We all know that shopping online can bring many benefits, the main reason of course being the amount of savings to be had. Still, before you proceed to your checkout, here’s something all of you should know. There are differences in pricing even when shopping online, which could be due to fluctuations in the exchange rate as well as differing shipping costs. In other words, do your research before you hit the checkout button for the best possible deal.
Here’s a quick comparison based on the ever-popular Alexa, and how much it will cost you if you were to buy it from Mulberry online (UK), Net-A-Porter (UK), SSENSE (Canada) and Eranzi (Malaysia). The bag in question is the standard Alexa in buffalo leather, and final prices include shipping to Singapore and 7% GST.
Over at Mulberry and Net-A-Porter (based in the UK), the Alexa sells for GBP795 a pop. Shipping is little bit more over at Mulberry (GBP28 versus GBP21), so after shipping and 7% GST, they will cost you SGD1789 and SGD1773 respectively.
On SSENSE (headquartered in Canada), the bag sells for USD1200, with shipping to Singapore at USD50. After GST, it will set you back by SGD1759. At Eranzi (based in Malaysia), the bag costs SGD1643, inclusive of free international shipping, but with GST tagged on, it will still cost you SGD1758.
It may not seem like a lot, but if you do your research religiously for all your online purchases in a year you’ll definitely save a bundle. Maybe not enough for another bag, but maybe a SLG. Don’t forget to look out for promos as well, which include free shipping, discount codes and special offers which would make a huge difference to the final price you pay.
And in case anyone is wondering, the Alexa costs SGD1960 locally, SGD202 more than the next most expensive option. Yes, it does cost more, but it is a small price to pay for someone to attend to you in person, answer your queries and provide immediate after sales service.