THeBlueCashew

General Discussion => The Flea Trap => Topic started by: Angry White Male on June 30, 2018, 09:57:15 PM

Title: Fat Stacks of Cash...
Post by: Angry White Male on June 30, 2018, 09:57:15 PM
...you jelly, bitches?  I thought so...  



Now go be poor somewhere else.















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Title: Re: Fat Stacks of Cash...
Post by: Anonymous on July 01, 2018, 12:20:17 AM
Quote from: "Angry White Male"...you jelly, bitches?  I thought so...  



Now go be poor somewhere else.















(//%3C/s%3E%3CURL%20url=%22http://i63.tinypic.com/e8lc8n.jpg%22%3Ehttp://i63.tinypic.com/e8lc8n.jpg%3C/URL%3E%3Ce%3E)

I think we have six dollars worth of Canadian Tire money in our house.
Title: Re: Fat Stacks of Cash...
Post by: Anonymous on July 01, 2018, 01:20:32 AM
Quote from: "Fashionista"
Quote from: "Angry White Male"...you jelly, bitches?  I thought so...  



Now go be poor somewhere else.















(//%3C/s%3E%3CURL%20url=%22http://i63.tinypic.com/e8lc8n.jpg%22%3Ehttp://i63.tinypic.com/e8lc8n.jpg%3C/URL%3E%3Ce%3E)

I think we have six dollars worth of Canadian Tire money in our house.

They aint as generous with it as they used to be.
Title: Re: Fat Stacks of Cash...
Post by: Angry White Male on July 01, 2018, 01:36:06 AM
Quote from: "Herman"They aint as generous with it as they used to be.

If Wiki is correct, it used to be 5%, then went lower and lower to its current rate of 0.4%.



However, it is higher if you switch to their plastic, which eliminates the paper bill issue of the 'reward.'



My guess is it costs more than five cents to print a five cent bill!  Remember, these are printed in the same factories that handled real Canadian bills when they were still paper, using the same methods!
Title: Re: Fat Stacks of Cash...
Post by: Anonymous on July 01, 2018, 01:46:57 AM
Quote from: "Angry White Male"
Quote from: "Herman"They aint as generous with it as they used to be.

If Wiki is correct, it used to be 5%, then went lower and lower to its current rate of 0.4%.



However, it is higher if you switch to their plastic, which eliminates the paper bill issue of the 'reward.'



My guess is it costs more than five cents to print a five cent bill!  Remember, these are printed in the same factories that handled real Canadian bills when they were still paper, using the same methods!

Maybe I should sign up for their card.
Title: Re: Fat Stacks of Cash...
Post by: Angry White Male on July 01, 2018, 02:02:51 AM
Quote from: "Herman"Maybe I should sign up for their card.

The basic Triangle rewards card does offer a higher reward than you would get compared with the paper 'rewards'...  I can't find out exactly how much higher, as it seems to vary, and Canadian Tire doesn't seem to post this info for some strange reason.  Probably because it changes all the time?
Title: Re: Fat Stacks of Cash...
Post by: Anonymous on July 01, 2018, 02:07:14 AM
Quote from: "Angry White Male"
Quote from: "Herman"Maybe I should sign up for their card.

The basic Triangle rewards card does offer a higher reward than you would get compared with the paper 'rewards'...  I can't find out exactly how much higher, as it seems to vary, and Canadian Tire doesn't seem to post this info for some strange reason.  Probably because it changes all the time?

I was in Lloyd last week, and the Filipina behind the counter asked me if I wanted to sign up for the card. She didn't seem to know much about it herself.
Title: Re: Fat Stacks of Cash...
Post by: Angry White Male on July 01, 2018, 02:10:25 AM
Quote from: "Herman"I was in Lloyd last week, and the Filipina behind the counter asked me if I wanted to sign up for the card. She didn't seem to know much about it herself.

They asked me too, but I declined...





Either way, they've gotten as cheap as the Scot on the fucking bill with the reward percentage now!  Back in tha day, it wouldn't take long to accumulate a fucking stack of the money a foot tall!   :laugh:



Now, not quite so easy...
Title: Re: Fat Stacks of Cash...
Post by: Bricktop on July 02, 2018, 12:14:30 AM
I love how they call reducing the price of their overpriced goods a "rewards system". If they can afford 5% discount, give you the damn discount.



I do not subscribe to any of these scam systems. Spend more, get a discount? If they want my business, they can give me the discount or I buy elsewhere.
Title: Re: Fat Stacks of Cash...
Post by: Angry White Male on July 02, 2018, 12:18:27 AM
In one way I can understand why Canadian Tire does this, and here's why:  If you pay by credit card, you do not get the Canadian Tire money.  You only get it if paying by cash or debit.



The reason is clear...  You pay by Visa or MasterCard, Canadian Tire has to pay them a fee for that.  So, you don't pay by credit card, and you get a little bit of that difference back.
Title: Re: Fat Stacks of Cash...
Post by: Bricktop on July 02, 2018, 12:50:44 AM
So why not just reduce the price by the amount of the surcharge, rather than drip feed you pennies?
Title: Re: Fat Stacks of Cash...
Post by: Angry White Male on July 02, 2018, 01:09:49 AM
Quote from: "Bricktop"So why not just reduce the price by the amount of the surcharge, rather than drip feed you pennies?

I guess from an accounting viewpoint it's just easier having one price on each item, instead of two different prices depending on form of payment?  Only guessing, as I only bill and get paid by cheque with my business.



A large corp like Walmart or Canadian Tire must have accounting and tax 'reasons' for doing what they do, that are far beyond what the average guy would even be able to understand...



Regardless, these retailers do pay a fee when credit cards are used...  It's a percentage of the total sale price.



Seoulbro might be the one poster here that could explain why businesses don't have a 'two-tiered' pricing scheme, depending on form of payment...
Title: Re: Fat Stacks of Cash...
Post by: Bricktop on July 02, 2018, 02:15:34 AM
You don't need to be an accountant to work that out.



You reward loyalty, in one form or another. One price for regulars, one price for punters.



The trick is to force the retailer to offer you the lowest price, regardless.
Title: Re: Fat Stacks of Cash...
Post by: Angry White Male on July 02, 2018, 02:19:11 AM
Quote from: "Bricktop"The trick is to force the retailer to offer you the lowest price, regardless.

Yeah, I'll go to Wal Mart tomorrow and 'trick' them into giving me a lower price...  



Do you fucking live in India?
Title: Re: Fat Stacks of Cash...
Post by: Bricktop on July 02, 2018, 02:29:03 AM
Clearly, you don't know how to shop. A ticket price is the ASKING price. True, many stores will stick to their ticket price (unless you provide evidence a competitor is selling an item cheaper, or they are the only retailer of that product), but many will also negotiate on larger items, usually for cash.



Next time you're out shopping for a TV, ask for 10% off.



They can only say no...and they rarely do. Works better in the last few days of the month, when they need maximum cash flow.
Title: Re: Fat Stacks of Cash...
Post by: Angry White Male on July 02, 2018, 02:33:59 AM
Maybe on some higher priced electronic items and such, especially if there is a cosmetic defect...



Good luck with that on a pack of Bic pens...
Title: Re: Fat Stacks of Cash...
Post by: Bricktop on July 02, 2018, 07:39:06 PM
There is only so much margin on retail items...but I can tell you that on stationery products it is typically around 30-50%. Which is not a lot considering the actual cost.



Here's another tip; you know products have HUGE margins when you see a large number of big corporations in that market place. Officeworks, Staples, Walmart, K Mart and most supermarkets to name but a few.
Title: Re: Fat Stacks of Cash...
Post by: Angry White Male on July 02, 2018, 07:43:24 PM
It depends though...  Did you know WalMart runs its business at a profit margin even lower than 3% at times? (it changes quarterly obviously)...



Obviously their volume of sales makes this work, but I don't believe there's a whole lotta room there to try to "Wheel and Deal" a better bargain.  This is in North America though...  Australia might have a slightly different business model.