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Subject: 
Re: minifig series 3 goes up from $1.99 to $2.99
Newsgroups: 
lugnet.general
Date: 
Wed, 29 Dec 2010 05:23:18 GMT
Viewed: 
27551 times
  
In lugnet.general, Anders Isaksson wrote:

Yeah, I forgot the VAT, sorry, but my comment was to the $1.99 - we paid 25
SEK for that series. The VAT is 25% on the net price, so 20% of the total.
That means 20 SEK before VAT. With todays exhange rate that's $2.92 compared
to your initial $1.99.

Thus, with the new US price $2.99 we're almost equal.

And yes, I understand the difference in 'cost of living' can make an
impact - we see almost the same ratio on everything where we can compare
numbers. Except wages, where it's rather reversed...

True the $1.99 was a much better rate for the US. I realize Lego is a corporate
and naturally they need to make a profit -- and more importantly maximize it.
But in the 21st century, they may need to factor in ubiquity of information and
how it sees no boundaries.

Before the internet I figure simply doing the math of market size and how the
retail market works would have been sufficient to set the price for products.

Since the company has no pressure or reason to do anything differently, and I
understand they are making tons of money with the current setup -- we will
continue to see irrational price differences.



Message has 1 Reply:
  Re: minifig series 3 goes up from $1.99 to $2.99
 
Don't even think of sweating your 2.99 price. It was 2.99 here in Canada (where uSD/CAD are almost par!!!!) for the first 2 series, and will hit 3.49 for series 4. So you can stop your whining, unless you live north of the Canada/USA border! he he, (...) (14 years ago, 29-Dec-10, to lugnet.general)

Message is in Reply To:
  Re: minifig series 3 goes up from $1.99 to $2.99
 
(...) Yeah, I forgot the VAT, sorry, but my comment was to the $1.99 - we paid 25 SEK for that series. The VAT is 25% on the net price, so 20% of the total. That means 20 SEK before VAT. With todays exhange rate that's $2.92 compared to your initial (...) (14 years ago, 26-Dec-10, to lugnet.general)

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