Hey Guys!
I've been wanting to ask, because i'll be overseas and wont be back until 27/12/2008…which is they day after boxing day, AND i've never been in australia during boxing day, i was just wondering whether the prices will still be cheap on the 27th december…or will they be cheaper? or back to the original price?
Thanks in advance xD
ahh coz im looking for a…probably an LCD tv…around 32" - 42" for around about ~$1000
and a 1tb external hdd xD
and some other bargains i guess
would stores like…jbhifi, myer, polo ralph, lacoste, officeworks, dicksmith, big w etc be still on sale the day after?
Boxing day sales are not on everywhere. In NSW places like Sydney CBD, Newcastle , Cabramatta and Central coast are open on boxing day, while other locations are open the next day. Given the eco climate I really think there will be sales and sales right thru to the end of January, theer will be plenty of opportunities to part with your money
^^
thanks for the reply xD
i know boxing day sales are not everywhere but i live in melbourne…sooo…i knwo there it occurs for sure hahas
ahhhh glad to hear that the sales will be right thru to the end of january
but im better off getting all the electronics prior to january 1st as all the big brands and technology is increasing up to 30% in price =(
che0173
care to elaborate on the 30% increase??? I know the $$$ went down but why jan 01?
errr…how should i say…sony, panasonic, samsung, LG and other big name companies are increasing the prices of electronics next year, in my opinion its stupid because we're quite close from running into recesion ==;
and well…the source: http://www.news.com.au/heraldsun/story/0,21985,24742766-661,…
Thanks for the link
I agree somewhat because of the big AUD fall, but maybe there's some scare tactics there too… some people have extra money now due to govt handouts, lets get their money before they spend it on something else, lets tell them prices will rise so they rush in and buy it now while they have the money and while they are willing to spend.
I was going to wait early next year to get the Wii.
LOLS yea probably but then, logically it cannot be a scare nor a tactic…
from what i can see, if they don't raise the prices then they'll go bankrupt…
the prices to import things from asia is humungous now, seeing as china's currency is dropping the slowest (i think =D)
and aud's is dropping at a huge rate
from what i can see, if they don’t raise the prices then they’ll go bankrupt…
That would depend on the price elasticity of demand of their products (among a number of other significant variables in the current economic environment).
I wonder if demand for electronics is less elastic than I think it should be.
umm, even if it does elastic, don't you think they still have to import it for the majority who still need to buy the electronics?
like…a broken tv, ouch, time to get a new one, unless they can resist the temptation and etc xD
even if it does elastic,
Huh?
don’t you think they still have to import it for the majority who still need to buy the electronics?
like…a broken tv, ouch, time to get a new one, unless they can resist the temptation and etc xD
che0173, not sure what point you were trying to make, but if it was in relation to my post I suggest you read a bit about PED.
Basically, in relation to your earlier statement - "from what i can see, if they don’t raise the prices then they’ll go bankrupt…" - the inference that raising prices will generate greater net revenue is dependent on PED. Obviously, those contemplating raising prices believe PED is relatively inelastic (better than unitary, from their point of view). In other words, they believe the decrease in demand/units sold will be more than offset by the increase in revenue from the higher unit price (e.g. 8 units sold at $13 apiece is better than 10 units sold at $10 apiece).
This may or may not be accurate. One would hope it is very accurate if bankruptcy is at stake as you suggested …
depends what you want and if you have the patience in busy malls. Lot of people getting free money this year from the govt (as always, I miss out) so there will be a lot of single mothers buying up in Campbelltown and Macarthur Square