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(Topic ID: 228650)

Price Increase On NIB Stern Machines In Australia

By ausretrogamer

2 years ago

Topic Stats

  • 26 posts
  • 15 Pinsiders participating
  • Latest reply 2 years ago by ausretrogamer
  • Topic is favorited by 2 Pinsiders


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    #2 2 years ago

    There hasn't been a price decrease in ten years for NIB Sterns from the local sole "authorised" Australian distributor and our dollar has been as low as .60c and as high as 1.09 against the greenback in that time.

    Draw your own conclusions.

    Or just keep on buying and complaining when the price points keeps rising - it has no impact with my pricing structure on the secondary market besides being able to offer a wider range of titles below local NIB entry points.

    EDIT: You would think a business which imports on such a regular basis would have the foresight to engage in forex currency hedging? Obviously not when titles currently in stock have also been affected in price by our "volatile exchange rate". LOL.

    #20 2 years ago
    Quoted from ausretrogamer:

    The current stock (going up in price) part definitely got the spidey senses tingling. Some titles are from a year ago & they’ve somehow spontaneously increased in price.

    Sounds like the classic boiling frog pricing strategy but I'm pleased to see someone else noticed.

    Quoted from rotordave:

    The one guy did do it, he got the pins at a wholesale rate and shipped in containers (much cheaper) - that would work out less of course. Eventually he got shut down. But one guy buying one pin at US retail and shipping it - the maths doesn’t add up.

    That "one guy" was openly reselling them for below AMD distributor pricing and still turning a profit so little wonder the distro got on the phone to Gary in Chicago to shut down the supply. We wouldn't want end consumers to know that there is actual flexibility on MSRP here.

    As an aside, "grey import" Sterns are still arriving in limited numbers down here primarily for personal collections rather than resale but the group of participants involved now have the acumen to be much more discreet about it.

    And given the way the current Australian pinball scene is structured across multiple facets that's unfortunately how a majority of pinball related business is forced to transact down here.

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