Albertorius wrote:Vorian wrote:A bizarre post. It makes no sense at all to ignore regional pricing. You are correct, a company will want to maintain it's ability to charge the maximum it can in each region to maximize the money it can make.
Getting angry about common business practises isn't going to get you far.
Almost as bizarre as saying "they can choose to put the price they want elsewhere because currency". If you don't see a problem when a company's currency rate reads like bad fanfic in comparison with the actual rates, I don't know what to tell you... it's nice not to worry about it, I guess?
And it will get me far enough to do what I've done when other companies' pricing or policies stop making enough sense to me. There's enough fish in the sea, and well, I can always get back to Infinity, which is local.
H.B.M.C. wrote:Vorian wrote:Fixed regional pricing to hedge against currency fluctuations is not seeing the future. It's just common sense.
So that's why Oz prices are based upon currency conversion rates that make zero sense! How could I miss that.
I don't say Australian prices make sense or not. I don't know enough about local prices to say.
What I'm saying is how much Australian prices equate to in £ $ or USD is completely immaterial.
The real Brexit issue for continentals will be
GWs ability to stop them ordering from
UK stores, so they can now effectively enforce their regional prices there.
But you did say that european (and by extension, not local currency) prices made sense because currency fluctuation, so which is which?
I would be amazed if local prices were effected much by issues such as local taxation and tariffs.
They'll just be affected by the currency rate
GW decides to use, that time and time again, they have shown to choose by throwing darts to a chart that starts at "1 pound = 1.5 pound".
So that's nice.
Again, standard business practise.
If someone in the US was willing to pay $100 for a unit on the day before Brexit, they would still be willing to pay $100 for that unit the day after Brexit.
The fact that the £ depreciated by 15% in the few hours separating it does not change the relative worth to the person getting paid in $ and spending in $.
In the same way, if the $ collapsed for some reason, the prices there would stay the same.
As the £ depreciates further against foreign currency, as it probably will be doing, the conversion rate is going to look worse and worse - but in local currency nothing will change.
That $100 unit will still be $100.
Now, that is different to saying the $100 is a "fair" price, which is different for each of us. But, as I said earlier in this thread,
GW are winning the argument on prices because they are recording record revenue, record growth and are expanding manufacturing capability. Current prices are not a problem.