Japanese importers profiteering by exploiting devalued Yen

Started May 17, 2013 | Discussions thread
reps2
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Re: Japanese importers profiteering by exploiting devalued Yen
In reply to Chad Gladstone, May 18, 2013

Business is all about making a profit for the shareholders - if the punters in some foreign country are willing and able to pay the price set in whatever currency they use there, why on earth should the manufacturer reduce the price, just because a change in the rate of exchange between the two currencies increases his profit margin? What, of course, it does make possible is sales promotions, if and when sales at list price start to slow down.

Go for a grey import, or buy yourself in the manufacturer's own country!

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Richard

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