Haggling DFS?

Greebo said:
Depreciation is only insane because DFS are selling £250 sofas for £1000 in the first place.
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somewhat unlikely that the total cost of selling a sofa to a member of the public is only 25% of the retail cost......

much like fast food restaurants the cost of the materials may only be a small percentage of the total cost but staff, warehouses, showrooms, transport etc all add up.

a half year pre tax profit of 16.7m on gross sales of over 1bn suggests the profit margin is quite low on furniture sold....

https://www.retail-week.com/sectors...les-rise-in-half-year-results/7019798.article
 
Caracus2k said:
somewhat unlikely that the total cost of selling a sofa to a member of the public is only 25% of the retail cost......

much like fast food restaurants the cost of the materials may only be a small percentage of the total cost but staff, warehouses, showrooms, transport etc all add up.

a half year pre tax profit of 16.7m on gross sales of over 1bn suggests the profit margin is quite low on furniture sold....

https://www.retail-week.com/sectors...les-rise-in-half-year-results/7019798.article
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Oh i agree there will be staffing and showroom and advertising costs as well. Plus a huge amount put aside for repairs. A friend who used to work for them said the repair rate was astronomical on the sofas they sell as they are so cheap in the first place. EBITDA was £95m so around 9.5%.
 
They have built a business about selling forward book finance agreements for which you get some furniture. Getting a discount is not really their model, though I would not say it's impossible but would be on back of store old stock I suspect.
 
I tried and failed and I was paying cash. Tried a few other places and they didnt budge either.

The only offers they would give us was the bundles, which were not what we wanted.
 
I'm not sure why people say they won't come down in price when there are so many examples of them reducing for cash.

I got my sofas back in 2012 from SCS, new range at the time and very expensive. Haggled 400 off the price of 2 three seaters. Still paid £2200, but they reduced it for cash.

Maybe people need to be a bit more haggle savvy, or perhaps are talking to the wrong people. Either way it is definitely possible to haggle.

But hey, if your branch won't play ball just drive to the next town and try again :)
 
NVP said:
I'm not sure why people say they won't come down in price when there are so many examples of them reducing for cash.

I got my sofas back in 2012 from SCS, new range at the time and very expensive. Haggled 400 off the price of 2 three seaters. Still paid £2200, but they reduced it for cash.

Maybe people need to be a bit more haggle savvy, or perhaps are talking to the wrong people. Either way it is definitely possible to haggle.

But hey, if your branch won't play ball just drive to the next town and try again :)
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SCS was where ours came from. They seemed happy to haggle.
 
Does it matter? You spend $10k on a sofa and get, let's say $1k off. So what? The price wasn't $10k to start with and you're deluded to think it ever was but you play along and do your 'haggle' play (lol) and the actors do their lines and then you get a $9k sofa.

Isn't that just a good outcome? You think you've 'haggled' (and I hate, hate this word), the salesman's followed Corporate governance, and everyone is happy.

Don't overplay the small wins is what I'm saying.
 
"Haggle" is just a loose term I guess, don't over think it.

Basically we're getting something cheaper by asking, why is that an issue for you? It's a good thing, no?

Whether it's corporate guidelines or one man's market stall, the concept is the same.
 
Caracus2k said:
somewhat unlikely that the total cost of selling a sofa to a member of the public is only 25% of the retail cost......

much like fast food restaurants the cost of the materials may only be a small percentage of the total cost but staff, warehouses, showrooms, transport etc all add up.

a half year pre tax profit of 16.7m on gross sales of over 1bn suggests the profit margin is quite low on furniture sold....

https://www.retail-week.com/sectors...les-rise-in-half-year-results/7019798.article
Click to expand...

There are some interesting pricing on furniture mind - a bed I was looking at was approx. £900 in black at a few different places but only £450 at some of them in a really ugly brown (exact same model, different colour). In the end found a specialist who'd sell the bed at £350 in black but only with almost a couple of hundred worth of matching accessories bundled so I've given it a pass for now.
 
NVP said:
"Haggle" is just a loose term I guess, don't over think it.

Basically we're getting something cheaper by asking, why is that an issue for you? It's a good thing, no?

Whether it's corporate guidelines or one man's market stall, the concept is the same.
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I agree. Always push, always. And cheaper is of course better.

They'll hit their 60% margin regardless of whether you 'haggle' or not. My point was more about taking a view on how important it is to have that deal and that's a mentality argument rather than a fiscal one.
 
NVP said:
I'm not sure why people say they won't come down in price when there are so many examples of them reducing for cash.

I got my sofas back in 2012 from SCS, new range at the time and very expensive. Haggled 400 off the price of 2 three seaters. Still paid £2200, but they reduced it for cash.

Maybe people need to be a bit more haggle savvy, or perhaps are talking to the wrong people. Either way it is definitely possible to haggle.

But hey, if your branch won't play ball just drive to the next town and try again :)
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Scs is not dfs and I have have previously got money off at scs.
 
[FnG]magnolia said:
Does it matter? You spend $10k on a sofa and get, let's say $1k off. So what? The price wasn't $10k to start with and you're deluded to think it ever was but you play along and do your 'haggle' play (lol) and the actors do their lines and then you get a $9k sofa.

Isn't that just a good outcome? You think you've 'haggled' (and I hate, hate this word), the salesman's followed Corporate governance, and everyone is happy.

Don't overplay the small wins is what I'm saying.
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Strange attitude. Point is if you manage to get 10% off everything you buy by haggling and was going to buy the item at full price even if you didn't get anything off, you save 10% on everything you buy. Why pay 10k when you can pay 9k?

Do you just pay full price for everything?
 
i got a leather care kit thrown in for free.

mainly cause i said "nah i dont want the kit" so he just went "meh chuck it in as a freebie then"

30 whole pounds!!
 
scrivz69 said:
http://www.dfs.co.uk/new-force/frc23a2sp#r6p3vUszBUKvCrvD.97

Wife managed to get a 3 seather, 2 seater and a footstool all for a grand, god knows how I didn't ask lol.
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So did I.

Calvino 3 seater, 2 seater and storage stool for £1k.

It was only because they were on "sale" that week. Leather seats and cushions with faux leather on the back and sides to keep the costs down. Even then I still took the 2 year interest free option so I could keep the grand in the bank earning interest and pay £40 a month instead.
 
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