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Please let us introduce ourselves before we write further. We are on of the best wholesale drop shippers in UK and worldwide. Our services include speacialising in wholesale electronics, dropship, wholesale gadgets, dropshipping companies, dropship game consoles, wholesale plasmas etc. As well as doing and dealing with these here we also advise and deal with wholesale drop shippers and suppliers
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However, Lets get to the main point of our blog.
Leading electronics companies have been accused of ramping up prices for online shoppers in the run-up to Christmas.
The Office of Fair Trading (OFT) said it was examining a complaint from the Interactive Media in Retailing Group.
The IMRG says manufacturers have been raising wholesale prices for online retailers - leaving them unable to undercut High Street prices.
The OFT declined to say which firms were being probed, while manufacturers say they have done nothing wrong.
The alleged practice of "dual pricing" means that High Street stores and e-tailers face different wholesale charges.
But the manufacturers argue that there is only one price for all resellers - but some are offered discounts, based on commercial considerations.
Analysts say the discounts tend to go to traditional retail outlets as, among other things, they allow the manufacturer's products to be put on display.
'Unfair pricing'
The IMRG says dual pricing stifles competition and the higher costs are forcing online sellers out of business as well as leading to higher prices for consumers.
And they say that the big manufacturers are abusing their position.
"This... must be stopped immediately," said James Roper, chief executive of IMRG.
"Twenty-four million British consumers have embraced internet shopping. They are collectively investing £6bn a year in PCs and internet connections that give them their own, personal shopping environments - their High Street at home.
"These consumers are directly bearing many of the costs previously carried by bricks-and-mortar shops, which is a major reason for internet shopping prices being highly competitive."
Mr Roper also said that research from 24 European countries indicated that the UK was the only country to be targeted by dual pricing.
Denial
Some media reports had suggested that one of the companies concerned was Sony, but the firm has strongly denied that it operates a dual pricing system.
"Sony offers a common basic trade price to all resellers, online and offline. What is true is that Sony offers discounts to qualifying retailers, which benefit consumers," said Steve Dowdle, managing director of Sony UK.
Mr Dowdle said Sony's practice of offering discounts was nothing new, and was not unlawful under UK or EU law.
"We supply retailers using a comprehensive set of commercial conditions that reward all dealers who add value to the brand proposition and purchasing experience.
"The commercial conditions recognise the different consumer experience and service that retailers offer to their customers," he added.
According to IMRG, 20% of electrical goods, worth an estimated £5bn, will be sold online in the run-up to Christmas.
Many Thanks
Arif's Wholesale Dropship Company
www.top1wholesaler.com
Thursday, 11 March 2010
European Stock Markets Weaken by www.top1wholesaler.com
Dear Retailers and Resellers,
This is top1wholesaler wholesale and drop shipping team. We speacialize in many different Electronics Market Related Issues. Our main services include
wholesale drop shippers
wholesale & drop ship electronics
wholesale suppliers
wholesale & drop ship mobile phones
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We are writing this blog with some updates of Eauropean Wholesale Stock Markets.
London's benchmark FTSE 100 index dipped 0.18 percent to 5,630.65 points, in Paris the CAC 40 was down 0.35 percent to 3,931 points while Frankfurt's DAX 30 was flat at 5,936.77 points.
The Stoxx 50 index of top eurozone shares shed 0.27 percent to 2,901.87 points.
"Once again, investors are sitting on the fence, weighing up another batch of mixed economic data and company reports," said Anthony Grech, market strategist at spread-betting firm IG Index
"The situation is mirrored across the Atlantic, where the Dow is at a virtual standstill this week. With continuing downbeat forecasts from economists, politicians and chief executives alike, we could be set for a minor correction before the next upward spurt."
In London, BP shares dropped 0.32 percent to 622.92 pence after the group announced a major deal that will give the British energy giant its first foothold in Brazil.
BP said it will pay US firm Devon Energy 7.0 billion dollars (5.1 billion euros) for assets in Brazil, Azerbaijan and the Gulf of Mexico.
In New York on Wednesday, Wall Street was slightly firmer after data showed a drop in wholesale inventories and rising sales, lifting hopes of economic recovery and improvement in the job market.
The Dow Jones Industrial Average gained just 0.03 percent to 10,567.33 points, after posting modest gains on Tuesday on the one-year anniversary of the start of the market's rebound from its 2009 lows.
Analysts said the market got a lift from a government report which showed wholesale inventories unexpectedly fell, by 0.2 percent, in January. Analysts had expected inventories to rise 0.2 percent.
The report also said that sales by US wholesalers in the first month of 2010 rose 1.3 percent to a seasonally adjusted 346.7 billion dollars.
In Asian trade earlier Thursday, Japanese stocks closed 0.96 percent higher, supported by the modest gains on US markets and by a weaker yen, which is good for exporters, dealers said.
They said investors reacted calmly to government figures showing that Japan's economy is recovering more slowly than previously thought from its worst recession on record.
The world's number two economy expanded 0.9 percent in October-December from the previous quarter, revised down from an initial estimate of 1.1 percent.
Hong Kong and Shanghai stocks ended flat Thursday as investors exercised caution after February inflation data in China renewed concerns of further policy tightening.
China's National Bureau of Statistics said consumer prices rose 2.7 percent year-on-year in February, quickening from 1.5 percent in January.
Regards
Arif's Wholesale Dropship Team
www.top1wholesaler.com
This is top1wholesaler wholesale and drop shipping team. We speacialize in many different Electronics Market Related Issues. Our main services include
wholesale drop shippers
wholesale & drop ship electronics
wholesale suppliers
wholesale & drop ship mobile phones
wholesale drop shippers
wholesale drop ship laptops
wholesale drop ship
wholesale drop ship company
UK wholesale drop shipping company
wholesale job lots drop shippers
wholesale drop ship gadgets
We are writing this blog with some updates of Eauropean Wholesale Stock Markets.
London's benchmark FTSE 100 index dipped 0.18 percent to 5,630.65 points, in Paris the CAC 40 was down 0.35 percent to 3,931 points while Frankfurt's DAX 30 was flat at 5,936.77 points.
The Stoxx 50 index of top eurozone shares shed 0.27 percent to 2,901.87 points.
"Once again, investors are sitting on the fence, weighing up another batch of mixed economic data and company reports," said Anthony Grech, market strategist at spread-betting firm IG Index
"The situation is mirrored across the Atlantic, where the Dow is at a virtual standstill this week. With continuing downbeat forecasts from economists, politicians and chief executives alike, we could be set for a minor correction before the next upward spurt."
In London, BP shares dropped 0.32 percent to 622.92 pence after the group announced a major deal that will give the British energy giant its first foothold in Brazil.
BP said it will pay US firm Devon Energy 7.0 billion dollars (5.1 billion euros) for assets in Brazil, Azerbaijan and the Gulf of Mexico.
In New York on Wednesday, Wall Street was slightly firmer after data showed a drop in wholesale inventories and rising sales, lifting hopes of economic recovery and improvement in the job market.
The Dow Jones Industrial Average gained just 0.03 percent to 10,567.33 points, after posting modest gains on Tuesday on the one-year anniversary of the start of the market's rebound from its 2009 lows.
Analysts said the market got a lift from a government report which showed wholesale inventories unexpectedly fell, by 0.2 percent, in January. Analysts had expected inventories to rise 0.2 percent.
The report also said that sales by US wholesalers in the first month of 2010 rose 1.3 percent to a seasonally adjusted 346.7 billion dollars.
In Asian trade earlier Thursday, Japanese stocks closed 0.96 percent higher, supported by the modest gains on US markets and by a weaker yen, which is good for exporters, dealers said.
They said investors reacted calmly to government figures showing that Japan's economy is recovering more slowly than previously thought from its worst recession on record.
The world's number two economy expanded 0.9 percent in October-December from the previous quarter, revised down from an initial estimate of 1.1 percent.
Hong Kong and Shanghai stocks ended flat Thursday as investors exercised caution after February inflation data in China renewed concerns of further policy tightening.
China's National Bureau of Statistics said consumer prices rose 2.7 percent year-on-year in February, quickening from 1.5 percent in January.
Regards
Arif's Wholesale Dropship Team
www.top1wholesaler.com
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