Courts 'everlasting' Sales

[Pufferfish1]

http://www.temasekreview.com/2010/01/16/si...need-not-apply/

 

Singapore Courts mass-recruiting Malaysians in JB next Monday to fill vacancies based in Singapore

 

January 15, 2010

 

Furniture retail mart Courts will be launching a mass recruitment in exercise in Johor Bahru on 18 January 2010 for Malaysians to fill various positions in Singapore according to a tip-off we receive from a reader.

 

Singaporeans need not apply even if you travel across the Causeway for the interview as they are open to Malaysians only.

 

One may think that these jobs are those shunned by Singaporeans and Courts has no choice but to turn to Malaysians to fill the vacancies, as is often used by leaders of the ruling party to defend its pro-foreigner policy and regurgitated faithfully by the state media.

 

In his latest speech on 31st December 2009, Prime Minister Lee Hsien Loong promise Singaporeans that his ruling party will

Edited April 11, 2010 by Pufferfish1

[The_Bear]

http://www.temasekreview.com/2010/01/16/si...need-not-apply/

 

please check this out before you go down to courts

 

another angle but bias, nontheless.

[Seaweed]

i have never been able to get those so call good price items...yes....never once...so they are out for me already...to put it in a nice way....I may not have been there as early as others....to put it in a bad way...they cheated me at least once...i see newspaper...i go down...they paste a note saying newspaper wrong spec....

 

 

[Hosaybo]

I think courts business model is to get people to buy on installment and charge interest. Other than that, their price are not that cheap except for a few special offer items.

 

 

[The_Bear]

i have never been able to get those so call good price items...yes....never once...so they are out for me already...to put it in a nice way....I may not have been there as early as others....to put it in a bad way...they cheated me at least once...i see newspaper...i go down...they paste a note saying newspaper wrong spec....

 

Retailers do baiting.

 

If you see an ad for a 42" Plasma and response, you are probably thinking of buying one. Lets say the normal price for such a unit is $1200. You will more or less have dat budget in mind.

 

So when you turn up for the $800 offer, the offer, you will be told the offer has just ran out, wrong spec, we have got a better offer for you becoz you are handsome, the offer set does not come with ABC, EFG, HJK & XYZ which you will NEED, therefore its better to get another one....balh blah blah, fully rehearsed sales pitch.

 

Now, its just up to them to convince you to buy one at $1200 or $1100 by throwing in some sweeteners rg. upgrade 'brand', freebies, extended warranty etc.

 

Its a way to seperate the chaff from the seeds.

[Nkps]

Retailers do baiting.

 

If you see an ad for a 42" Plasma and response, you are probably thinking of buying one. Lets say the normal price for such a unit is $1200. You will more or less have dat budget in mind.

 

So when you turn up for the $800 offer, the offer, you will be told the offer has just ran out, wrong spec, we have got a better offer for you becoz you are handsome, the offer set does not come with ABC, EFG, HJK & XYZ which you will NEED, therefore its better to get another one....balh blah blah, fully rehearsed sales pitch.

 

Now, its just up to them to convince you to buy one at $1200 or $1100 by throwing in some sweeteners rg. upgrade 'brand', freebies, extended warranty etc.

 

Its a way to seperate the chaff from the seeds.

i simply like your signature, much better than that MO

[Drumstick]

It's all advertising gimmicks...

 

Out of 10 items advertise out, only 1 is worth the buy coz they may have tied down with the supplier for special deals.

Whaterever usual price they stated are base on SRP by suppliers which is the suggested retails price but not necessary need to follow.

 

If you want to have a good deal, think the alternative is buy old self life product during the warehouse clearance for old stock. Only when they want to clear old stock, the price would be attractive.

 

For IT products or gadgets, no need to say, best to buy during exhibitions periods coz of the freebies, add-on, purchase upon purchase, lucky draw etc added to it.

 

LCD, players, fridge, washer, etc, best time to buy is during the supplier warehouse sales when they want to clear the old stocks.

 

Always do your homework and check for the prices and items. Sales need not necessary means cheaper.

Need to consider the overall bundle that comes with it.

 

But base on experience, I will not buy from any of the big players unless it is a special deal with the supplier.

 

 

 

[Rb26dett]

I think courts business model is to get people to buy on installment and charge interest. Other than that, their price are not that cheap except for a few special offer items.

 

 

yes you are right.

there was once i was in courts just window shopping.

then this sales man approached me as i was looking at some camera equipments.he then told me about

the on going promotion and i told him i got no money.

he then added no worries can go for credit card installment i told him i got no credit card cos i had no intention to buy anything that day.

then he said no prob they got in house installment plans which is easy to apply and easy to approve.

he took out a calculator and did some calculations and told me that based on 2yrs installment plan , the amt i have to pay per mth is only $XX amount.

i did some calculation and after which it shows clearly that for an item of 1.6k value and installment plan of 24mths , the interest i have to pay is about 750 bucks .

gosh.

[Simplesilver]

very simple. I don't know how true this is.

But it kinda do sound logical.

 

EXAMPLE!

a camera on display in courts is $1100.

this is 110% of the original price.

than when they go on a 'promotion sale' or 'okay la, I give you discount' crapp talks,

they offer you, $1050.

so apparently it looks like you saved $50.

BUT, they still got profit of $50 even after discounting you,

they just need to keep selling more products only.

so, they can always afford the 'never-ending promotion sales'.

 

= This is what my friend ever told me.

 

 

and what Rb26dett brother has said above.

they also earn on the interest. even the damn bloody thing is so cheap.

but plus interest..., somemore 2years, 24x the interests.

Edited April 11, 2010 by Simplesilver

[Maxus-MIFA9]

for example

 

item A original quoted selling price is 399

sales price is 199.

after deduction of 200, still got profits to be made?

At times, please beware of some fine prints.......

 

Ever went once to TPY stall and SE says "For first 5 customers per stall per day" ...............

 

First in line and already sold out ???????

[Kezg1]

very simple. I don't know how true this is.

But it kinda do sound logical.

 

EXAMPLE!

a camera on display in courts is $1100.

this is 110% of the original price.

than when they go on a 'promotion sale' or 'okay la, I give you discount' crapp talks,

they offer you, $1050.

so apparently it looks like you saved $50.

BUT, they still got profit of $50 even after discounting you,

they just need to keep selling more products only.

so, they can always afford the 'never-ending promotion sales'.

 

= This is what my friend ever told me.

 

 

and what Rb26dett brother has said above.

they also earn on the interest. even the damn bloody thing is so cheap.

but plus interest..., somemore 2years, 24x the interests.

 

 

True, alot of people buy on installament especially a certain race, thats where the profit is.... but if the payment default is high in percentage then I presumed they won't be making $$.

[Thargor]

i read the Straits Times every Saturday and find that Courts is always having massive sales every week. the advertisemnts they put in the papers can be a few pages long. how can a company make $$ if they have are having massive sales almost every week?

 

can any knowledgable ones here provide some insight?

 

 

So simple lah...think a bit will know lah

 

say i have 1000 items...every week I put 10 on sales. Pple will buy my 10 items...but because they are in my shop, chances are they may buy the 990 items as well. Rotate the 1000 items...i can go on sales for 100 days and the same item will only be on sales every 4 months (roughly).

 

And with the weekly sales, as a consumer...i will go court if i want a good find cos i know there's always something on sales...dont even need to see advertisement for that.

 

 

[Dashingd]

btw if you guys are not aware, retailers like Courts & HN don't pay for these 3 - 4 pages of ads. They'll make the vendors pay...in what the industry call 'co-share'. Even if Courts does pay, it'll be a min amount.

 

So if you think about it, Courts' upfront layout is minimal, and they earn every single cent of profit from the sales (after deducting cost & expense of course).

 

....and no, I'm not working for Courts.

[Vextan]

these weekend sales, mostly are for outgoing models, display sets and low end models. Also, they do exagerate the RRP before stating a huge discount. As for the popular models and latest model like the Sony NX700 LED TV, there is no discount.

[Will_I_Am]

If we think about it, they can actually profit from the advs per se. If each product put up on the advs costs the vendor 2K, just imagine how much they can make from a full page adverts alone.

 

btw if you guys are not aware, retailers like Courts & HN don't pay for these 3 - 4 pages of ads. They'll make the vendors pay...in what the industry call 'co-share'. Even if Courts does pay, it'll be a min amount.

 

So if you think about it, Courts' upfront layout is minimal, and they earn every single cent of profit from the sales (after deducting cost & expense of course).

 

....and no, I'm not working for Courts.

 

[Dashingd]

If we think about it, they can actually profit from the advs per se. If each product put up on the advs costs the vendor 2K, just imagine how much they can make from a full page adverts alone.

 

 

Yes you're right....sometimes they do 'profit'.

[Yaloryalor]

Their price is never cheap. Ya, maybe cheap for 1 set sold in every store.

Do some homework to compare and you will know.

 

Yalor. 2 weeks ago their discounted price for a Panasonic TV is still $50 higher than another shop.

[Kensk]

Usually the good prices items are labelled "Japanese" brand or "Korean" brand.

When you probe further, you'll realised it is actually Japanese sounding branding like Akira and Enzer.

Edited April 12, 2010 by Kensk