Sales

FeFiDoh

FeFiDoh

FeFiDoh

Soldato
Joined
17 Aug 2005
Posts
7,615
Location
Swindon
On tv and shops etc.. u see people advertising things like "better than half price sale" and just see safestyle windows are doing 55% off all windows. Does this mean that normally they are making like DOUBLE the money they normally are :confused:

They must make huge profits normally if thats the case.
 
R5Rich said:
On tv and shops etc.. u see people advertising things like "better than half price sale" and just see safestyle windows are doing 55% off all windows. Does this mean that normally they are making like DOUBLE the money they normally are :confused:

They must make huge profits normally if thats the case.
Click to expand...

Its usally old stock that hasnt sold so they are trying to get what they can from it.
Thats my understanding of it anyway
 
In the case of window fitters, yes, you're probably right. That's how they can afford to offer all those silly discounts all the time and still make a profit. Same goes for kitchens and bathrooms. Better than it used to be though.

Door-to-door salesmen now get short shrift from me. "Not interested" and close the door. Southern Electric come around every other month and tell me they have concerns about my electricity supply. I tell them I have concerns about their salesmen. :D

"Deep" discounts in shops do tend to be used to clear old stock.
 
R5Rich said:
On tv and shops etc.. u see people advertising things like "better than half price sale" and just see safestyle windows are doing 55% off all windows. Does this mean that normally they are making like DOUBLE the money they normally are :confused:

They must make huge profits normally if thats the case.
Click to expand...

It is an indicator that we as a country are heading for an economic disaster.
Shops had sales on before Xmas only for them to turn into January sales and for those to turn into now "spring" sales.
Lots of retailers are reporting profits down by 60% or more.

It looks pretty gloomy for the high street and therefore for our armies of shopworkers.

On that cheery note I say - get it while it is so cheap.
 
VIRII said:
It looks pretty gloomy for the high street and therefore for our armies of shopworkers.
Click to expand...
It has been pretty disastrous, but it appears that mortgage approvals are picking up, and the high street might even be doing the same to some small extent...

http://news.bbc.co.uk/1/hi/business/4840432.stm

As [TW]Fox said, home improvement companies have been doing this for decades. It's a well-known sales tactic and favourite of door-to-door salesmen everywhere.
 
Berserker said:
It has been pretty disastrous, but it appears that mortgage approvals are picking up, and the high street might even be doing the same to some small extent...

http://news.bbc.co.uk/1/hi/business/4840432.stm

As [TW]Fox said, home improvement companies have been doing this for decades. It's a well-known sales tactic and favourite of door-to-door salesmen everywhere.
Click to expand...

It is not just home improvement companies, most major high street chains are announcing lower profits and sales are still on.

The financial sector is booming though on the back of huge mortgage lending which rides on the back of house price increases which in turn ride on the back of deregulated lending.
 
No, I think you misunderstood. Home improvement places do it all the time - 24/7/365. It's part of 'industry practice' and has been for at least two decades. I'd consider it a legalised con - making you believe you've got a good deal when in fact you just paid the same as everyone else.

Shops have had a hard time recently and have been extending sales offers as a result, but the two are totally unconnected.
 
most of these places never actually sell the stuff at full price, MFI for example has a tiny shop in the middle of nowehere open one day a week where everything is the full list price so they can get away with there permanent sale! If I went into MFI and there wasn't a sale on i'd leave!
 
Berserker said:
No, I think you misunderstood. Home improvement places do it all the time - 24/7/365. It's part of 'industry practice' and has been for at least two decades. I'd consider it a legalised con - making you believe you've got a good deal when in fact you just paid the same as everyone else.

Shops have had a hard time recently and have been extending sales offers as a result, but the two are totally unconnected.
Click to expand...

Oh I see where you are coming from. Yes double glazing type outfits etc do constantly offer these "sales" and it is part of their normal sales "technique".
That in itself is unrelated to the doom and gloom looming for the highstreet indeed.

However I have no doubt that the slowdown is hitting them too.
 
VIRII said:
It is an indicator that we as a country are heading for an economic disaster.
Shops had sales on before Xmas only for them to turn into January sales and for those to turn into now "spring" sales.
Lots of retailers are reporting profits down by 60% or more.

It looks pretty gloomy for the high street and therefore for our armies of shopworkers.

On that cheery note I say - get it while it is so cheap.
Click to expand...

That is Partially true VIRII. However a lot of retailers put their loss in profit down to increased confidence in web based shopping. Its a far more cost effective route to channel. If sales are low then you still don't have the mill stone of all that shop space to pay for.

A lot of companies now make sure that each channel to market is independent of each other. A company like Argos being a prime example. The web based business is entirely independent of the high street store. So whilst the High Street is all loss of profit, the overall group is turning in more profit now than they ever did before.
 
You must log in or register to reply here.
Back
Top Bottom