Quote:
Originally Posted by Tekkamanraiden
That would be why a lot of them starting selling is USD.
|
No one disputes that. In fact, everyone is griping about exactly that.
Canadian retailers selling in USD is to the detriment of the Canadian market. It will hurt them in the long run because the only market that will buy from them is the US itself where bigger e-tailers exist anyway with lower shipping rates within the US.
Canadian e-tailers selling in USD when the Canadian dollar is high was smart, because it gives them a cushion when the Canadian dollar would (and has) drop like a rock, but that cushion cannot last forever.
The advantage in selling in USD to Canadians with a high Canadian dollar meant that the e-tailers could build that cushion while offering a lower shipping rate to Canadians, under-cutting the bigger e-tailers in the US while also offering a guarantee of no customs charges for even larger savings.
Now that the Canadian dollar has dropped so low, it would be smart for the Canadian e-tailers to revert to charging in Canadian dollars and charge Canadian MSRP to Canadians and US MSRP (in American dollars) to Americans. This way they won't absorb nearly the loss as they would by virtually the entire Canadian market jumping over directly to Japanese e-tailers because frankly, Japanese MSRP + duty is still cheaper than anything sold in USD right now.