:lol: clearly you are not a rocket surgeon... AUD/USD has depreciated roughly 30%. Now go and calculate the % price rise....
What the hell is a Rocket Surgeon
Rook
I thought I was the only person who didnt knowWhat the hell is a Rocket Surgeon
Rook
haha.Rocket Surgeon is similar to a Brain Scientist, just a bit of switcheroo going on.
:icon_cheers: SJ
to buy 1USD it used to cost us about $1.02, now it costs $1.42. That's a 40% increase, not 30%. And similarly, CB price of wyeast, going from 9.80 is a 42% increase -- pretty close IMO. Doesn't bother me, MHB is my local and sells them for $12.95 a pop.
Wait until we bring in the new West Australian Peso system , then you will be paying way more ******'s.Very true Sammus, but the only problem is this assumes the yeast is being sold at cost. Its a base-effect issue. Using a hypothetical cost of say $5 per pack, the AUD depreciation would have caused an increased AUD cost to the retailer of around $2 per pack. Yet the price has increased by double that. Essentially what has happened is the new price has been calculated using the retail price, not the cost price.
This is actually quite common I have found. The other time you see it is when you hear something like "wholesale grain prices will increase by 30% next month" and then you discover that retail prices have actually increased by 30%. Nobody ever really thinks about it, but essentially the retailer is not just increasing prices to account for the rise in costs, but is also raising their profit margin by the same percentage.
Anyway, enough of these discussions, the best part about this thread is its an Aussie product so will not be subject to any of these exchange rate shenanigans!
Absolutley - where was I discouraging competition, did I miss something :unsure: ?
We actually entered the market with $9.80 Smack packs with a bigger margin than we have today - If the dollar returns, so will the price. Hopefully we'll have both products available, having the best choice available has always been what CraftBrewer is about.
cheers ross
This is actually quite common I have found. The other time you see it is when you hear something like "wholesale grain prices will increase by 30% next month" and then you discover that retail prices have actually increased by 30%. Nobody ever really thinks about it, but essentially the retailer is not just increasing prices to account for the rise in costs, but is also raising their profit margin by the same percentage.
:excl:I appreciate the supplier response but I still have no idea of contact info? PM sent but no response as yet. Any one got a contact for these yeast propagating Ninjas. h34r:
GB
i don't see the problem with this.
Profit margins are a percentage. Someone doesn't take a $2 profit on both a $10 item and a $10,000 item.
I hope to be able to answer that tomorrow.Hang in there.So what's the price of these things now?
So what's the price of these things now?
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