| | Re: Next year
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| (...) Hello again, Sorry about replying to my own post, but I remembered something else that the rep told me. TLC gives stores permission to put their products on sale. It seems that when store discounts or deep-discounts our favorite toy, TLC takes (...) (24 years ago, 21-Sep-00, to lugnet.general, lugnet.castle, lugnet.technic, lugnet.sports, lugnet.town)
| | | | Re: Next year
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| In lugnet.general, Kevin Zwicker writes: <snip> (...) OK I have a question because something in this does not make sense to me. When does TLC give persmission to put thier products on sale? Do they just give blanket permission (Unlikely but I could (...) (24 years ago, 21-Sep-00, to lugnet.market.theory)
| | | | Re: Next year
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| (...) Interesting... the toy guy in our local Zellers (not the Lego rep, the store employee) told me that TLC really loves it when they have a sale on Lego because the store takes the hit, they still pay TLC the same price for the sets. Maybe it's (...) (24 years ago, 21-Sep-00, to lugnet.market.theory)
| | | | Re: Next year
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| In lugnet.market.theory, Kevin Wilson writes: <Snip my own message> (...) I'm also in Canada (Montreal) so I doubt that it is a factor. The rep told me that, at most, the retailer took a 10% hit on his margin during sales. The rest of the discount (...) (24 years ago, 21-Sep-00, to lugnet.market.theory)
| | | | Re: Next year
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| In lugnet.general, Kevin Zwicker writes: <snip> (...) Hmm. Interesting. I would *guess* that this is only partly right. It seems reasonable to me that if LEGO tells a store to put set X on sale, then LEGO takes the hit. But at the same time, there (...) (24 years ago, 21-Sep-00, to lugnet.market.theory)
| | | | Re: Next year
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| Kev z --- your store employee or Lego Rep is wrong. Think, for a minute, about the number of transactions involved...even given computers, and we all know that the big chain computers are not always right, how could a retailer POSSIBLY track all the (...) (24 years ago, 21-Sep-00, to lugnet.market.theory)
| | | | Retailing (was Re: Next year)
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| (...) margin (...) I wouldn't be surprised if LEGO retailing is similar to the automobile industry. The manufacturer sells the sets/cars to the retailer/dealer for a specified price and provides pricing stability through the MSRP. Retailers/Dealers (...) (24 years ago, 21-Sep-00, to lugnet.market.theory)
| | | | Re: Next year
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| (...) This squares with my experience (which is mostly on the back end, not the retail floor per se). Unless a manufacturer gives out some sort of special promotion, inventory costs what it costs. It's up to the store how much or little to charge. (...) (24 years ago, 21-Sep-00, to lugnet.market.theory)
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