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Old 09-22-2012, 08:37 PM   #1
murg
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Posts: 1,322
Karma: 2511408
Join Date: Jan 2012
Location: Australia
Device: Kobo: Not just an eReader, it's an adventure!
Global Glo Prices (are you being overcharged?)

Seeing how we're being charged a 23% premium for the Glo in Australia, I was curious what Kobo was charging for the Glo around the world.

The base Canadian retail price is CA$130 at Indigo.ca

Kobo's Australian distributor, Collins, is pre-selling the Glo at AU$160.

The retail equivalent price FX calculation is: CA$130 x 0.979087 = AU$127.291 (AU$130)

Collins (in AU$): $160-$130 = $30 premium, or 23%

Note: for the sake of smoothing out the FX rates (and the comparision), we'll peg the local equivalent at AU$130, or parity with the Canadian retail price.

Of note is that Collins did have a one-day price reduction on their pre-orders to AU$127.50, which is the local equivalent retail price.

I'm using xe.com for the FX rates.
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