Newegg is participating in a 12.5-hour 2% Cash Back Sale! (Expires 09/30/2008)
Ends 9/30/08 11:59pm CT
As a token of our appreciation, we have decided to reward our community members with 2% in Cash Back (normally 1%). Hurry! This sale ends tonight!
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You couldn't have done this at the start of the business day? My morning Cash Back purchase at Newegg was at the old rate ... blah. Sometimes (many times) I hate fatwallet....
TM1
piñata
posted: Sep. 30, 2008 @ 1:00p
damn it, I placed orders today before this was posted .
leprechanmonkie said: well i dont think Newegg has a profit margin like the companies offering 10-20% CashBack. They would be loosing money if they made it too highThat has nothing to do with Newegg giving only 1% (now 2) CashBack to Fatwallet but more (3%) to the live program. And after all the deals from Newegg that have been posted...
I'll hold out for the rare sale (5-7% CB) or the epic sale (>7% CB). Of course, we may live long enough to see a legendary sale (>10% CB), but I am thinking that would be through MS Live.
I for one am sick and tired of Newegg "adjusting" prices and shipping prices going up every few weeks. For example I was trying to buy 25 usb flash drives 2 days ago, shipping ended up being $53, roughly 40% of the total. Newegg rep offered $20 off, but how do I tell my client that there is $33 shipping charge for 1 lb box. I still love to shop there but bargains are much harder to find these days.
Open your own blog and sign up for these on linkshare or CJ and you should get more. FW is not doing us any favor by giving an extra percent back....we are doing them loyalty by buying through their links so they also make money...but 3% is always better.
leprechanmonkie said: well i dont think Newegg has a profit margin like the companies offering 10-20% CashBack. They would be loosing money if they made it too high
Markup from wholesale to retail is on average about 15%.
Danzilla said: leprechanmonkie said: well i dont think Newegg has a profit margin like the companies offering 10-20% CashBack. They would be loosing money if they made it too highThat has nothing to do with Newegg giving only 1% (now 2) CashBack to Fatwallet but more (3%) to the live program. And after all the deals from Newegg that have been posted...
May be Live program has another company adding another percentage point or two... May be that company has extra cash to throw around, you know? Can't remember it's name though...
Amko said: I for one am sick and tired of Newegg "adjusting" prices and shipping prices going up every few weeks. For example I was trying to buy 25 usb flash drives 2 days ago, shipping ended up being $53, roughly 40% of the total. Newegg rep offered $20 off, but how do I tell my client that there is $33 shipping charge for 1 lb box. I still love to shop there but bargains are much harder to find these days.
That's why you don't let your clients know your suppliers. They buy from you, not Newegg. You invoice them, not Newegg.
bsipe9
Senior Member
posted: Sep. 30, 2008 @ 11:34p
prochobo said: Amko said: I for one am sick and tired of Newegg "adjusting" prices and shipping prices going up every few weeks. For example I was trying to buy 25 usb flash drives 2 days ago, shipping ended up being $53, roughly 40% of the total. Newegg rep offered $20 off, but how do I tell my client that there is $33 shipping charge for 1 lb box. I still love to shop there but bargains are much harder to find these days.
That's why you don't let your clients know your suppliers. They buy from you, not Newegg. You invoice them, not Newegg.
Exactly. It reminds me of people I know who complain about the shipping on eBay. They'll wine about how the $20 item they're buying for $0.25 has $10 shipping. If the item was $11 with free shipping they'd be thrilled to death, but god forbid they pay $10.25 if most of it is "s/h".
If that $33 shipping charge takes you total price per thumb drive above what you're willing to pay, then don't order them. Obviously it didn't or you wouldn't have. I'm guessing you just felt you had a valid complaint to get them to lower their price. Wouldn't surprise me none if you forwarded the original invoice with the $53 charge to your client so you could make a few more bucks.
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