Wednesday, September 9, 2009

Euro rises to the highest point this year



Not to good news for those dealing with Europe.

The Euro has risen to the highest point this year and it looks that will go even higher.

Today the interbank exchange rate was 1.46 what means that for regular people like us, it costs $ 1.49

In March, the time of pre-ordering Trains from the new items programs the Euro was 1.25 per US Dollar. Today we have a 20% increment on cost only for exchange rates.

Now, some of the Manufacturers want to increase prices starting in October 1st. 2009. If this is allowed, I believe that it will be more than one Marklin or Faller falling to bankruptcy as Collectors can not keep paying these very high prices for a non indispensable item like Train Toys and accessories for them.

Collectors are starting to be tired paying the mistakes of these Corporations that have to rise prices to pay for their mistakes and their bad policies marketing their products.

Let's fight for Universal Prices and Dealer Direct programs with Factories and avoid the middle man by eliminating Distributors that today, in this electronic World, are not needed any longer.

We are battling the increased cost by lowering as much as we can the mark-up, just to the point of be afloat and pay expenses.

We will continue to mark-up our new arrivals as low as possible. You can easily test our prices on Preiser, for example, that were received today, against any Dealer you like based in USA or Canada. You will see the wide margin we have with them being our prices sometimes up to 40% lower than the rest of our competitors.

We hope our Government can do something to turn this Country on what we were, a power without any discussion, but as things smell now, we have our doubts.... who know, maybe I'm wrong.

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