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DVD Question |
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#1 |
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Join Date: Mar 2002
Location: Bracknell
Posts: 2,269
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DVD Question
They were allowed to buy things during the task (toy car) why not start of with 20 or so DVD's then nip to Dixons when running low??
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#2 |
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Join Date: Jun 2005
Location: Nottingham
Posts: 11,478
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One of the task rules not revealed to us viewers is my guess.
It does mean the candidates needed to have a good idea of likely sales before they started. |
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#3 |
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Join Date: Jul 2009
Location: UK
Posts: 17,852
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it's a red herring isnt it. In a business, you carry your stock forward.
just a mechanism to let LS dismiss whoever he wants really. eg - he could easily have disallowed any sales for team Stuart once they tried to jack the preice up. That was TRULY horrendous. |
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#4 |
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Quote:
..eg - he could easily have disallowed any sales for team Stuart once they tried to jack the preice up. That was TRULY horrendous.
If your product is selling well at £10 it makes sense to see if the market will bear £15 - if it doesn't then you can drop the price again, but if it does then your making an extra fiver per sale - whats Lordalun not going to like there?
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#5 |
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Join Date: Jul 2009
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I disagree.
Quoting £10, and then trying to charge £15 was absolutely shocking. As I say, if LS had WANTED to disallow sales, he would.could have. He's done it before. |
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#6 |
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I'm not sure that customer had been quoted £10 - he seemed to be arguing that he had seen a flyer saying £10 which isn't quite the same thing - though it could certainly be argued that putting the price on the flyer will be affecting price expectation so shouldn't have been done.
Even so he still got his dvd for £10 so there'd be no reason to discount it from the total. |
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#7 |
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Join Date: Nov 2010
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But why dixon the pound shops offer much cheaper blank DVD's. Every penny counts here.
They should have told them they could sell it on Ebay for a huge profit! And putting up the price only means they didnt come back to collect it which didnt happen according to Sandeesh in her team. They should have offered more sweets if they came back! |
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#8 |
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Join Date: Mar 2006
Location: Folkestone
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Quote:
I'm not sure that customer had been quoted £10 - he seemed to be arguing that he had seen a flyer saying £10 which isn't quite the same thing - though it could certainly be argued that putting the price on the flyer will be affecting price expectation so shouldn't have been done.
Even so he still got his dvd for £10 so there'd be no reason to discount it from the total. I expected more to be made of the fact that they sold DVDs which included (in part) other people's children. I thought such an act would be seen as illegal these days. |
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#9 |
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Join Date: Mar 2002
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Quote:
I believe he said that he had seen the price on a receipt, i.e. that someone else had bought a DVD from them and he came along to get the same thing on the same day and expected to pay the same price.
I expected more to be made of the fact that they sold DVDs which included (in part) other people's children. I thought such an act would be seen as illegal these days. |
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#10 |
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Join Date: May 2009
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Quote:
I believe he said that he had seen the price on a receipt, i.e. that someone else had bought a DVD from them and he came along to get the same thing on the same day and expected to pay the same price.
I expected more to be made of the fact that they sold DVDs which included (in part) other people's children. I thought such an act would be seen as illegal these days. |
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#11 |
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Join Date: Jun 2005
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Quote:
Eh? Surely thats the very basic business principle of "Supply and demand"?
If your product is selling well at £10 it makes sense to see if the market will bear £15 - if it doesn't then you can drop the price again, but if it does then your making an extra fiver per sale - whats Lordalun not going to like there? ![]() you would need to add something to get the bigger price - for example adding a photograph or vid-cap/still to the cover-box as a 'deluxe' version. AMS would not want to be done for misleading price information. |
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#12 |
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Join Date: Apr 2005
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Quote:
But why dixon the pound shops offer much cheaper blank DVD's.
Quote:
They should have told them they could sell it on Ebay for a huge profit!
That's not allowed under general Apprentice rules.Quote:
I expected more to be made of the fact that they sold DVDs which included (in part) other people's children. I thought such an act would be seen as illegal these days.
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#13 |
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Join Date: Nov 2010
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They should have told them they could sell it on Ebay for a huge profit!
This was said tongue in cheek remembering a previous episode where this was done with a painting and most likely done again the with £300 pound tie dress. |
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#14 |
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Join Date: Mar 2006
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Quote:
Eh? Surely thats the very basic business principle of "Supply and demand"?
If your product is selling well at £10 it makes sense to see if the market will bear £15 - if it doesn't then you can drop the price again, but if it does then your making an extra fiver per sale - whats Lordalun not going to like there? ![]() |
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#15 |
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Join Date: Jun 2005
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Quote:
Not on the same day! Would YOU buy a CD in HMV (for instance) that you saw in the morning for £15 but when you came back in the afternoon it was £20?????
Though sometimes people do fall over themselves to pay more - think about house prices... |
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#16 |
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Quote:
I believe he said that he had seen the price on a receipt, i.e. that someone else had bought a DVD from them and he came along to get the same thing on the .
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#17 |
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Join Date: May 2009
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Quote:
What I mean is that the punters in the afternoon and evening will be fresh to the concept - so in general if you know people are willing to pay £10 then fresh faces may stump up £15 or even more.
Though sometimes people do fall over themselves to pay more - think about house prices... In Series 4 with the sandelwood soap selling well, they did raise their price. The difference being that they didn't seem to write it down as an advert. It's not such a smart practice if you do it on the same day or without fair warning. Any customers who have seen the old price and then come back aren't likely to buy. Most will walk away in annoyance at having their time wasted. A few will make a scene and demand the old price. That will likely put off those that witness it. House prices are expected to attract offers by common practice. Commodity prices move by the minute, by common practice. It is not common practice for other honest traders to up their prices right in front of you. |
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#18 |
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Join Date: Dec 2008
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Quote:
I'm not sure that customer had been quoted £10 - he seemed to be arguing that he had seen a flyer saying £10 which isn't quite the same thing - though it could certainly be argued that putting the price on the flyer will be affecting price expectation so shouldn't have been done.
Even so he still got his dvd for £10 so there'd be no reason to discount it from the total. http://en.wikipedia.org/wiki/Bait-and-switch Edit: But, if it was just a receipt that the prospective customer saw, not a flyer, that wouldn't be bait and switch. |
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#19 |
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The guy was back to collect his DVD which was made for the agreed earlier lower price.
It's not on to hike the price at that point. Maybe on new sales but not after the DVD was ready and taken up at the lower price offer. |
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#20 |
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Join Date: Nov 2005
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All this talk about telling people to sell it on eBay - who (ebay buyer) would want to buy a DVD of someone else's kid driving a car?
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#21 |
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Join Date: Jan 2007
Location: Suffolk
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Be nice to know the rules of the game, but as with all reality TC it is a TV show first!
My version of TA would be to get 20 Random people out the street, phone book anything and give them the task! My other point is that if you were to set-up a company selling DVD's then you would be able to reuse stock (in fact 99% of stock can be reused except for perishables) So you would buy bulk DVD's (Good ones) at low cost. I understand that TA is about the pressure on the day etc. yet that aspect is not made obvious on the show, i.e the lack of sleep etc. |
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#22 |
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Join Date: Apr 2008
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Quote:
All this talk about telling people to sell it on eBay - who (ebay buyer) would want to buy a DVD of someone else's kid driving a car?
One way to get around the changing the price during the day may have been to apply a discount. DVD - Full price £15 Quiet period - Discount to £10 (To draw people in) Busy period - No discount Or swap it around as appropriate. As long as the customer was charged the amount that they first agreed to, would it matter too much? |
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#23 |
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Join Date: Jun 2009
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[quote=nanscombe;45809140]I think you'll find that people may be talking about selling the excess blank DVDs on eBay.
One way to get around the changing the price during the day may have been to apply a discount. DVD - Full price £15 Quiet period - Discount to £10 (To draw people in) Busy period - No discount Or swap it around as appropriate. As long as the customer was charged the amount that they first agreed to, would it matter too much?[/QUOTE] For a one off thing you could get away with it, but were it a regular business, this sort of practice would ruin your reputation, people talk. |
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#24 |
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Join Date: May 2009
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Quote:
I think you'll find that people may be talking about selling the excess blank DVDs on eBay.
One way to get around the changing the price during the day may have been to apply a discount. DVD - Full price £15 Quiet period - Discount to £10 (To draw people in) Busy period - No discount Or swap it around as appropriate. As long as the customer was charged the amount that they first agreed to, would it matter too much? As for your flexible price system, yeah nothing to stop you, other than what impression it makes on the customers. You see the stand, go off and find your other half with the kids, and now it's suddenly 50% dearer! You'd feel an idiot that you got the price wrong. Now you've got you kids interested and there's a wait cos they're busy. Better hope they don't pass your way again and see £10. It's not a good idea to give customers any reason to think they have been conned. Not just the repeat business suffers, but nothing turns off waiting potential customers faster than someone making a loud complaint. I mean if they are conning on price, what else? Will the DVD even play when you get it home? I'd pass at that point and walk on. Perhaps even finding another team doing the same video thing ![]() As they weren't taking deposits (errr why??) I wonder if the reason Stuart's team had so many unclaimed dvd's is because those people later saw Sandeesh's outfit charging less and let their child do it again, and only paid for that one. Afterall, their prices were at least going in the direction customers' prefer. Btw I loved Sugar having a go at Chris for lowering prices because it's easier. Hmmm the last version of the emailer was launched at £99, six months later Amstrad halved the price! One year after launch Tesco had them on sale for £14.99. In the early 90's Amstrad launched one of the first portable computers (like a large Palm Pilot). It was up against the Apple Newton (before Apple were so cool). The UK one wasn't cheap but in some areas was better than the Newton. Still struggled. Five years after launch the remaining stock was sold off to Tandy who retailed them at £50 each. Simillar fate for the face care system Tim Campbell was given to launch. That takes some searching to even find. Currently the Amscreen units are free. They are 'selling' well and many huge businesses have signed up to install these free units. The money is to be made (projected) from advertisers paying to have adverts shown on them. At least the free bit was the plan from the beginning this time. I wonder about his auto biography if his memory is so 'hazy'
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#25 |
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Join Date: Nov 2010
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The reason they could be sold on ebay would be because they had the apprentices on as well. That is they should have all been on. I am sure when the winner is announced, that little boy or girl in the little car will also become famous!
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