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smackjack22
Posts: 17
Registered: 12-23-2007
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why are the panasonic tvs way overpriced in canada?

All the panasonic models espicially the 65 inch s1 which is what im having to go to the states to purchase is way overpriced here.It is $2200 at (competitor) and $4000 here and the dollar is really close to the same right now.Panasonic makes the best plasmas but why are they screwing canadians?They don't even have the 65 inch v10 for sale or theyd sell it for $6000 probably.I really have to go out of my way to get the best tv for the money which really sucks i know everything is cheaper in the us but the price differences are sickening.I just see now the 58 inch s1 is $1500 in states and is $3000 at futureshop.....Man anybody who buys a tv here must be real **bleep** if they find this out.

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Krypto
Posts: 5,213
Registered: 03-22-2008
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Re: why are the panasonic tvs way overpriced in canada?

You should be aware that if you purchase the TV in the US, you will have to return to the US for warranty assistance.

 

Companies charge what they think they market will bear and they have every right to do so.  And don't forget that because Canada has less people, Canadian retailers are unable to negotiate the same prices as their American counterparts.  Even if Future Shop is owned by the same major electronics retailer as is present in the US, each is managed as an entirely seperate entity.  And because we are a smaller market, it can be more difficult to negotiate lower prices from the suppliers.

 

If you feel that you want to support the American market rather than the Canadian market (and thus support building the American economy rather than the Canadian economy), that's you're perogative, however, be prepared to deal with the extra hassle as well if something goes wrong with your product.


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cxz Emerging Expert
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cxz
Posts: 225
Registered: 02-14-2009

Re: why are the panasonic tvs way overpriced in canada?

already been discussed as to why, and the answers provided by the "industry" are rather "thin" to put it lightly.

 

http://www.futureshopforums.ca/t5/TVs/US-TV-pricing-vs-Canada/m-p/172194/highlight/true#M10386

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larry777
Posts: 781
Registered: 11-10-2008
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Re: why are the panasonic tvs way overpriced in canada?

The Canadian dollar is a lot stronger now and getting stronger ,and so has increased purchasing power to go with it. ( Buys more value for the dollar,and each Tv is only worth a certain value, which declines the closer you get to  new model launches ) Prices should fall for that reason alone. They will keep prices high for as long as possible though ,for increased profits. It usually comes down to whats best for the company rather than the consumer. If they need a surge of money in a hurry,the prices will go lower through sales.....if the retailer decides to pass it on. They want the bigger profits too.

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Krypto
Posts: 5,213
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Re: why are the panasonic tvs way overpriced in canada?

[ Edited ]

cxz wrote:

already been discussed as to why, and the answers provided by the "industry" are rather "thin" to put it lightly.

 

http://www.futureshopforums.ca/t5/TVs/US-TV-pricing-vs-Canada/m-p/172194/highlight/true#M10386


 

The "thin" replies by the industry are only "thin" according to our perspectives as a consumer.  Guaranteed if you worked for them, it would make a whole lot more sense (and not just in reference to profits).  Fact of the matter is that the increased competition in the US, with a market that is ~10 times as big as ours plays a big role in it.  They can also make a greater profit in the US with a smaller profit margin per unit as they can in Canada.  And yes, there are extra packaging costs per unit in Canada.  It may not work out to be a lot, but it all adds up.  Don't forget, we don't just see the price differences in Canada for electronics.  Go check out the price of food, laundry detergent, clothing, fuel, etc.  It's all higher here than it is in the US.

 

But then again, we have public health care and don't have to worry about who will pay if we break a leg or something. 

 

And you know the crazy thing?  If you go to Europe, the same TV is also likely to cost a whole bunch more.

 

It just is what it is and if you choose to live in Canada, then these are the prices we pay.  If you want to support the American economy, that's you're perogative, but then you can deal with the repairs or finding warranty insurance on your own.  Oh, and don't forget to factor in the cost of medical insurance for the trip down there.  It's either that, or if you end up in a hospital while there to pick it up, that $1500 TV could have just ended up costing $10,000s more.


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smackjack22
Posts: 17
Registered: 12-23-2007
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Re: why are the panasonic tvs way overpriced in canada?

^^^ what does supporting the american economy have anything to do with it?Lg's are the plasma tvs that are most prone to burn in and failure.Futureshop only has low glade panasonic plasmas with no anti glare for a decent price here without getting totally screwed.The failure rate of the panasonic s1's are real low and the 65 inch version would def beat any of the tvs being sold now at futureshop for value in fact thats why there selling it for $4000.....Theres no way im gonna pay like over $2700 for a 60 inch lg here with a 4 year warranty.Id much rather pay less than that with no warranty on the 65 inch s1 cause theres only a real small chance id have a problem and if there is id probably pay less than the warranty to get it fixed anyways

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smackjack22
Posts: 17
Registered: 12-23-2007
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Re: why are the panasonic tvs way overpriced in canada?

not to mention id take advantage of other things that are a lot cheaper there than here while im there.

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Krypto
Posts: 5,213
Registered: 03-22-2008
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Re: why are the panasonic tvs way overpriced in canada?

Do what you want as its your money.  My point of supporting the American economy is that by shopping in the US, you are giving jobs to Americans rather than Canadians - from sales associates, to distributors, to truckers, etc.  And jobs fuel the economy.  Every product bought in a country feeds that country's economy.  It's basic economics. 

 

Feel free to shop where you want.  It's a free country.  Personally, I don't like cross-border shopping for more reasons than just the warranty issue.  There are fundamental issues with it.  But that's my opinion. 

 

Ultimately, if you want to take issue with the pricing of electronics in Canada, you should be contacting the manufacturers and complaining to them.  They are still the ones dictating the prices to companies like Future Shop.

 

(Note:  I do not work for Future Shop, nor have I ever.  My opinions are my own and my own only).


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cxz Emerging Expert
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cxz
Posts: 225
Registered: 02-14-2009
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Re: why are the panasonic tvs way overpriced in canada?

[ Edited ]

 


Krypto wrote:

cxz wrote:

already been discussed as to why, and the answers provided by the "industry" are rather "thin" to put it lightly.

 

http://www.futureshopforums.ca/t5/TVs/US-TV-pricing-vs-Canada/m-p/172194/highlight/true#M10386


 

The "thin" replies by the industry are only "thin" according to our perspectives as a consumerGuaranteed if you worked for them, it would make a whole lot more sense (and not just in reference to profits).  Fact of the matter is that the increased competition in the US, with a market that is ~10 times as big as ours plays a big role in itThey can also make a greater profit in the US with a smaller profit margin per unit as they can in CanadaAnd yes, there are extra packaging costs per unit in CanadaIt may not work out to be a lot, but it all adds up.  Don't forget, we don't just see the price differences in Canada for electronicsGo check out the price of food, laundry detergent, clothing, fuel, etcIt's all higher here than it is in the US.

 

But then again, we have public health care and don't have to worry about who will pay if we break a leg or something

 

And you know the crazy thingIf you go to Europe, the same TV is also likely to cost a whole bunch more.

 

It just is what it is and if you choose to live in Canada, then these are the prices we payIf you want to support the American economy, that's you're perogative, but then you can deal with the repairs or finding warranty insurance on your ownOh, and don't forget to factor in the cost of medical insurance for the trip down thereIt's either that, or if you end up in a hospital while there to pick it up, that $1500 TV could have just ended up costing $10,000s more.


 

 

First of all i am not asking for the same prices, that would be unreasonable. I know that there are costs that must be factored like bilingual packaging, fuel/transportation etc...But does that equate to the vast differences in pricing on some models? LOL it certainly does not add up. The extra cost for consumables that you mentioned are reasonable, however relatively speaking, the same cannot be said for certain cars and electronics, to name the two most prominent products with large gaps in pricing.

 

And about supporting the local economy. I am not guilted or will be guilted by the notion that buying in the states supports americans and not canadians. Since it would be extremely difficult and expensive to buy canadian all the time, i make a conscious effort where i think it is possible to do so in order to support local products and buying a overpriced panasonic simply because its being sold of a canadian shelf would be naive of me to do. Complaining does not result in lower prices, but taking business else where does. The onus should be on Panasonic to lower prices in order to be competitive and protect jobs, not canadians.


Furthermore, yes they pay more for health insurance, but what does that have to with panasonic tvs? What is the likelihood of you breaking a leg while in Buffalo? You are presenting unlikely circumstances, not to mention that there is something called travel insurance. For that matter why leave your house or drive your car? There is a miniscule chance you might be hit by lightining or get into a car accident.

 

Lastly, i would like to point out that no you are not on your own when it comes to repairs. In the very unlikelihood that your television needs repairs (panasonic is fairly relaible), there are plenty or reputable 3rd party supplementary warranty providers such as Mack. While on the topic of warranties, i will ask the same question i did in the last thread:

 

"On a seprate note, why does sony pick and choose what products are to be limited by "georgraphical boundaries (technically its a political boudary between us and the states)". For example, my ps3 which i purchased in detroit for significantly less was repaired here at MTC in whitby (or is it oshawa?), at sonys repair depot. Ill take an educated guess and say that vaio laptops and cameras do not have this limitation as well. Is it due to size or just video products like tvs?"


-of course many small electronics now cost the same (ps3) or are very close in pricing, which is somewhat of a step in the right direction...

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XL
Posts: 2,311
Registered: 08-12-2008
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Re: why are the panasonic tvs way overpriced in canada?

I'll also add....

 

Why should I have to pay for French content?  I'm happy with USA english if it saves me money.  If someone wants French, why shouldn't they be responsible in paying for it.

 

Then there is income taxes, I already pay a huge Canadian tax surcharge compared to the States.  Why should my goods cost more.... especially when it takes many of us 15 minutes to cross the border.  Has no one noticed cross border shopping is a form of a national tax revolt?