![[Vic] IKEA UNDREDAL Queen Bed for $149, Reduced from $599 @ IKEA Springvale](https://files.ozbargain.com.au/n/55/352955.jpg?h=ee4fccf9)
Saw this Queen bed at IKEA Springvale. Actual price $599.
[Vic] IKEA UNDREDAL Queen Bed for $149, Reduced from $599 @ IKEA Springvale
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Sulpu on 31/12/2017 - 14:00 files.ozbargain.com.au (2926 clicks)
Last edited 31/12/2017 - 14:37 by 2 other users
Last edited 31/12/2017 - 14:37 by 2 other users
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Fixed it
this price had been here for weeks, though it's a good price. bought for guest room, can not say it's very good as swing also not quality like my solid wood bed.
It's not good as a swing?
a little bit… but enough for occasional use I think
Twice a week ok?
should be fine for couple who make swinging twice a week :p
Ikea seems to be one of the "screw Aussies" companies. Wouldn't how else to explain that it is here AU$599 and in the states $319.
Maybe because the US are so much closer to China?
economies of scale may explain it…
Price gouging. Price according to competitors (high) prices.
Unions jacked up minimum wage.
And that's a bad thing because???!!!
Someone has to subsidise the USA's absurdly low pricing. A rich island* nation like Australia is perfect for that. It isn't as though we can drive across the border in search of a better deal.
*Yes I know it's a continent. It's also a bloody big island.
We don't subsidize anything. If they were losing money they would close down and cut their losses.
Sheesh there are some funny views on this thread…
Global marketplace, my friend. The USA's role in it is to provide volume - companies sell low over there to maximise their throughput. That keeps their suppliers happy with nice big orders for materials, it keeps their manufacturing facilities fully utilised so they can justify their existence, it keeps their logistics contracts fulfilled… etc etc etc. However, they don;t make a particularly large percentage from doing this. SO in other marketplaces with lower volumes or less access to alternatives, they raise the price to whatever the market will bear. In a country like Australia, which has one of the highest personal net worth figures in the world, the amount the market will bear is quite high. Hence, high prices relative to the rest of the world.
So they lose money on large volumes of goods and make profits on small volumes?!!!!
I’ve worked in global companies. Believe me, Australia generally returns the highest GM of any country and depending on the geo and strategy the profit typically ends up subsidising investment into Asia or low sell prices in Asia.
All the excuses like logistics (it’s a huge country!), rent, salary etc make a 3-5% impact if you’re unlucky. Meanwhile pricing is generally almost double (130-180% or so) the US price.
@tightwad:
No one routinely sells at a loss unless it’s to squash or lock out a competitor. Also let me clarify, Australia is NOT subsidising the US. That is quite laughable. The US market is so enormous you can sell at 1% GM and still make millions BUT this doesn’t excuse selling into Australia at almost double the price and at 60-70% margin.
BTW wasn’t replying to you above.
How else are they going to afford the tax the they need to pay
Big multi nationals don't pay tax, haven't you heard?
Don't forget the USA price won't include sales tax either
Australia would be closer distance wise to China than USA
Same price Australia wide?
Nope. Some States have different sale products, this is one of them.
Seems like SA and WA have a separate franchise agreement. Too stingy to honour the East coast sale prices.
Even QLD have different sale items to other East Coast stores.
Not necessarily. Perhaps different franchisee?
can someone confirm if this price if in QLD as well
No, it’s not.
I have the quilt cover from the bed in your pic. They charge $79 for it (includes 4 pillow covers, which is a strange amount since QB will only have space for 2 pillows). What a rip off. It shrunk in the wash, and now won't fit the quilt without folding the quilt.
Return it under the 365 day return policy (or lifetime returns if you’re an IKEA Family member), unless you’ve had it longer.
Do they have a no questions asked return policy? I didn't think they would accept "it shrunk in the wash" as a legit reason for returning an item used.
I work at IKEA and can confirm I’ve seen stock in much worse condition with very dodgy reasons accepted for returns.
Just be sure to have your receipt or Family card.
I've found them to be really good when it comes to returning things on the family card. Minimal to no questions and no attitude - which is a refreshing change. I've only returned things that have remained unopened/genuinely faulty.
Don't see why not if you followed washing instructions and haven't had it for years?
$149, Reduced from $599?
So UNREAL!!
:P
IKEA UNDERDEAL I read at first
Nice find!
The sign says queen?