BEER ,WINE,PRICES UP TODAY

[nookiebear]

As with everything else here in Thailand the prices are rising rapidly...........BEER,WINE,& IMPORTED SPIRITS are up today!

[gotlost]

Alcohol excise taxes raised


September 3, 2013 6:55 pm
Effective on September 4, the excise taxes on liquor, beer and wine will go up by 7- 15 per cent.



Somchai Poolsawasdi, director-general of the Excise Department, said that the increases will go into effect immediately to prevent traders from hoarding products to cash in on the higher rates.

The rise in the price of beer is expected to be only Bt2-Bt3 per can, but will be higher for liquor, especially imported whisky.

[nookiebear]

Just bought 5 boxes Large Leo 500 baht/box in Nong Ki!

[JimNasium]

It's still a bargain.

[gotlost]

Just bought 5 boxes Large Leo 500 baht/box in Nong Ki!

I thank that price is on the old stock. Wait tell they gelt the new stock.

[urleft]

Doesn't matter if it is old stock, all stores need to up their prices today as in order to re-stock they have to pay that higher price. 

I went to a local store here and bought 6 cases at 505 baht.  An hour later the guy came saying he made a mistake and the price should have been 545 baht.  And while I could have argued with him that the deal was already closed, I let him take the beer back. 

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

I am kind of glad the guy came and I was starting to feel guilty for taking advantage of his ignorance for a lousy 150 baht or so. 

BTW, my TW called the Buriram Makro, they said that are still selling Leo at 495 baht.  However, they are out of stock at the moment. 

[erik69]

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

So how do you work that out 

[Somnat]

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

So how do you work that out 

Not rocket science....

Ten-satang is equivalent to one-tenth of a Thai baht 

[gotlost]

Doesn't matter if it is old stock, all stores need to up their prices today as in order to re-stock they have to pay that higher price. 

I went to a local store here and bought 6 cases at 505 baht.  An hour later the guy came saying he made a mistake and the price should have been 545 baht.  And while I could have argued with him that the deal was already closed, I let him take the beer back. 

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

I am kind of glad the guy came and I was starting to feel guilty for taking advantage of his ignorance for a lousy 150 baht or so. 

BTW, my TW called the Buriram Makro, they said that are still selling Leo at 495 baht.  However, they are out of stock at the moment.

True this is to be instantaneous on all stock. The bamboo telegraph was slow as usual.

[CO-CO]

Doesn't matter if it is old stock, all stores need to up their prices today as in order to re-stock they have to pay that higher price. 

I went to a local store here and bought 6 cases at 505 baht.  An hour later the guy came saying he made a mistake and the price should have been 545 baht.  And while I could have argued with him that the deal was already closed, I let him take the beer back. 

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

I am kind of glad the guy came and I was starting to feel guilty for taking advantage of his ignorance for a lousy 150 baht or so. 

BTW, my TW called the Buriram Makro, they said that are still selling Leo at 495 baht.  However, they are out of stock at the moment.

True this is to be instantaneous on all stock. The bamboo telegraph was slow as usual.

Bollocks.

The vendors 'normal margin' will be achieved by selling old stock at old prices. New stock at new prices will be sold at the appropriate margin.

Selling old stock at the higher price simply gives a windfall profit.

I would have thought Americans would have known that !! 

[urleft]

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

So how do you work that out 

Not rocket science....

Ten-satang is equivalent to one-tenth of a Thai baht 

For example, we sell some candy that I buy 100 at 77 baht, and sell each piece for 1 baht, or my price is .77 baht a piece and my profit is .23 baht.  Only takes me month to sell the 100 for my 23 baht windfall. 

[urleft]

Doesn't matter if it is old stock, all stores need to up their prices today as in order to re-stock they have to pay that higher price. 

I went to a local store here and bought 6 cases at 505 baht.  An hour later the guy came saying he made a mistake and the price should have been 545 baht.  And while I could have argued with him that the deal was already closed, I let him take the beer back. 

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

I am kind of glad the guy came and I was starting to feel guilty for taking advantage of his ignorance for a lousy 150 baht or so. 

BTW, my TW called the Buriram Makro, they said that are still selling Leo at 495 baht.  However, they are out of stock at the moment.

True this is to be instantaneous on all stock. The bamboo telegraph was slow as usual.

Bollocks.

The vendors 'normal margin' will be achieved by selling old stock at old prices. New stock at new prices will be sold at the appropriate margin.

Selling old stock at the higher price simply gives a windfall profit.

I would have thought Americans would have known that !! 

Co Co you are all wet on this one. 

The Thai already has made his investment to buy the case, and has a 10 baht a case profit.  His new cost is 530 baht, where does this new 20 baht come from?  He has to make another investment from his profit. 

Or he can immediately up the price and not have take from his profit.   

But then that is why we Americans are superior in business to the rest of you.   

[candy]

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

So how do you work that out 

Not rocket science....

Ten-satang is equivalent to one-tenth of a Thai baht 

For example, we sell some candy that I buy 100 at 77 baht, and sell each piece for 1 baht, or my price is .77 baht a piece and my profit is .23 baht.  Only takes me month to sell the 100 for my 23 baht windfall. 

You leave me out of this. I'm not getting involved.
 

[urleft]

These village stores have very little profit.  There seems to be a village store every 20 meters or so.  A lot of competion, small profit, sometimes measured in 10th of a baht.

So how do you work that out 

Not rocket science....

Ten-satang is equivalent to one-tenth of a Thai baht 

For example, we sell some candy that I buy 100 at 77 baht, and sell each piece for 1 baht, or my price is .77 baht a piece and my profit is .23 baht.  Only takes me month to sell the 100 for my 23 baht windfall. 

You leave me out of this. I'm not getting involved.
 

gladly as I would lose money trying to sell worthless "Candy"   

[candy]

That's nice.