As a retailer I can state for a fact that certain wholesalers charge Irish retailers a euro price equal to 1.5 times their sterling wholesale price , when invoicing in euro .
The way around this is to be invoiced in sterling and pay in sterling which is very possible , although certain wholesalers refuse to do this
I have queried this only to be given the fairytale answer that it is due to their insurance companies requirements .
Our solution is to cut out these wholesalers and find the ones willing to work with us and thus with a little pain on both sides we can match the sterling retail prices , even taking into account the 6% vat difference .
These are challenging times but there is nothing to be gained by retailers whinging about it and making excuses .
If you look hard enough for a solution there is always one to be found !
Thursday 5 February, 2009 at 11:14 pm
As a retailer I can state for a fact that certain wholesalers charge Irish retailers a euro price equal to 1.5 times their sterling wholesale price , when invoicing in euro .
The way around this is to be invoiced in sterling and pay in sterling which is very possible , although certain wholesalers refuse to do this
I have queried this only to be given the fairytale answer that it is due to their insurance companies requirements .
Our solution is to cut out these wholesalers and find the ones willing to work with us and thus with a little pain on both sides we can match the sterling retail prices , even taking into account the 6% vat difference .
These are challenging times but there is nothing to be gained by retailers whinging about it and making excuses .
If you look hard enough for a solution there is always one to be found !