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  1. 28th August 2008, 05:20 PM #1
    adeben
    adeben is offline Deceased
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    Default Ryobi at Mitre 10

    Now that Ryobi have an exclusive deal with Bunnings, local Mitre 10 stores seem to be divesting themselves of all Ryobi stock as quickly as possible. Today, at my local Mitre 10 (Wallington, near Geelong), all remaining Ryobi products seem to be at about half recommended retail price. For example, a Ryobi Scrollsaw, Model ESW1240RK, with flexible drive and accessory kit is $115.OO. It is supplied in the original box which is still shrink-wrapped. It's original price seemed to be around the $200 mark but I'm not sure of that. Anyway, it seems a good price, and they have at least one remaining.
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  2. 28th August 2008 05:20 PM # ADS
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  3. 28th August 2008, 05:23 PM #2
    Ron Dunn
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    Do we have any retailers in the forum? I'm curious about why companies discount so deeply just because they won't stock an item in future ... surely the tool is just as valuable today as it was yesterday, and a less steep discount would still sell?
    ... as long as the government is perceived as working for the benefit of children, the people will happily endure almost any curtailment of liberty and almost any deprivation. (A.Hitler)
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  4. 28th August 2008, 09:06 PM #3
    adeben
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    I'm not a retailer, but there seems to be a fair bit of anger in the local Mitre 10 that is aimed squarely at Ryobi. I suspect that they don't want to have Ryobi products 'on display' and thus given ongoing advertising. I also assume that even at the reduced prices a profit is still being made.
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  5. 29th August 2008, 11:11 AM #4
    petersemple
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    It would not surprise me if there is a certain date that they are not allowed to sell Ryobi stock past. I am guessing they may also want to clear it quickly to make room in the inventory system and display area for the stock they will be carrying into the future.

    Peter
    The other day I described to my daughter how to find something in the garage by saying "It's right near my big saw". A few minutes later she came back to ask: "Do you mean the black one, the green one, or the blue one?".
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