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#1
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
Examples of "skewed" Canadian pricing. Henry's (Toronto) versus B&H.
B&H isn't even a discount store. http://www.pbase.com/andersonrm/image/87831039 |
#2
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
RichA wrote:
Examples of "skewed" Canadian pricing. Henry's (Toronto) versus B&H. B&H isn't even a discount store. http://www.pbase.com/andersonrm/image/87831039 And your point is? Why don't you also show European and Asian prices. The store can't control the prices, it's based on about a 10% mark-up from their cost. The importers set their net prices, and the dealers can NOT buy "grey market" or they will lose their dealerships. The Canadian dollar is at $1.02 USD, but you expect an instant reaction on prices. I expect Q1 of FY2008 US prices may go up. I am surprised that even the news media and Parliament seem to blame the merchants for this. |
#3
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
Not Disclosed wrote:
RichA wrote: Examples of "skewed" Canadian pricing. Henry's (Toronto) versus B&H. B&H isn't even a discount store. http://www.pbase.com/andersonrm/image/87831039 And your point is? Why don't you also show European and Asian prices. The store can't control the prices, it's based on about a 10% mark-up from their cost. The importers set their net prices, and the dealers can NOT buy "grey market" or they will lose their dealerships. The Canadian dollar is at $1.02 USD, but you expect an instant reaction on prices. I expect Q1 of FY2008 US prices may go up. I am surprised that even the news media and Parliament seem to blame the merchants for this. The pricing of most goods is not directly related to their manufacturing cost, it's based on what the market will bear. You wouldn't expect prices to fall in Canada because of the weak dollar, you'd expect U.S. prices to go up. Just because the dollar is very weak, it hasn't meant that U.S. residents have more money to buy cameras. What it does mean is that visitors to the U.S. get good deals, and visitors from the U.S. pay more. |
#4
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
On Oct 25, 9:26 am, Not Disclosed wrote:
RichA wrote: Examples of "skewed" Canadian pricing. Henry's (Toronto) versus B&H. B&H isn't even a discount store. http://www.pbase.com/andersonrm/image/87831039 And your point is? Why don't you also show European and Asian prices. The store can't control the prices, it's based on about a 10% mark-up from their cost. Boy, are YOU deluded. |
#5
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
RichA wrote:
On Oct 25, 9:26 am, Not Disclosed wrote: RichA wrote: Examples of "skewed" Canadian pricing. Henry's (Toronto) versus B&H. B&H isn't even a discount store. http://www.pbase.com/andersonrm/image/87831039 And your point is? Why don't you also show European and Asian prices. The store can't control the prices, it's based on about a 10% mark-up from their cost. Boy, are YOU deluded. Ya think? So Mr. Expert what does a store selling a Nikon D200 pay Nikon Canada for it? |
#6
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
RichA wrote:
On Oct 25, 9:26 am, Not Disclosed wrote: RichA wrote: Examples of "skewed" Canadian pricing. Henry's (Toronto) versus B&H. B&H isn't even a discount store. http://www.pbase.com/andersonrm/image/87831039 And your point is? Why don't you also show European and Asian prices. The store can't control the prices, it's based on about a 10% mark-up from their cost. Boy, are YOU deluded. But you are an arsehole. Deluded or an Arsehole tough call |
#7
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
On Oct 25, 10:46 am, Not Disclosed wrote:
RichA wrote: On Oct 25, 9:26 am, Not Disclosed wrote: RichA wrote: Examples of "skewed" Canadian pricing. Henry's (Toronto) versus B&H. B&H isn't even a discount store. http://www.pbase.com/andersonrm/image/87831039 And your point is? Why don't you also show European and Asian prices. The store can't control the prices, it's based on about a 10% mark-up from their cost. Boy, are YOU deluded. Ya think? So Mr. Expert what does a store selling a Nikon D200 pay Nikon Canada for it? So since the dollar's are at par, does this mean Americans are selling the cameras for LESS than they pay Nikon for them?? Tell me another fairy story, company man. |
#8
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
Rich wrote:
On Oct 25, 10:46 am, Not Disclosed wrote: RichA wrote: On Oct 25, 9:26 am, Not Disclosed wrote: RichA wrote: Examples of "skewed" Canadian pricing. Henry's (Toronto) versus B&H. B&H isn't even a discount store. http://www.pbase.com/andersonrm/image/87831039 And your point is? Why don't you also show European and Asian prices. The store can't control the prices, it's based on about a 10% mark-up from their cost. Boy, are YOU deluded. Ya think? So Mr. Expert what does a store selling a Nikon D200 pay Nikon Canada for it? So since the dollar's are at par, does this mean Americans are selling the cameras for LESS than they pay Nikon for them?? Tell me another fairy story, company man. Avoiding the question Richard! Answer the question, what does a Canadian retailer pay Nikon Canada for a D200 body? Why not go and ask one of the $10/hour Henry's droids to answer that. |
#9
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
On Thu, 25 Oct 2007 10:46:11 -0400, Not Disclosed
wrote: RichA wrote: The store can't control the prices, it's based on about a 10% mark-up from their cost. Boy, are YOU deluded. Ya think? So Mr. Expert what does a store selling a Nikon D200 pay Nikon Canada for it? Lets take Tiger Direct then. The price they charge in the U.S. against the price they charge for the SAME item in Canada. I just looked at 'new' SD cards and one specific card is US$16.99 and C$20.99. This is from one purchase order placed at corporate level by Tiger Direct and allocated to the two countries by Tiger Direct. They were likely shipped directly from China ready for sale, with English and Spanish for the U.S packaging and English and French for the Canadian packaging. The price difference is 17.5%! The supplier in China got the SAME amount from Tiger Direct for this product wherever it was shipped, Canada or the U.S. I agree that with Cameras the prices are set, in the main, in Japan by Nikon, Canon, FujiFilm, Olympus, Panasonic, and so on. They OWN the U.S. and the Canadian wholesaler, and can TELL that wholesaler 'Here is your price - pay us X per Camera, and charge the Henry's of the world Y per Camera. The margin will be more than 10% - I suspect it is closer to 25%-30%, as, to use a simple example, Beach Camera is selling, in the U.S., the FujiFilm S8000fd for about $320 when the U.S. list is $400.00 or a 20% discount. Since this price includes shipping free via FedEx ground and some amount of profit, and since this is a camera that just hit the market this month, their price has to be as least 5% lower, or $300.00. I know of a dealer whose price is actually under $300.00 but I do not trust them, and theirs might be grey market, while the Beach units are NOT grey market. The point is a valid one, as the price in Canada for the same camera was set at a manufacturer's suggested retail price of $470.00 the same day the press release in the U.S. said $400.00 in July, 2007. The difference in the value of the U.S. and Canadian dollars on the day of the press release in both countries was that the U.S. dollar was worth 6% more than the Canadian dollar, and not 3% less as is the case now, but that 6% difference seems to have resulted in a 17.5% difference in the suggested retail price on that date. I will point out that FujiFilm Canada offers a 3 year warranty and FujiFilm U.S. offers a 1 year warranty, with a 2 year extension costing $50.00 if you want it, so the prices are basically equal IF you consider the warranty as being worth that $50.00 Anyway, take it for what it is worth... These are simply comments and I agree that retailers in Canada are caught between a rock and a hard place and it will take time for prices to 'equalise'... when wholesalers and importers stop screwing the retailers, IF they even care. RsH |
#10
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U.S.-Canadian dollars at par, but it sure doesn't matter!!
"RsH" wrote in message ... On Thu, 25 Oct 2007 10:46:11 -0400, Not Disclosed wrote: RichA wrote: The store can't control the prices, it's based on about a 10% mark-up from their cost. Boy, are YOU deluded. Ya think? So Mr. Expert what does a store selling a Nikon D200 pay Nikon Canada for it? Lets take Tiger Direct then. The price they charge in the U.S. against the price they charge for the SAME item in Canada. I just looked at 'new' SD cards and one specific card is US$16.99 and C$20.99. This is from one purchase order placed at corporate level by Tiger Direct and allocated to the two countries by Tiger Direct. They were likely shipped directly from China ready for sale, with English and Spanish for the U.S packaging and English and French for the Canadian packaging. The price difference is 17.5%! The supplier in China got the SAME amount from Tiger Direct for this product wherever it was shipped, Canada or the U.S. I agree that with Cameras the prices are set, in the main, in Japan by Nikon, Canon, FujiFilm, Olympus, Panasonic, and so on. They OWN the U.S. and the Canadian wholesaler, and can TELL that wholesaler 'Here is your price - pay us X per Camera, and charge the Henry's of the world Y per Camera. The margin will be more than 10% - I suspect it is closer to 25%-30%, as, to use a simple example, Beach Camera is selling, in the U.S., the FujiFilm S8000fd for about $320 when the U.S. list is $400.00 or a 20% discount. Since this price includes shipping free via FedEx ground and some amount of profit, and since this is a camera that just hit the market this month, their price has to be as least 5% lower, or $300.00. I know of a dealer whose price is actually under $300.00 but I do not trust them, and theirs might be grey market, while the Beach units are NOT grey market. The point is a valid one, as the price in Canada for the same camera was set at a manufacturer's suggested retail price of $470.00 the same day the press release in the U.S. said $400.00 in July, 2007. The difference in the value of the U.S. and Canadian dollars on the day of the press release in both countries was that the U.S. dollar was worth 6% more than the Canadian dollar, and not 3% less as is the case now, but that 6% difference seems to have resulted in a 17.5% difference in the suggested retail price on that date. I will point out that FujiFilm Canada offers a 3 year warranty and FujiFilm U.S. offers a 1 year warranty, with a 2 year extension costing $50.00 if you want it, so the prices are basically equal IF you consider the warranty as being worth that $50.00 Anyway, take it for what it is worth... These are simply comments and I agree that retailers in Canada are caught between a rock and a hard place and it will take time for prices to 'equalise'... when wholesalers and importers stop screwing the retailers, IF they even care. RsH How about the Canadian "Goods and Service Tax". If I remember correctly it is included in the retail price of items in Canada. I don't remember the tax rate, but the GST would make up at least part of the difference. Ron |
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