ceejay80s:
Op, so if dollar fall, na phone be ur problem? U no even talk about food items....
Nigerians sef

ur problem is not my problem

samirnasri:
but if dollar goes up, they wont hesitate to increase the price instantly even when they still have enough old stock. Humans sha

I understand your plight quite well. But for instance as a phone dealer you buy a phone for 30k and sell for 33k and while you have that stock the dollar goes up and your supplier now sells for say 34k by the time you exhaust your stock which you got for 30k and sold for 33k how do you get the extra 1k to buy new stock at 34k. Its easier to condemn from the outside but once you are involved in business like this then you would understand better.

adedayourt:


Well u may be right but I need u to understand it dis way.

Replacement Cost

RC in simple English is the cost at which a retailer replenish his stock, now if he buys Batch A at #50, he ll probly sell at #60 nd make a profit of #10

But while Batch A is still in stock der is speculations that prices already increases to #70.

From that info, if he continues to sell left over of Batch A at old price, it implies he won't be able to re-stock wen Batch A is out even togeda with he profit.

This is where replacement cost cones into play.

Therefore it is normal for the retailer to change the price of Wat is left of Batch A to the currently avail info regarding increase in price just to accommodate subsequent replacement. This is because he ll replace at the increased prices.

tried to do without dos accounting/finance term to aid easy understanding of how it works

Cheers

Thanks. People dont understand this concept .

Another thing that can affect the prices of good to fall is expectation. If people stop patronising phone with the expectation that the price will fall it will definitely bring down. The

Jodforex:
Sure prices of most mobile devices will definitely drop. Infinix dropped prices of most of their device last week, same with tecno and hopefully by nextweek a new price will be rolled out again.

What you guyz need to know about mobile phone company and price is that there is a regulatory body that monitors the price dealers, sub-dealers and even key retail stores sell. Selling below or above a particular range without approval might get you de-licensed to sell their product.

What most people do now in other to sell off their products, they give a form of discount to the customer, but the reciept will bear the actual cost of the items the customer purchased.

The category of people that will get their fingers burnt as a result of the appreciation of naira over dollars are

- Those people that bought phones in large quantity and stocked when dollar was quite high

- Some sub-dealers

- Retailers

Dealers of major phone brand mostly get rebate from the company that will help cover the loss from the rate they purchased to the new lower rate. Some sub-dealers and retailers are left to bear their losses.... business is indeed a big risk

Good analysis bro

There must be stability first in the exchange rate without continuous CBN interventions. If it remains steady like Western union rate has been at 375 then surely prices will go down. The market forces of demand and supply will do that. Those who remain high will not sell as their neighbour drops and so on. Except dem get union...

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Until new stocks arrive you can't see changes . It is what people buy that they will sell first & nobody want to sell at a loss . Let us pray that naira value will keep appreciating so that we can come out of hardship fast .

We pray it does, I want to. Ur a Tecno phone

i see ipods crying already

asuustrike2009:

Until the old stocks are sold and new ones come in it wouldn't. If all things being equal, the price of dollar to naira reduces or remains constant, then the price of phones will

But a lot of them sold their old stock for higher prices when dollar went up nah

skyhighweb:
but happens if one shop sells faster will they now wait for the others tto sell abi kini

You will have to wait until d importer change his price

When have you seen the price of goods go down in Nigeria? The rules of demand and supply don't play here

chuks34:
Pls guys am in a delima abt a good phone to buy, who can recommend a good phone dat won't be hanging like my last phone, am having 30k pls epp

Ulefone Tiger phone from Aliexpress is 30400 but if yu order from useless Jiji it was 56k and jumia own will be higher

Javalist:
Most of these phone sellers are greedy.. The best way to save yourself some hassles is to get a Dollar card loaded with BDC Dollar (now N365/$) and order for these phones directly from AliExpress, Amazon or Ebay. You'll get them a lot cheaper there since they directly with Dollar.

Please educate me on how it's done. I really want to try it.

Cousim:
365# sef is too much.. combine 1,2 or 3 Gtb MasterCards, u will be charged 320/$

PLEASE educate me. I'm interested in how to do it.

Abeg

I pray it does so I can get the PhonePad 3

While you are waiting for old stocks to finish before you wil start selling it at the reducing price,i wil cross the other side and buy it there...cos some one just open new shop there.:-DB-)

asuustrike2009:

Until the old stocks are sold and new ones come in it wouldn't. If all things being equal, the price of dollar to naira reduces or remains constant, then the price of phones will

very soon,,, wetin concerns me self

opeyemix:



Guy just go for
Oukitel u20 I prefer buying it on banggood bcus of their fast customer service

Or

INFINIX NOTE 3 Look for someone that wants to sell the second and. U shud be able to get it on jiji or olx.

please where can I get DAT oukitel

Cuteamigo1:

no but I believe business men and women owe it to thier customers to sell goods to them at a fair price and not to take advantage of them.

True

And dats y every customer has d oppurtunity to do a marker survey bfor settling for the best price he can afford.

Every seller has personal nd varying "cost to sell" dey factor bfor arriving at their selling price

adedayourt:


True

And dats y every customer has d oppurtunity to do a marker survey bfor settling for the best price he can afford.

Every seller has personal nd varying "cost to sell" dey factor bfor arriving at their selling price

well said.

Don't expect that much fall in price. 350 to a dollar is still far from where it used to be. If you're still dreaming about the era of 2,500 for Nokia torch, then let's hope naira comes back to 200 for a $ or less... just like b4

Cousim:
365# sef is too much.. combine 1,2 or 3 Gtb MasterCards, u will be charged 320/$

Please how do i combine 2 or 3 gtb masterCards. Thank you

Cousim:
365# sef is too much.. combine 1,2 or 3 Gtb MasterCards, u will be charged 320/$

Please enlighten me, how do you make one payment with separate cards on sites like AliExpress or Ebay?

jazinogold:
can dollar card b loaded by bdc? and which bank will gv u dollar card without you having a dorm account?

Yes sure, go to the streets and buy the dollar (365/$) then take to the bank and deposit in your Domiciliary account when you already have one.

CarlosTheJackal:
i have a Techno R7 in perfect working condition for 18k. It has a 2gig RAM and it has never hanged.



PM me

is the phone still available

thebadmus:
Ulefone Tiger phone from Aliexpress is 30400 but if yu order from useless Jiji it was 56k and jumia own will be higher

all this online stores can charge higer sha

gmajor10:


Sony Xperia M4 Aqua, dust n waterproof. 2gb ram, 16 GB available for for 38k

wow very cool
but will the water proof be reliable cause we they enter rainy season so o

CarlosTheJackal:
i have a Techno R7 in perfect working condition for 18k. It has a 2gig RAM and it has never hanged.



PM me

sorry bro. i wan buy tear carton

opeyemix:



Guy just go for
Oukitel u20 I prefer buying it on banggood bcus of their fast customer service

Or

INFINIX NOTE 3 Look for someone that wants to sell the second and. U shud be able to get it on jiji or olx.

bro i want a tear carton phone o, nd nerver hear of banggood

chuks34:
wow very cool
but will the water proof be reliable cause we they enter rainy season so o

You can check it online for the specs, and also check out videos of the m4 aqua

gmajor10:



You can check it online for the specs, and also check out videos of the m4 aqua

ok thanks