Re: [New Release]- [STEINHART]- just an update...
Bro, i know where you,re coming from but if they want to do that, they should market their website under a different name altogether. Because end of the day, as consumers, gnomon website and gnomon shop to us are the same thing, same shop, run by the same ppl and should offer equivalent prices.
I have had experience 2 occasions where prices are higher in shop, 1st was when previously their website price is usd$, i took reference of the website price when i went down to buy a watch, but the price was quite different about 15%. When i asked why, the reasons were gst and usd$ conversion. So i said gst is fine but usd$ conversion rate of 1.3 was excessive becjause at that time, the bank rate was Ard ~1.23 approxmiately iirc. So i said, in that case i go exchange usd$ pay them better :) anyway, in the end they offered a discount so i just let it be. 2nd time was when i went to buy nato straps,recently. Again the price i paid is higher than the website, even after they offered a 10% discount.and on top of that, they didn,t offer the 30% discount they were offering online and i bought 3 straps, not just 1. Anyway i was already there so i didn,t want to trouble going home to order online again so i just bought it. And just so yoj know i,m not just flaming, i went home after that and bought another 5 straps online wifh 30% discount after i looked at my watches and thought of some straps i saw there that i thought may look good on them.
As a layman consumer, the price inconsistency is troubling. It makes me just consider buying online from them and not bother to go down to the shop. I would think shops with a physical store would want ppl to go down, because you,ll never know, the may see smth he like and never consider buying but ending up buying after seeing the actual item. That,s even how many shops in sim lim and a particular watch shop in peninsula does to keep ppl coming back :p But anyway, i,m not in a position to tell them how to do their business, it,s just a personal opinion :) no hard feelings. I like their stuff and am not exceptionally price sensitive so i will still continue shopping with them.
"rogue_hog"
[quote="doinkydoink"]
I don't mean compare to Steinhart website.
Their price tag in the shop is higher than their own website. If you are not aware, you may end up paying higher price than if u order online from them.
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I think ed had hit it right on the nail. its no surprise if the watch is cheaper on gnomon's website than at their shop. sometimes, it makes sense if you care to place yourself in other peoples' shoes and analyze objectively. now, firstly, their prices online exlcudes gst. now even after gst, it might appear cheaper than the standard walk-in discount they offer. why? wimple. like ed said, the price in the shop has to cover rental, staff salaries and possibly commission, other overheads associated with the shop. thus, a higher mark-up. if sold online, the overheads , namely staff salaries and commission and shop rental might be excluded. cos these overheads are not necessary if sold online. now, if gnomon does not have a shop front, it'll be reasonable for them to apply the website prices as their overheads will be a lot lower.
it's basic economics. but as consumers we tend to be naturally selfish and only look at one side of the story that benefits us and deny the fact that certain overheads are associated with different operations.[/quote]
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