Thursday, June 08, 2017

Stores charge the same price for the same product, but describe them differently

I asked my staff to compile the prices of 50 baby milk powder under 5 brands sold at Fairprice, Giant, RedMart and Sheng Siong.

Here are the findings.

Fairprice and Giant describe the same products differently. My staff had a difficult time to match the products. He finally managed to identify the same products, which were described differently.

The finding - Fairprice and Giant and Redmart charge the same price. There are a few products where one party charge a lower price - under Promotion. Sheng Siong has only a few products.

Perhaps they were required to charge the same price by the supplier.

Sorry. The parents in Singapore will have to pay much higher prices than those in other countries.

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