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Anidav
Feb 25, 2010

ahhh fuck its the rats again

Solemn Sloth posted:

Good Guys do electronics as well as whitegoods.

I guess but from my vision (brisbane, grain of salt) they're a medium sized retailer. Don't nearly have the same amount of stores like JB or Harvey Norman.

Though Harvey Norman seems to be scaling back its electronics department a bit.

There's also Jaycar I guess but they are more for tradies and such.

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Pred1ct
Feb 20, 2004
Burninating
DSE didn't know where it was in the market anymore. They used to be an electronics/hobby store but Jaycar has that market now. They tried to move towards consumer electronics but JB was already established by then and undercutting everyone on price.

Synthbuttrange
May 6, 2007

Cant even text the right person mister speaker

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Retravision was another one that hosed up massively too. Australia just seems to naturally drift towards a mono/duopoly because the competition always fucks up on management level and the consumer naturally drifts towards the lower prices which is towards the establishment.

Anidav
Feb 25, 2010

ahhh fuck its the rats again

Pred1ct posted:

DSE didn't know where it was in the market anymore. They used to be an electronics/hobby store but Jaycar has that market now. They tried to move towards consumer electronics but JB was already established by then and undercutting everyone on price.

They wanted to be both because they were merged with Tandy stores so you had fragmentation on a store to store basis where some stores would be consumer electronics and others would be cable and connection suppliers.

They were designed to be hosed.

fiery_valkyrie
Mar 26, 2003

I'm proud of you, Bender. Sure, you lost. You lost bad. But the important thing is I beat up someone who hurt my feelings in high school.

Anidav posted:

DSE is basically hosed unless the old man himself buys it back.

They're hosed already. They weren't paying suppliers pre-Christmas, which is a good indication that they dont have enough operating cashflow and were close to (or possibly already) insolvent. My money is on a bankruptcy announcement on Wednesday.

Synthbuttrange
May 6, 2007

Sucks to be those investors.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
*dips hand in Dick Smith peanut butter and sucks on fingers*

Take it from me kid, 77c a share is a bargin! They'll bounce back kid, they'll bounce back.

ewe2
Jul 1, 2009

Graic Gabtar posted:

Who could have predicted digging poo poo out of the ground would not lead to gold paved streets!?!

15 months out is a bit early though. The real problem is that they have no idea how to generate any other revenue and no money to fund the infrastructure because neoliberal toys (and profits flown overseas).

DAAS Kapitalist posted:

This might have been posted here before, but this article on the shady stuff that went on after Woolworths sold Dick Smith is really interesting.

https://foragerfunds.com/bristlemouth/dick-smith-is-the-greatest-private-equity-heist-of-all-time/

Anatomy of pump-and-dump, that's breathtaking. Note how useful it is to be a private equity firm, no public statements of your workings required, so you can sound believable in your bullshit. They really exploited the inventory brilliantly.

Yeah Tandy got swallowed by DSE on order of Big W which destroyed the retail electronics market because they gutted the inventory, until Jaycar picked it up. Tandy had brilliant people who nursed the retail market, Jaycar doesn't have that kind of engagement, and never expected to. And now it's too late because the international market on the internet is far more cutthroat on inventory than any retail shop, and so Jaycar are very careful not to over-extend on kits etc.

DAAS Kapitalist
Nov 9, 2005

Jackass: The Mad Monk

Don't try this at home.

SynthOrange posted:

Cant even text the right person mister speaker

If you made a potato battery out of Peter Dutton's head you couldn't even power a wristwatch. Although according to Israeli scientists, if you boiled him and cut him up into four or five pieces you could get ten times the power. If the Liberal Party weren't so against alternative energy Malcolm Turnbull would be doing this experiment right now.

Cartoon
Jun 20, 2008

poop

ewe2 posted:

And now it's too late because the international market on the internet is far more cutthroat on inventory than any retail shop, and so Jaycar are very careful not to over-extend on kits etc.
This makes dealing with Jaycar (As a wholesaler) really annoying/difficult. Their product range goes in quality from garbage tier to fanfuckingtastic. The only way to find out is to get one in stock. When you find it is a genuinely great product at a phenomenal price point and order in more they are often out of stock and then the product never reappears. I'm told this is a frustration with dealing with Chinese manufacturers in general but that is someone else's problem.

Pidgin Englishman
Apr 30, 2007

If you shoot
you better hit your mark
Well I'll be. All those cheap games were a long con on the bourgeois.

You're a beautiful thing, free market.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Whose about to lay off casual workers? Dick does.

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

DAAS Kapitalist posted:

This might have been posted here before, but this article on the shady stuff that went on after Woolworths sold Dick Smith is really interesting.

https://foragerfunds.com/bristlemouth/dick-smith-is-the-greatest-private-equity-heist-of-all-time/

Wow. Just goes to show you should do a bit of research before buying shares.

ewe2
Jul 1, 2009

Cartoon posted:

This makes dealing with Jaycar (As a wholesaler) really annoying/difficult. Their product range goes in quality from garbage tier to fanfuckingtastic. The only way to find out is to get one in stock. When you find it is a genuinely great product at a phenomenal price point and order in more they are often out of stock and then the product never reappears. I'm told this is a frustration with dealing with Chinese manufacturers in general but that is someone else's problem.

Tell me about it, searching their online web store with keywords is a bloody nightmare. Blaming the Chinese is a cop-out, there's always someone else who has it. Sometimes it's better to rock up to a store and ask. If I haven't bought it through ebay already.

hooman
Oct 11, 2007

This guy seems legit.
Fun Shoe

gay picnic defence posted:

Wow. Just goes to show you should do a bit of research before buying shares. are almost exclusively a means of redistributing wealth from the middle class to the ultra rich.

FTFY.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
My brother keeps on telling me to invest in BHP shares because it'll secure my future.

Synthbuttrange
May 6, 2007

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Well he hasn't mentioned it in a few months. Maybe due to November lol.

I was thinking of playing around and buying a small amount of iinet shares but they got bought up by TPG last I heard.

Graic Gabtar
Dec 19, 2014

squat my posts
Who knew Anidav has such a passion and a well of knowledge for defunct (or near defunct) electronic chains!

I've tried Jaycar for one of my nerdy hobbies and I've basically given up on them. The biggest challenge as a hobbiest is finding out what they have. And small purchases are a killer. Although I'm ashamed to admit it I use eBay pretty much 100% now. It seems sellers are much more incentivised to articulate what they have, eBay's search isn't too bad and you can buy across many sellers at minimal cost.

Buy at minimal cost your own peril though. You get what you pay for so quality can be hit and miss. There are now a lot of Autralian based e-stores that front Chinese manufacturers now so quality can be less of a problem once you find some of them. I always buy from another state as I've found some suppliers get very aggressive if you complain as they don't want negative eBay feedback. I don't want them landing on my doorstep.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Yeah, I sure love defunct electrical goods. haha...

gay picnic defence
Oct 5, 2009


I'M CONCERNED ABOUT A NUMBER OF THINGS

Graic Gabtar posted:

Who knew Anidav has such a passion and a well of knowledge for defunct (or near defunct) electronic chains!

I've tried Jaycar for one of my nerdy hobbies and I've basically given up on them. The biggest challenge as a hobbiest is finding out what they have. And small purchases are a killer. Although I'm ashamed to admit it I use eBay pretty much 100% now. It seems sellers are much more incentivised to articulate what they have, eBay's search isn't too bad and you can buy across many sellers at minimal cost.

Buy at minimal cost your own peril though. You get what you pay for so quality can be hit and miss. There are now a lot of Autralian based e-stores that front Chinese manufacturers now so quality can be less of a problem once you find some of them. I always buy from another state as I've found some suppliers get very aggressive if you complain as they don't want negative eBay feedback. I don't want them landing on my doorstep.

I've more or less given up on going to stores for specialty stuff. The markups are huge compared with online, and thanks to the proliferation of niche forums there is so much free info on just about any topic you can think of out there that you don't need to go to a shop for advice. I appreciate that it sucks for traditional businesses, especially if they aren't part of a larger chain but at the same time I don't feel obliged to spend twice or three times as much of my quite limited supply of money just to keep someone's business afloat.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Ebay is pretty good for cables and such these days but for larger goods such as TVs, Apple/Roku/Android app boxes and sound setups. Going in person is best to check for quality.

Buying in person is another story as trying it in a store and buying it online is the smart thing to do.

Birb Katter
Sep 18, 2010

BOATS STOPPED
CARBON TAX AXED
TURNBULL AS PM
LIBERALS WILL BE RE-ELECTED IN A LANDSLIDE

Anidav posted:

Buying in person is another story as trying it in a store and buying it online is the smart thing to do.

That's such a loving scummy thing to do. If you're going to do that pony up the extra cash to pay for the store you went to and the staff time you used. Otherwise do your research and buy online.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
There is nothing wrong with going out and seeking your own impressions.

Elector_Nerdlingen
Sep 27, 2004



Birb Katter posted:

That's such a loving scummy thing to do. If you're going to do that pony up the extra cash to pay for the store you went to and the staff time you used. Otherwise do your research and buy online.

Is this also true of buying something in a different store because it's cheaper there, or does it only apply to buying online?

EXAKT Science
Aug 14, 2012

8 on the Kinsey scale

Anidav posted:

Yeah, I sure love defunct electrical goods. haha...

lol

PaletteSwappedNinja
Jun 3, 2008

One Nation, Under God.
Peter Dutton Looks Like A Toe

ewe2
Jul 1, 2009

Birb Katter posted:

That's such a loving scummy thing to do. If you're going to do that pony up the extra cash to pay for the store you went to and the staff time you used. Otherwise do your research and buy online.

Some things you can't just buy online sight unseen. I'd love to buy shoes online but I'm too wary of getting the wrong size. I bought a bass guitar online which was a very scary thing to do, but I did my research first and I have bought (and continue to buy) musical equipment online as I do my research.

Having said that, I'll probably go to a guitar store and play stuff anyway because no amount of youtube videos helps you with an actual object you need to be comfortable with for years, and that applies to many things. And big surprise: people have always tried-and-not-buyed. The word of mouth might be more valuable than an immediate sale, you'd be surprised.

Graic Gabtar posted:

I always buy from another state as I've found some suppliers get very aggressive if you complain as they don't want negative eBay feedback. I don't want them landing on my doorstep.

The whole feedback thing is a trap for both sides of the transaction to satisfy some dumb ebay exec's stats. How is it useful to have to say 5/5 out of everything on every drat transaction, how does that serve anyone? And blaming me for the feedback mechanism guarantees I'll never buy from a vendor, I skip any shop/item that makes a fuss about it in their blurb, I've got no time for that bullshit and neither should vendors, who should be telling ebay to pack it in.

Birb Katter
Sep 18, 2010

BOATS STOPPED
CARBON TAX AXED
TURNBULL AS PM
LIBERALS WILL BE RE-ELECTED IN A LANDSLIDE

AlphaDog posted:

Is this also true of buying something in a different store because it's cheaper there, or does it only apply to buying online?

As long as you're keeping money in the economy if you're wasting the time of people working in the economy then that's cool. Using a shop as a try before you buy online thing is exactly the sort of poo poo that gives businesses the justification for poo poo like GST on all imports etc.

Back on topic:

Solemn Sloth
Jul 11, 2015

Baby you can shout at me,
But you can't need my eyes.
I'm sure the store will really appreciate your word of mouth when you tell all your friends you could just go to the store to test out the merchandise and then leave without purchase to buy online.

I would blow Dane Cook
Dec 26, 2008
Immigration Minister Peter Dutton has accidentally sent the number 25 to a journalist. He had intended to send it to himself for safekeeping.

The journalist in question, who did not wish to be named, said it was offensive to see a Government Minister’s IQ in your inbox. “It’s pretty ugly,” she said this morning.

Mr Dutton said he often forgot his IQ, and wanted to have it at hand to quote in cabinet and departmental meetings. “I always get the five and the two mixed up. So sometimes I think it’s 52!” he laughed.

The mishap echoes a similar incident in 2008 when then Prime Minister Kevin Rudd purposely leaked his IQ to journalists. He later said he was disappointed there were not enough characters available in an SMS.

DAAS Kapitalist
Nov 9, 2005

Jackass: The Mad Monk

Don't try this at home.

AlphaDog posted:

Is this also true of buying something in a different store because it's cheaper there, or does it only apply to buying online?

If they don't have a demo model of the item you want - providing demos is expensive. Going to a full service store to try a tech item then buying from a box shifter like MSY isn't much less scummy than buying online.

Cartoon
Jun 20, 2008

poop
As a specialist retailer I want you to come into my shop for what ever reason you may have even if it is to try before buying online. Once I have you in my shopping environment I might be able to tempt you with any number of other items that you couldn't be arsed buying online. You may also come to me to service your online purchases. Footfall is everything in bricks and mortar retail and if we present a more welcoming and less 'scary' environment than online vendors who get shirty about comments we will steer your business back off line.

Unfortunately most online purchasers seem to embrace the 'never leaving home again' side of the online world and once lost to the convenience of home shopping never return to bricks and mortar, even to try before online purchase.

Sports bet odds on Dutton making it to the next election as a minister? Now that could be a sound investment!

NPR Journalizard
Feb 14, 2008

Anidav posted:

Well he hasn't mentioned it in a few months. Maybe due to November lol.

I was thinking of playing around and buying a small amount of iinet shares but they got bought up by TPG last I heard.

Dog your research on tls before you buy anything. They sure as poo poo aren't going broke anytime soon, and pay good consistent dividends.

Zenithe
Feb 25, 2013

Ask not to whom the Anidavatar belongs; it belongs to thee.
Is the whole "coward punch" thing trying to be a thing again? Noticed a heap of posters this week, and now big news coverage on some poor fella who got king hit.

I would blow Dane Cook
Dec 26, 2008

Frogmanv2 posted:

Dog your research on tls before you buy anything. They sure as poo poo aren't going broke anytime soon, and pay good consistent dividends.

Chris Kenny account spotted.

Anidav
Feb 25, 2010

ahhh fuck its the rats again
Never dog your mates

Birb Katter
Sep 18, 2010

BOATS STOPPED
CARBON TAX AXED
TURNBULL AS PM
LIBERALS WILL BE RE-ELECTED IN A LANDSLIDE

Zenithe posted:

Is the whole "coward punch" thing trying to be a thing again? Noticed a heap of posters this week, and now big news coverage on some poor fella who got king hit.

Yeah, they're playing it hard. Kid is dead now too.

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ewe2
Jul 1, 2009

Birb Katter posted:

Yeah, they're playing it hard. Kid is dead now too.

Gotta wipe out that reminder that we're being governed by emotional 13yo's fast, let's talk about punching on instead.

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