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What's up with PS3 price change in Canada? |
Listed in: PS3 Tags: Future Shop, playstation 3 updates, Sony
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Logically, prices of new commodities start to go down after they've started picking up. The universal law of supply and demand, you know how it works. However, it seems that this isn't the case for the PlayStation 3 in Canada. To add more to this rather out of place practice, the apparent change in pricing came after reports of more units shipping back there.Over at retail store Future Shop's online site, they're currently listing the 6OGB behemoth for CA$ 699.99. It was originally tagged for just CA$ 659.99 or somewhere around US$ 560. On a different note however, it looks like our Canadian friends didn't mind at all as all the units in the said store have already sold out.
So what's up with this? Well, Gaming site GameSpot was able to talk to one Sony Canada representative.
Although the suggested retail price (SRP) of the PlayStation 3 in Canada has not changed, some Canadian retailers have chosen to increase their retail price as a result of the weaker Canadian dollar. This increase is solely at the discretion of the retailer, as Sony Computer Entertainment Canada has not issued a price increase.
Well, if that is the case, we suggest for our friends who haven't bought the PS3 yet to look around first in other stores. In these times, we mustn't underestimate the power of a thirty dollar saving.
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Comments
It's more a $40 dollar saving rather than $30.
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Also this quote is a key sign of wrong doing on sony's part:
"some Canadian retailers have chosen to increase their retail price as a result of the weaker Canadian dollar."
A weak dollar doesn't affect the retailer, they buy and sell their consoles in their local currency. A weaker Canadian dollar would only affect Sony's Canadian Distributor who buys the consoles direct from the Sony Japan in Japanese Yen. Obviously Sony Canada is passing on the expense to the retailer and leaving the retailer with basically no profit margin, hence the price increase.
Sony should either, reduce the wholesale cost for their Canadian distributor, or Sony Canada need to increase the RRP to allow decent profit margins that retailers to make their bread and butter.
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as of today. See how they're f*cking us?
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this is techinically incorrect.
If the distributor is in the US then therefore they should adjust their SRP acc. to the US SRP as that is their cost.
It depends on each chain.
Plus exchange is floating around 1.18-1.2 lately so putting it at 699 price point is fair.
I used to work at Sony-BMG so I am kind of familiar when it comes to SRP/distribution concerns/discrepancies within canadian retailers.
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I don't agree with their price point. But I do think they should adjust their prices accordingly.
Just as IF the CDN Dollar hits 1.1 or par even.
It should always be adjusted accordingly.
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Perhaps there is a market for those Ebay'ers now!
If Wal-Mart changes their prices, then there is going to be hell.
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As mentioned in the article, people dont seem to mind the slight value increase. If your already paying CA$659.99 for a console, what's the harm of spending another $40? And no, there's still no market for Ebay'ers as far as i'm concerned. That $40 increase would end up going towards shipping the damn thing anyway, not to mention you'd probably get no warranty with it too (depending on where your buying it from of course.)
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