Lisafuller wrote: ↑Sat, 31 Jul 2021 1:05 am
True. One thing I wish we had here were wholesalers like Costco or Sam’c club in America. Huge selection of products for a nice discount.
They have the Warehouse Club out in Tuas, and they even carry a few Kirkland brand items, but don’t expect the same kind value you get at Costco. It’s also owned by FairPrice, so close to 80% of what they sell is redundant and priced no better.
The idea of giving a significant discount for buying large quantities is completely lost on businesses here. Valu$ is the first retailer I’ve seen here that understands the Walmart model of running a business based on volume.
It is not unusual to see smaller quantities on sale while larger quantities are left at a higher price. But the most common is to find the exact same price whether you buy 1 or 100, makes no difference. I am told this is due to historical reasons, Singapore has always been a trading port and this is a traders mentality, just apply a simple mark up on cost.
The other funny thing here is the way they put things on sale, sometimes it’s a ridiculously small % off like 5% which maybe fools a few people, but I immediately dismiss it as not even being on sale! What a joke.
There are lots of other structural issues that cause high prices here, from restrictions put on distributors so they can’t sell to consumers to manufacturers being allowed to set fixed prices so no matter where you buy it, it’s the same price. It’s business friendly, but certainly not consumer friendly.