, actually quite a fan. I'm not sure if I get your RRP vs Price at the Distributor? because Garmin for sure don't sell it at that price to the shops.IMO I just don't think it's right when a reasonable RRP is set and retailers decide to set there own price (which they are completely entitled to do).http://www.easygis.co.za/garmin-edge-810-performance-bundle.html ŔRP vs price at distributor: price that garmin recommends shops should sell it for vs what it actually sells for at a distributor or reseller etc. Essentially garmin (polar etc) telling shops what they should sell for. Horrible practice imo. I'm basically saying that he shouldn't put any stock in the garmin site when determining how CWC should be pricing the item. That's up to CWC. Or should be.
cadenceblur Posted June 27, 2014 Author Posted June 27, 2014 (edited) I'm not making this up, CWC have these sales all the time on the Hub, I'm sure you know what I'm referring to, where you ask for something to go on sale. I've seen stuff, actually I've asked for stuff as well, where the "regular" price would be inflated as soon as the item pops up on their home Page as a sale item. Find me an IT expert that can show this and what I'm saying will be proven to be the truth. Or CWC can come clean and admit to doing it. I'm actually amazed that no one else has raised this before. Edited June 27, 2014 by cadenceblur
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