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[CVG]3DS costs retailers £173 - report

post #1 of 12
Thread Starter 
Quote:
The Nintendo 3DS carries a trade price of £173, it's been reported.

If true, then retailers are slapping on a 33 percent mark-up on what they're paying for the handheld, if they decide to sell at £230.


Our colleagues at Games Radar report: "I got talking to a representative from one of the major supermarket brands in the UK, who told me that Nintendo is selling 3DS units to him at a base price of £173."
http://www.computerandvideogames.com...und173-report/
post #2 of 12
More than the Wii?

Pfft.

I'm not familair with how this console works, but i've never been a fan of this whole 3d trend. If you gotta wear glasses while playing this handheld, they can shove it where the sun don't shine.

I guess that price doesn't include VAT at 20%?
post #3 of 12
Sounds about average for electronics. Some things like TV's only make a 10% profit whereas things like monster cables make some stupid amount of money.
post #4 of 12
Quote:
Originally Posted by Thingamajig View Post
More than the Wii?

Pfft.

I'm not familair with how this console works, but i've never been a fan of this whole 3d trend. If you gotta wear glasses while playing this handheld, they can shove it where the sun don't shine.

I guess that price doesn't include VAT at 20%?
correct trade price nearly never carry VAT so the retailers are marking up 33% but 20% goes in taxes
one of the comments in the article show this
Quote:
If the trade price is £173 then VAT at 20% is therefore £34.60.

Which means the base retail price has to be £207.60. So if shops are selling it for £220 they're only making £13 profit on each unit, less than 6% return,
which to me is completely fair 6% profit
post #5 of 12
And this is different from other products how?
Hex
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Hex
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post #6 of 12
Quote:
Originally Posted by Thingamajig View Post
More than the Wii?

Pfft.

I'm not familair with how this console works, but i've never been a fan of this whole 3d trend. If you gotta wear glasses while playing this handheld, they can shove it where the sun don't shine.

I guess that price doesn't include VAT at 20%?
you don't need glasses!
:3
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:3
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post #7 of 12
Quote:
Originally Posted by Bitemarks and bloodstains View Post
correct trade price nearly never carry VAT so the retailers are marking up 33% but 20% goes in taxes
one of the comments in the article show this

which to me is completely fair 6% profit
If you are a business you do not pay VAT. So if they sell it for £220 they are actually making £47 profit. Straight up.
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post #8 of 12
And this is why I like it around Asia. Cheaper consoles
   
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post #9 of 12
best to buy it day it comes out usually good deals with play.com or amazon, game, gamestation and maybe places like asda and sainsburys
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ReD MiSt
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post #10 of 12
Quote:
Originally Posted by Reflux View Post
If you are a business you do not pay VAT. So if they sell it for £220 they are actually making £47 profit. Straight up.
Yes but VAT at 20% is paid when you buy it and that will come out of their markup on the item; £47 pounds in this case lets say. Therefore if the 3DS is £220 then £44 pounds of that is VAT(220*0.20) so its only £3
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