Hard Drive Pricing going up at an alarming rate!!!!

Andrew Moore · 20 Oct 2011 at 13:19

As pre warned, Mechanical storage is going up in price at an alarming rate.

This is unlikely to change before 2012 with price increases potentially going to increase by even more.

These are dark times on the storage front at the moment with deals none existant for some time to come

You may indeed be able to buy drives much cheaper elsewhere but they WILL run out of stock very quickly so my advice is that you buy where you can as you will not see affordable storage at all as current stocks deplete.

Surveyor · 20 Oct 2011 at 13:42

Your warning comes a little late.

You've increased the prices on drives you already have in stock.

The amount you've already paid for them hasn't increased so the increase would seem to be pure profit (plus VAT).

darael · 20 Oct 2011 at 13:52

Is this caused by factories closing because of poor weather and flooding?

CaptainCrash · 20 Oct 2011 at 13:57

darael said:
Is this caused by factories closing because of poor weather and flooding?

I'm sure that's a major contributing factor, but I'd noticed prices were creeping up even before the Thailand floods.

the_r_sole · 20 Oct 2011 at 13:59

Surveyor said:
Your warning comes a little late.

You've increased the prices on drives you already have in stock.

The amount you've already paid for them hasn't increased so the increase would seem to be pure profit (plus VAT).

Andrew Moore · 20 Oct 2011 at 14:01

Surveyor said:
Your warning comes a little late.

You've increased the prices on drives you already have in stock.

The amount you've already paid for them hasn't increased so the increase would seem to be pure profit (plus VAT).

Stock is valued on a daily basis. Thats real time pricing.

FragnaticDeath · 20 Oct 2011 at 14:10

Andrew how bad is it? How much of an increase in %?

Surveyor · 20 Oct 2011 at 14:14

Andrew Moore said:
Stock is valued on a daily basis. Thats real time pricing.

I appreciate that what you're doing with "real time pricing" is bumping the price up based on anticipated future shortages and price rises.

I'm sure most businesses would do the same in similar circumstances.

On current stock though the increase is still pure profit based on the price you've already paid.

Toothy1911 · 20 Oct 2011 at 14:16

Surveyor said:
Your warning comes a little late.

You've increased the prices on drives you already have in stock.

The amount you've already paid for them hasn't increased so the increase would seem to be pure profit (plus VAT).

I agree. You'd sell a shed load if you kept previous prices. Just from people wanting to get a drive or 2 before the price increase. Bit naughty increasing prices that much on the fly

DragonQ · 20 Oct 2011 at 14:20

2 TB F4EG for £80 at OcUK or £65 elsewhere, hmm...

2 TB WD Green for £80 at OcUK or £61 elsewhere, double hmm...

Andrew Moore · 20 Oct 2011 at 14:23

Toothy1911 said:
I agree. You'd sell a shed load if you kept previous prices. Just from people wanting to get a drive or 2 before the price increase. Bit naughty increasing prices that much on the fly

Ill give an example.

If I bought Drive A at £25 last week it is now £48 today.

There no adjusting on the fly here I am affraid

Toothy1911 · 20 Oct 2011 at 14:23

DragonQ said:
2 TB F4EG for £80 at OcUK or £65 elsewhere, hmm...

Prices look like they will be at this in a few days/weeks time. OCUK seemed to have jumped the gun a bit on this one

kae2 · 20 Oct 2011 at 14:28

£65 delivered... Might as well fill the server before pricing gets silly.

Surveyor · 20 Oct 2011 at 14:29

Andrew Moore said:
Ill give an example.

If I bought Drive A at £25 last week it is now £48 today.

There no adjusting on the fly here I am affraid

You've increased the retail price of Drive A already even though the stock you have you only paid £25 for last week.

Andrew Moore · 20 Oct 2011 at 14:35

Surveyor said:
You've increased the retail price of Drive A already even though the stock you have you only paid £25 for last week.

Its not how stock levels work.

That is all I will say on the matter.

ElectroBlaster · 20 Oct 2011 at 15:08

Well thats the final nail in the coffin for me on this matter! Im sick of drives failing taking stuff out, sick of having to keep stripping machines down to get at drives and now with grey imports on top of everything im really thinking about giving up with computers for a long time.

So im assuming there will be no special offers this side of xmas?

Andrew Moore · 20 Oct 2011 at 15:12

ElectroBlaster said:
Well thats the final nail in the coffin for me on this matter! Im sick of drives failing taking stuff out, sick of having to keep stripping machines down to get at drives and now with grey imports on top of everything im really thinking about giving up with computers for a long time.

So im assuming there will be no special offers this side of xmas?

I dont think there will be many if any at all.

PAz · 20 Oct 2011 at 15:15

Damn, need to pick up some 2tb disks.

Luckily I can still get the ST2000DL003 for 58 quid

Dicehunter · 20 Oct 2011 at 15:41

Surveyor said:
On current stock though the increase is still pure profit based on the price you've already paid.

This is OCUK dont forget

redeye_uk · 20 Oct 2011 at 16:23

I was going to get a Sammy 2TB drive, but the warning came too late and the price has already jumped. I'll sit on the fence for a few months and wait for prices to come down again.