Costco, Coming Soon to Australia!

Finally the news we have been waiting for, another competitor entering the Australia retail market. Watch out Coles and Woolies. Costco is likely to open their first store early next year in Melbourne with further plans to build another two in Sydney and on the Gold Coast in Queensland.

This news couldn't have come at a better time with the continuing rise of grocery prices and the unfair monopolization that Woolworths and Coles have had over the the market these last few decades. Costco is more than likely to intensify competition here in Australia. Costco is the worlds 12th largest retailer so there is no doubt over its incrediable buying power and ability to provide consumers with cheaper goods. It will be big stab for Woolies and Coles but will cause even bigger hardship for smaller retailers who are unable to compete with these mega companies.

One interesting thing with Costco, at least in the US and Canada is that in order to be able to shop at their stores, you must pay for a membership. In the US this is about US$50.00. However this membership fee is defiantly worth it as consumers are likely to make back that amount and more in savings on their first shopping experience at a Costco store.

It will be very interesting indeed to see what affect this has on Woolworths and Coles. One thing however is for sure, it is certain win for consumers.

For more detailed information,check out this article.

Free Money! *Highly Recommended*

There are times when i'm completly amazed by how readily available money is in this world. All though this is a hard concept to grasp, unlike oil, money is readily available to those you seek to find it.

I recently signed up to a rewards program, Pureprofile. I generally log on everyday (that's how addictive it has become). Everytime you log on, a page will come up asking you to click the 'Next' button. Everytime you click that button you earn money. Usually there will be a small advertisment above the button. You will also get offers to complete surveys where you will get money for your time. Once you have reached the minimum amount of money, you can select the redemption section where they will transfer your earnings straight into your bank account! Believe me, the money you make accumulates quite fast as I found.

It doesn't cost a cent to join. It is actually free money, for taking a minute out of your day to click a few links! I've encouraged all my friends to join. It's nice to get a little bit of extra cash put into your bank account. Check out the site for more information and to join up.

Pureprofile.

Earn Money with your Website

Make money from your Website or Blog with BidVertiser

If you own your own website that brings in traffic wether it is your own businesses website, a personal website, a website about your hobbies or even your own blog, then it is possible to make money from your site using Bidvertiser.

It's quite simple to get started, just click the link in blue above to take you directly to their site. Sign up and start copying the html or javascript code to your site. The code will put a small text based ad on your page. Everytime someone clicks on that advertisment, you get paid! The good thing too is that the ads are matched with your page content so that they won't look out of place.

Once you've earned a minimum of $10, Bidvertiser transfer the money you've made into your Paypal account, banking account or send you a cheque. I personally have done it on a few of my websites and it's worked quite well. It's nice to get some extra cash to help pay the bills.

Give it a go and let me know how it goes

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Chaos.com Review

I recently purchased season two of Alias (Yes i know lol) on DVD from self described 'leading online entertainment store' Chaos.com. I should probably use another phrase rather than 'recently' as this was 34 days ago!

Okay I have to admit, I was pretty happy with the price ($16.99). Compared with other major retailers like JB HI FI where i've seen the product for just under $30. So in terms of price, i thought i couldn't go wrong. The site claims that it will take 3-4 days to deliever or if it is an ordered item (item they don't have in stock) which was true in this case then it would take up to 10 days.

34 days later, I am still waiting. 34 days i think is abit ridiculous. However i am certain it will take longer which means I will be even more pissed then i am now! I do have to give them some credit though as well as the good price, Chaos have been decent enough to email me to inform me that my product will be delayed as they are still waiting for it to come to their warehouse and that they will notify me once it has arrived. This was three weeks ago, still waiting.... The suspense is killing me.

Not that i am in desperate need of this DVD or anything. This could be just a one off bad experience. They may be great in regard to service and delivery times in majority of cases. Chances are I just got a bad apple. But then again I could be wrong. This could be more wide spread. Would love to hear other peoples experiences with their dealings with Chaos.

On a final note, I shall let everyone know once I finally receive this bloody dvd! Hopefully it won't be too much longer. *Fingers Crossed*

Corporation Greed

This is an older post that I did a while ago which still holds great relevance today.

I recently purchased a brand new 40gb Playstation 3 for $677 (Australian Dollars) from Myers, one of Australias largest department stores. Meanwhile you can get the exact same product in the US for $399 in US Dollars. Now what i quite don't understand is why there is a price different of $277 between the same product when the Australian dollar is almost equivalent to the US dollar. In fact the Australian dollar has never been stronger. Not to mention the economy in Australia has never been stronger and is still showing rapid growth.

Now i know that the retail market in Australia isn't as big nor competitive as it is in the US. But this still shouldn't matter. What i want to know is why Sony are inflating their prices on this specific product by over 50% on the exact same product in Australia when the dollar is almost matching the US dollar? It's not just Sony who does this. The same goes for many other transnational corporations.The obvious solution would be to simply have bought my new PS3 direct from the US from an online retailer such as Amazon.com.

Believe me, i tried doing this only to find that if i did i would be slumped with excessive import and customs taxes. Which i suppose is fair enough as this deters consumers from purchasing outside their own country therefore enabling the retail markets in Australia to remain as competitive as they can without this businesses going completely broke.

But still, this is a question i put to Sony. Why are the prices of your products excessively inflated here while in the US they are significantly lower when the Australian dollar is almost matching the US dollar?

Channel 9's A Current Affair - Regarding Lack of Fresh Fruit & Vegies at the Supermarkets

If anyone watched A Current Affair this week you may have seen a story about how the big supermarkets freeze and keep in store their fruit and vegies for months at a time.

I recently wrote a post about this. I found it quite interesting. Obviously people had complained to the current affairs show about this issue. It's no secret really about what the supermarkets are doing. Just to save some money. How can food be fresh if it is frozen and kept in storage for up to a year?

Here is the link to the video of this story:

http://aca.ninemsn.com.au/article.aspx?id=562689

More Changes to eBay

So, I was just going through eBay when I noticed another significant recent change. Not only am I a buyer on eBay but also a seller. The feedback system that eBay uses is suppose to indicate for buyers and sellers alike the reputation of the other party they are doing the transaction with.

It gives information on how smooth the transaction went, delievery time, delivery costs etc. You can either give neutral, positive or negative feedback to the other party you have trasacted with. BUT, eBay have recently changed this system slightly where if you are seller, you can no longer give the buyer negative or neutral feedback.

Honestly, I think eBay are idiots and have completly lost it. First paypal now this! Firstly I should mention that I don't believe the feedback system is that great. Reputation is everything on eBay. Most sellers now don't leave positive feedback for their buyers until the buyer leaves positive feedback. If the buyer leaves negative feedback, look out! cause the seller will do the same!

I don't quite understand why eBay has changed this so the seller can only leave positive feedback now. What happens if the buyer is abusive, rude, slow to pay or just doesn't pay at all! The only thing the seller can do is just not leave feedback at all. It's win win for the buyer. The buyer can now do what they like. It's sending the wrong message. Buyers can be asses and get away with it and not have to worry about receiving negative feedback yet they can leave negative feedback on the seller and ruin their good reputation when they have done nothing wrong.