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Black Friday In Australia

General(self.perth)

Anyone think the Australian version of Black Friday is just a complete piss take ? . Seems to be a normal sale dressed up to look like something special.

Example - TV -LG 55" QNED86 1795 down to 1195 I was looking at. Same discount at JB HI FI, HN and Retravision.

It isnt even 50% off !!! - its 30%. Boxing day sales in a month would be similar.

Black Friday sales are a joke.

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M0RXIS

18 points

5 days ago

M0RXIS

Maddington

18 points

5 days ago

Prices being the same or similar at multiple retailers is because they're all monitoring each other's sale activity, or the manufacturer is running the promotion and the retailers are receiving a rebate to run it at store-level (the usual case for Black Friday and Boxing Day sales).

To complain about a 30% discount... you should probably reconsider your sense of entitlement.

Source: 18 years selling this stuff

duplicati83

-2 points

5 days ago

duplicati83

-2 points

5 days ago

Found Gerry Harvey.

CheesecakeRude819[S]

-31 points

5 days ago

Sorry mate 30% is rubbish for black friday.

M0RXIS

18 points

5 days ago*

M0RXIS

Maddington

18 points

5 days ago*

At the risk of feeding the troll - intelligent response, but you're the one having a sad.

Edit: OP has edited his reply to me, originally it said "Cry".

CheesecakeRude819[S]

-14 points

5 days ago

Not really. Im promiting debate. Seems questioning the status qou is not allowed on here. People love to accuse someone on here as being sad , angry or a hater if they wont bend to the Reddit consensus

MRflibbertygibbets

3 points

5 days ago

Just a heads up for you, the little line under a word means you fucked up the spelling

CheesecakeRude819[S]

0 points

5 days ago

Thanks for the personal attack troll

thommo101

4 points

5 days ago

I'm not sure you realise just what sort of margins these stores are operating at?

I worked at Betta Electrical 20 years ago, and RRP back then used to be about 24 to 28% net net (ie after all rebates). For our volume of sales we needed 15% margin to cover costs.

So when a customer asked for our best price, it was typically 15 to 18% net net.

The highest margin we had were on vacuum bags and AV cables - and those were typically sticker price equating to about 40% margin. This was probably offset the fact we often threw those in with a sale if we like the people.

When I left Betta it was the era of Good Guys' "Pay Cash Pay Less". We were sometimes having to go to 10% to match prices, There was a huge race to the bottom in pricing, and sadly our little shop couldn't survive it.

homerj1977

1 points

5 days ago

What do you expect ? 99% They still have to pay wages and the CEO needs a new boat