Why is Kogan's HK iPhone SE stock more expensive than Apple's local stock?

Lno not me on 27/04/2016 - 10:22
Last edited 27/04/2016 - 10:24 by 1 other user

Just browsing eBay today and came across a so-called deal.

Kogan:
http://www.ebay.com.au/itm/Apple-iPhone-SE-16GB-Gold-/162032…

Apple:
http://www.apple.com/au/shop/buy-iphone/iphone-se

How is it that Apple is $679 (including shipping, etc) and Kogan is $701 (including shipping and generic charger, as it comes with a HK charger). Kogan's website (https://www.kogan.com/au/buy/apple-iphone-se-16gb-gold-apple…) has the device for $679 too, shipping not included and costs $22 to my location, likely flat-rate as it makes the end price match eBay's.

Why are people buying this stock, unless they used the eBay 15% off? Furthermore, why is Kogan not selling local stock if they are the exact same price. Hell, they could sell local stock and ship it cheaper but they're probably just absorbing more profit by sending grey imports and charging the same as local, if not MORE when you include shipping.

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Comments

  • spackbace on 27/04/2016 - 10:30
    +3

    This just expired yesterday, that's why

  • tomleonhart on 27/04/2016 - 10:30
    +1

    because Kogan can

    • holdenmg on 27/04/2016 - 12:57
      -2

      because Ko gan. lol

  • Diji1 on 27/04/2016 - 12:17
    +1

    Welcome to the free market where vendors don't try and give customers the best price they can in fact they attempt to do the exact opposite.

    Whilst manipulating you into believing they're doing the former.

  • MrMcHairyHead on 27/04/2016 - 15:13
    +1

    Because Kogan is breaking the law and falselsy advertising that they have a 51% off sale (Ended yesterday), when in fact iPhone and Apple Watch prices went up during the sale.

    They were fined 32,000$ for this once before. I'm submitting a complaint to the ACCC about it tonight. You should too.

    • RockyRaccoon on 27/04/2016 - 15:51

      2 things before you do.

      I think it was 15% off not 51% off
      Also the 15% off was an allowance made by eBay not Kogan. Kogan was just one of the stores that the eBay offer applied to.

      Good luck with ACCC but I think they maybe ok

      • miarn on 27/04/2016 - 18:11

        Pretty sure arrive stores (DSE?) received large fingers from the ACCC for exactly this behaviour during eBay sales

      • MrMcHairyHead on 28/04/2016 - 08:05

        Yeah typo, obviously 15. Also they were fined for it last time so I don't see why they wouldn't be fined for it this time. On Ebay even: https://www.accc.gov.au/media-release/kogan-pays-32400-penal…

        • RockyRaccoon on 28/04/2016 - 14:30

          Go ahead as I said, but you have to understand that this complaint is different. In the one that they got fined for, they advertised you would save 20%. In this case its eBay who is advertising that you save 15% off the eBay price, not Kogan.

          I am not a lawyer (and they get it wrong, otherwise we wouldnt need judges) so I dont know for sure. But I would be prepared for the ACCC to take no action as it wasnt Kogan that stated you will save the 15%

          Anyway let us know how you go :)

        • MrMcHairyHead on 28/04/2016 - 14:54

          @RockyRaccoon: Well then the complaint is still valid and ebay will get fined.

        • MrMcHairyHead on 28/04/2016 - 15:21

          @RockyRaccoon: But yeah even if it's technically different I think it'll still be a breach of the law… I'll let you know if anything happens!

  • PVA on 27/04/2016 - 15:53
    +1

    I guess the same reason why you see on ebay items selling for more than retail. Some people dont know the price and assume Kogan , ebay etc must be cheaper.

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