Donate Now
Goal amount for the next month: 1000 AUD, Received: 0 AUD (0%)
**** Please donate to the Toowoomba Hospital Foundation as part of the Leon Treadwell Memorial Charity Day ****
Note: If you would like to avoid Paypal from getting their cut, either make a paypal payment to andyp@ozgolf.net as a "Gift", or PM AndyP for OZgolf's bank account details.
-
19th December 2011 08:50 PM
#51
Senior Member
Golf Hall of Fame Inductee
-
19th December 2011 09:48 PM
#52
Senior Member
Touring Pro (European Tour)
How homeless guys just about always have a sports jacket.
If you start out depressed everything’s kind of a pleasant surprise.
WITB: stuff.
-
22nd December 2011 09:52 AM
#53
Senior Member
Touring Pro (European Tour)
That weekend amateurs still refer to some of their clubs as "non-conforming".
-
26th December 2011 06:03 PM
#54
Senior Member
Touring Pro (Nationwide Tour)
Perplex.
Boxing Day 'sales'. Are the prices actually lower than they were a week prior?
Furthermore, if they are genuinely discounted does this just show how big retail profit margins are here in Australia? Surely it's not all superseded stock that they are trying to get rid of.
-
26th December 2011 09:22 PM
#55
Senior Member
Golf Hall of Fame Inductee
No it does not mean the retail margins are too big. Inventory does not work the way you think, selling excess stock at a loss to get rid of it is sound business practice.
-
26th December 2011 09:51 PM
#56
Senior Member
Touring Pro (Nationwide Tour)
Are you suggesting that this is all excess stock that the stores need to get rid of? I find that a little hard to believe.
-
26th December 2011 10:40 PM
#57
Senior Member
Touring Pro (Nationwide Tour)
Around christmas with all the public holidays pay, overtime pay, bonuses, Christmas parties, etc, a lot of businesses need to liquidate inventory (turn things into money) to stay cash flow positive (have the money in the bank to pay the bills). Even if the goods are sold at a net loss (less than cost+overheads) they will usually still be sold barely at a gross profit (more than cost). But the business must sell their items, even at a loss, because if they don't have the money in the bank to pay their staff, they have no staff, if they can't pay their rent, they can't open, if they can't pay their suppliers, they have no stock. So in the short term they have to sell at close to a loss to keep the wheels of their business moving because of the large number of outgoings at occur all at once, they need the money in their accounts.
Also, you must remember that the wholesalers/manufacturers are in a similar situation, so they often compensate the retailers in credits or discounts on further purchases to offset the price reductions. So even though the retailer may be selling the item at less than what they originally paid for it, they are still operating at a net profit after supplier compensation is taken into account. That happens especially with Xmas stock. Retailers don't want to be that store that runs out of candy canes or Xmas lights, so they buy heaps at the advice of the supplier. Then after Xmas, it is more expensive for a supplier to credit the entire item and pay to have it returned to sell next year, so they credit the retailer 50% of cost and the retailer sells it as 50% off while still making the same profit (%), and slightly less profit ($).
Also, not everything is on sale. Look at the impulse items near the registers. They are probably at the same price, and those cheaply made pieces of crap or bottles of coke, or sticks of gum, are often the highest profit (%) items in the store, and more shoppers passing through the registers means more cheap impulse crap, more coke and more gum is sold then on a usual day, which offsets the net loss on regular stock.
Lobby (I can do more than put stickers on boxes of drugs)
-
26th December 2011 10:46 PM
#58
Senior Member
Touring Pro (PGA)
-
27th December 2011 07:54 AM
#59
Senior Member
Touring Pro (European Tour)
-
27th December 2011 01:58 PM
#60
Senior Member
Touring Pro (PGA)
Originally Posted by
Sydney Hacker
Big W Popper?
Yeah, being very tongue in cheek though
-
27th December 2011 02:30 PM
#61
Senior Member
Touring Pro (European Tour)
Auto-correct changing "sparrows" to "spar roes" How the fruck does it come up with that?????
If you start out depressed everything’s kind of a pleasant surprise.
WITB: stuff.
-
27th December 2011 03:02 PM
#62
Senior Member
Touring Pro (European Tour)
-
27th December 2011 08:25 PM
#63
Senior Member
Touring Pro (PGA)
-
29th December 2011 10:40 PM
#64
Senior Member
Touring Pro (European Tour)
The 3 threads going off at the moment involving iGolf and that people can even be bothered getting involved in online arguments.
-
29th December 2011 10:45 PM
#65
Senior Member
Order of Merit winner
Originally Posted by
TheTrueReview
The 3 threads going off at the moment involving iGolf and that people can even be bothered getting involved in online arguments.
Gotta have some fun
-
29th December 2011 11:03 PM
#66
Senior Member
Multiple Major Winner
There is only so much popcorn you can eat in a sitting!
-
29th December 2011 11:17 PM
#67
Senior Member
Major Winner
Originally Posted by
TheTrueReview
The 3 threads going off at the moment involving iGolf and that people can even be bothered getting involved in online arguments.
About as serious as I take Tom Cruise as stockcar racer and Nicole Kidman as a brain surgeon.
You don't get me. I'm part of the Union.
-
29th December 2011 11:20 PM
#68
Senior Member
Touring Pro (PGA)
Originally Posted by
TheTrueReview
The 3 threads going off at the moment involving iGolf and that people can even be bothered getting involved in online arguments.
It would be pretty boring at the moment if he wasn't around....
-
29th December 2011 11:24 PM
#69
Senior Member
Major Winner
Meh. It was funny for a while. Getting a bit tiresome now.
-
29th December 2011 11:31 PM
#70
Senior Member
Touring Pro (European Tour)
Originally Posted by
Dotty
About as serious as I take Tom Cruise as stockcar racer and Nicole Kidman as a brain surgeon.
She's not Dr Trewicky?
-
29th December 2011 11:34 PM
#71
Member
Touring Pro (Aust PGA)
Originally Posted by
mike
Meh. It was funny for a while. Getting a bit tiresome now.
The ignore list is a wonderful thing.
-
29th December 2011 11:38 PM
#72
Senior Member
Major Winner
Originally Posted by
TheTrueReview
She's not Dr Trewicky?
You had me stumped. You had Google stumped.
But IMDB said she played Dr Lewicki, so you weren't far off from only seeing that movie once. (I don't think anyone saw it a second time.)
You don't get me. I'm part of the Union.
-
30th December 2011 02:55 PM
#73
Senior Member
Touring Pro (European Tour)
Originally Posted by
Dotty
You had me stumped. You had Google stumped.
But IMDB said she played Dr Lewicki, so you weren't far off from only seeing that movie once. (I don't think anyone saw it a second time.)
Okay, I'll take another stab from the memory banks. Tom Cruise was "Cole Treacle". What sort of name was that??
-
30th December 2011 03:19 PM
#74
Senior Member
Touring Pro (PGA)
Originally Posted by
TheTrueReview
That weekend amateurs still refer to some of their clubs as "non-conforming".
The fact that TTR doesn't understand the rules of golf.
-
30th December 2011 03:22 PM
#75
Senior Member
Touring Pro (European Tour)
Originally Posted by
just
The fact that TTR doesn't understand the rules of golf.
Ouch baby.
Thread Information
Users Browsing this Thread
There are currently 4 users browsing this thread. (0 members and 4 guests)
Similar Threads
-
By Eag's in forum 19th Hole
Replies: 241
Last Post: 6th June 2016, 06:03 PM
-
By Ned in forum Pro Shop Archive
Replies: 19
Last Post: 12th November 2010, 08:35 AM
-
By shawwwww in forum Pro Shop Archive
Replies: 1
Last Post: 29th September 2010, 09:13 PM
-
By djhgolf in forum Pro Shop Archive
Replies: 13
Last Post: 25th May 2010, 01:38 PM
-
By macjackass in forum Pro Shop Archive
Replies: 6
Last Post: 18th May 2010, 04:10 PM
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
Forum Rules