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Subject Topic: Rip off Britain
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26/5/2010 at 4:16pm
 Location: London
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Quote: Originally posted by snakeeyes21 on 25/5/2010
Im not surprised, after all we do live in a rip off country.

But many things will increase the cost, import duties, transport costs, overheads such as rent, rates, wages, all these things cost alot more here than they do in the US.

Economies of scale, the US has a larger market, so their distributors can get lower prices from the manufacturers, they can also afford to make lower margins, in this case walmart probably get them at or below cost price, and sell them at a very small profit margin.

Also you have chosen one of the worlds largest supermarket chains to compare prices with, its like comparing a corner shop prices with Tesco.

Im sure if you compared prices with Uncle Bobs general store in Central Utah prices wouldnt be so different
In reality, the expected margin in UK shops in higher than most other industrialised countries.  Let's not forget how much Asda and Morrisons moaned when Netto and Aldi arrived with their margin being half of the UK chains.


26/5/2010 at 4:54pm
 Location: Canol Cymru
 Outfit: chinos and a polo shirt
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Quote: Originally posted by Cross Camping on 26/5/2010


Hi
It would be interesting to hear who we all think is ripping us off... Chinese manufacturer, Brand suppliers, Retailer, Government, shop landlord, local government ie rates etc, Exchange rates, Oil companies (raw materials).

The reason I ask is I can promise you its not the Brand supplier or retailer as I have worked for a brand and am now a retailer. If people new the full costs of setting up and running a retail business they would know its not the retailer ripping anyone off.
Gary Cross

Well the biggest problem is probably the government and the amount of tax that they take, import duty, tax on fuel to transport the goods, rates on the shop where the goods are sold, vat on the goods, and probably a couple of other taxes that I have missed, so there is a good chance that on the item that I linked to the UK government take more in tax than the item actually retails for in the US

 

The Chinese manufacturer probably gets the real thin end of the wedge with their margins cut to the bone so I suppose it is the UK government that is the real villain of the bunch

 

US sales tax 6% UK VAT 17.5% and if rumours are correct then that is also set to rise  

 



26/5/2010 at 7:06pm
 Location: Derby
 Outfit: Bailey Pegasus II Milan & Honda CR-V
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6% tax - 17.5% VAT still doesn't defend the price difference quoted by the OP. Europe doesn't seem any cheaper than the UK, certainly post euro. Maybe I just have a tainted view of everything costing next to nothing in France, Spain, Greece etc.. But on the limited trips I've had to Europe over the passed ten years, you have to search for bargains... Do Walmart ship to the UK? Maybe I should go into my local ASDA and ask them for an interbranch transfer?



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26/5/2010 at 8:51pm
 Location: Canol Cymru
 Outfit: chinos and a polo shirt
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Quote: Originally posted by Alphonso De Lard on 26/5/2010

6% tax - 17.5% VAT still doesn't defend the price difference quoted by the OP. Europe doesn't seem any cheaper than the UK, certainly post euro. Maybe I just have a tainted view of everything costing next to nothing in France, Spain, Greece etc.. But on the limited trips I've had to Europe over the passed ten years, you have to search for bargains... Do Walmart ship to the UK? Maybe I should go into my local ASDA and ask them for an interbranch transfer?


No sadly Wal-Mart doesn’t ship to the UK but if they did you still wouldn’t escape the grabbing hand of the UK customs and excise

 

Any thing that you import from the US is assessed by customs and then you have to pay import duty based on the declared value of the goods

 

Then vat is assessed not only on the value of goods purchased but also on the cost of shipping and the import duty levied above

 

And then the shipping company will pay all the duty and vat on your behalf and then charge you an admin charge of £10.00 or 2% of the value of goods which ever is greater

 

so personal import from the USA wont save you big bucks either

 



27/5/2010 at 11:54pm
 Location: Lancashire
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Oh i do like the look of that tent on their site i wonder if i can get it shipped to my friends apo address (shes american living in Germany) and i could get it from there when i visit lol

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28/5/2010 at 12:56am
 Location: Canol Cymru
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walmart must have seen this thread and noticed they were selling the cooler to cheap as it has gone up $15.00 since i posted this thread


28/5/2010 at 1:01am
 Location: Milton Keynes
 Outfit: Bailey Alliance 66-2 Motorhome
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I am sorry this is complete nonsense! The American market is five times the size of the UK market and in leisure goods, given the weather a lot of the USA enjoys is likely even bigger. The USA is also nearer to where the goods are made. Also given that the US market is so large they even have to change the electrical system for sales in Europe. Therefore its hardly surprising that in terms of volume/shipping/tax differences that it is more costly to buy something in Europe. Nothing to do with rip off Europe just economy of scale.

David 



28/5/2010 at 7:21am
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Apart from the economy of scale, their transport costs are a quarter of ours, fuel is the same per gallon as we pay for a litre

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28/5/2010 at 8:27am
 Location: Cumbria
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well I still say use your Independent store as much as possible. Even if it is a pound or two more expensive as if you don't we will see them all go to the wall and then where will you see all the tents on display?  When was the last time you saw a tent on display in any of the supermarkets or places like Halfords? Walmart destroyed the independent camping market in the USA and if people do not watch out it will happen easily here. Then where will the knowledge come from. Not from supermarket check out people who just stack the stuff and have no better idea what a HH is then the calorific value of a tin of beans.

I can only guess at the costs of setting up a camping store...... It must be massive. Imagine having to set up a field of tents which are getting bigger and bigger with their footprints just for most people to go and look at? It's no wonder that there are fewer and fewer new independent stores opening.



28/5/2010 at 9:07am
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Quote: Originally posted by David Klyne on 28/5/2010

I am sorry this is complete nonsense!



Agreed, why are we comparing prices with the US? I'm guessing the items would be even cheaper in India or China. The mistake is to think the US is like the UK because we share a common language. It was pointed out at the time of the New Orleans floods that many Americans live in conditions no better than third world countries.

You have to compare prices in different countries as a proportion of wages/taxation/cost of healthcare/general living standards enjoyed by the people of those different countries.



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