Last edited by ManWearPants; 6th April 2013 at 12:03 AM.
Thats why when travel to country like US or Hkg ...u must shop till you drop as not only u gaib from strong Sgd....their pricing strategy also more consumer friendly....unlike in Sg...merchant always pass the cost but not saving.
haha 9lives, thanks for your kind comment. earlier i did not bother to reply to Rashkae who seems to think too much of himself and want to appear like a know it all. too many of these peopel around and i dont usually waste my time with them.
actually i have an MBA with specialisation in Finance so i should know there are multiple cost components in a product. but exchange rate was the standout due to its hugh drop recently (yen vs SGD) and impact on importers, assuming they pay in Yen although they could possibly pay in USD (i may have answered my own question). even if transport costs increase 10%, the impact to overall product price will be much less as shipping is perhaps 6 to 7% of total price, so less than 1%
Exchange rate however has a direct multiplier on price. based on the many thoughtful replies from others (luckily the world is not just made up of jerks), it would appear that we will not know why retailers have decided to raise price and we are none the wiser. it is certainly true that retailers seldom if ever pass on savings to the customers.
the end result is have to save up over longer period to afford what we want. much harder to chase a moving target though.
I think the camera price is proportional to the availability of XMMs to shoot.
Wait till the XMMs grow old DSLRs and L lenses will come crashing down because of the lack of incentive to shoot.
We human creatures are very funny. When it is cheap, you suspect the quality. Then if you buy high and price dropped, you get angry because your 'investment' has depreciated. Then we look for 'branding' and expect the brand to cost more than what the physical aspect of that item can achieve. We try to link it to design claiming the difference is due to design but very often, it is nothing to shout about.
If you observe more, you would notice the super rich don't flash around on branded items. Of course they drive the top end car and live in high end houses. So, maybe this is one way we are announcing to people out there, I have achieved. hahaha
buy cheaply second hand. won't ever complain expensive la. if can afford first hand,be magnanimous enough to forgive suppliers when prices drop.
after all "Customer is king. King don't bargain"
Buying pre-owned (2nd hand didn't sound so nice), is a good choice and I always do that. Items get recycle and is environmentally friendly while we save money.
perhaps many of their factories are overseas and costs are mostly in Chinese RMB or Thai Baht?
prices in HK have not dropped either
best strategy is to buy in Japan , just make sure their operating system has English language choice
otherwise haizzz give the entire supply chain some breathing room with the weaker yen....they also had to maintain that same price when the yen was stronger... their margins arent that high in the first place
What about Made in China Apple iPhones selling for more than overseas markets?
Hint: I don't think too much of myself. I just think too little of you. And to people like you who are only capable of oversimplistic thoughts, anything that requires thinking is "a waste of time".