Seeing how we're being charged a 23% premium for the Glo in Australia, I was curious what Kobo was charging for the Glo around the world.
The base Canadian retail price is CA$130 at Indigo.ca
Kobo's Australian distributor, Collins, is pre-selling the Glo at AU$160.
The retail equivalent price FX calculation is: CA$130 x 0.979087 = AU$127.291 (AU$130)
Collins (in AU$): $160-$130 = $30 premium, or 23%
Note: for the sake of smoothing out the FX rates (and the comparision), we'll peg the local equivalent at AU$130, or parity with the Canadian retail price.
Of note is that Collins did have a one-day price reduction on their pre-orders to AU$127.50, which is the local equivalent retail price.
I'm using xe.com for the FX rates.
The base Canadian retail price is CA$130 at Indigo.ca
Kobo's Australian distributor, Collins, is pre-selling the Glo at AU$160.
The retail equivalent price FX calculation is: CA$130 x 0.979087 = AU$127.291 (AU$130)
Collins (in AU$): $160-$130 = $30 premium, or 23%
Note: for the sake of smoothing out the FX rates (and the comparision), we'll peg the local equivalent at AU$130, or parity with the Canadian retail price.
Of note is that Collins did have a one-day price reduction on their pre-orders to AU$127.50, which is the local equivalent retail price.
I'm using xe.com for the FX rates.