Jessops and the VAT hike....

Flash In The Pan

Flash In The Pan

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According to their website, Jessops weren't going to apply the 2.5% VAT hike until the 13th of this month, but now that this date has come and gone the prices have been adjusted to incorporate the rise.

I'm still trying to work out though how a 2.5% rise in VAT equates to an £81 increase in the price of a D300s, which is now £1079.97 but was £999 the day before......:suspect:
 
Another excuse to jump on the bandwagon and increase the prices way more than 2.5%. Maybe fire them and email and see what they say
 
Jessops prices go up and down like a yo-yo. Check back another day as it could easily have changed!
 
Yes that is true. I have just bought a Nikon 14-24 lens. I looked on the jessops site and it was more expencive than Warerhouse express. Then I ordered it several days after comparing the price from Warehouse express. Then for "the fun of it" I looked on jessops website, and belive it or not it was cheaper. I wished I had taken the time to compare them again. So yes the online price,s do change quite regularly.
 
Calumet bumped all their prices to include the VAT rise but some things are now cheaper than they were before VAT went up (D7000 is a case in point). If it's a volume product where there is good supply I can't see the retailers being able to really pass the VAT rate on in the current economic climate.
 
A lot of suppliers have increased their prices as well as the VAT change - and these can't always be absorbed my retailers. There are some future increases on their way too - Fuji have announced there will be price rises on some products - but they've not yet worked out how much - which is down to another outside factor - the exchange rate between the yen and pound. Its normal practice for them to set a rate once a year - and unless there is a huge shift, they hold that. Now there has been some changed since the rate was set last year - and it could be good for the pound, as it's in out favour - but not so good for the Euro... so prices might rise by up to 20% in Europe, but the change in the UK will be smaller!

Some companies like Jessops hoped to clear stock by giving people some extra time to make their orders.

You might find that they've been squeezed to much, and the change reflects the difference between making a profit and a loss - and if they make too many losses then they close!
 
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