(Topic ID: 185075)

Another price increase (for Canada)!

By Rob_G

7 years ago


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    #52 7 years ago
    Quoted from generalgman:

    Depends if you are buying or selling. The low Canadian dollar only is bad when you are buying. If you are selling, then it is a huge bonus.

    Right. 3 years ago someone from Canada could sell a pin for 5k USD and realize 5k CAD. So now on that same sale I'm sure they are fine with getting that same 5k CAD today and selling to someone in the US for only 4k USD...

    The Canadian distributor buying from Stern in USD isn't going to sit back and watch their gross profit decrease due to the FX impact of a weaker CAD. Now will they decrease prices when the CAD bounces back significantly and their cogs decrease as a result? That will truly tell if they are gouging more than they should.

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