Quote:
Originally Posted by Z3guy
Eff-1 I don't think you fully understand the tax rates in Ont and BC, they are completely different mark up structures....beer, wine, spirits are in general less expensive in Ont. BC has the highest tax rate for spirits at 163% mark up. Plus the COGS to get it to BC is more expensive. So you are not comparing apples to apples.
Hibiki is a globally allocated product. To get it for Canada, we have to submit our best business case to ensure some allocation for Canada. There are 50 countries that are lined up to get the allocated Hibiki product that is allocated for Canada.
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I don't know all the ins and outs, and I understand every province has its own tax structures and pricing. Sometimes ON comes out cheaper, sometimes BC comes out cheaper.
But looking at this single product, when compared to pricing I've seen around the world, $80 - $100 with taxes for a Hibiki NAS "feels" about right. I believe $130 is too high. But really doesn't matter, it will sell out regardless of what I think
For many reasons (blame the BC Liquor Stores who set the shelf price, blame the government for the markup, and blame the distributor too), all i'm saying is I believe $130 is overpriced, and feel free to prove me wrong but I bet that's the highest retail price set for this product anywhere in North America (and maybe even globally).