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Old 05-27-2006, 11:51 AM   #1  
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Default Stampin up exchange rate question?

Has anyone (demo's most likely) heard if Stampin Up will be using a better exchange rate for Canadians in the new catalogue? I'm very curious to see.

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Old 05-27-2006, 12:03 PM   #2  
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no announcements as of yet, as far as I know.
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Old 05-27-2006, 12:33 PM   #3  
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Me too. The rate, as it stands now, is about 30%. I certainly hope SU brings their rate closer to what the real rate is. Otherwise I may be ordering in American dollars, if that's even possible.
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Old 05-27-2006, 01:44 PM   #4  
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THe exchange rate in comparison is CRAZY!!! I don't even want to go there...lol:rolleyes:
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Old 05-27-2006, 03:37 PM   #5  
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I would love to order in US dollars. I still have a US bank account and a US credit card from the 4 years we lived there. I don't think it is possible though.

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Old 05-27-2006, 03:46 PM   #6  
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Demos aren't allowed to sell to customers out of country, just so you know. I would love to be able to sell to some friends in Canada and UK!
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Old 05-27-2006, 03:50 PM   #7  
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I knew about having to buy from a "local" demo, but what I would like to be able to do, if the exchange rate isn't favourable, is to buy using the US dollar amounts in the American catalogue.

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Old 05-27-2006, 08:41 PM   #8  
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I would be very surprised if SU changed their Canadian pricing system. Canadians pay a premium over and above the current exchange rate. It is easy to roll back when the exchange rate changes but harder to increase prices.
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Old 05-28-2006, 03:50 AM   #9  
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The price difference between US and Canada does not only reflect the exchange difference, but also the cost of doing business in a different country. It looks like prices might come down slightly, but I wouldn't expect a large difference from indications we have received from SU.
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Old 05-28-2006, 07:11 AM   #10  
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Using the exchange rate I just got a minute ago at XE.com, this is the comparison:

Any background stamp:

Cdn price in Cdn dollars: $24.95
equivalent in Amer. dollars: $22.55

or from the Amer. catalogue for same stamp (I think this is the price you all have mentioned). $16.95, we would pay $18.76 in Cdn dollars at the current rate of exchange. Big difference.

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Old 05-28-2006, 07:14 AM   #11  
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This is why a lot of Canadians buy from ebay. Even with shipping added, it often comes to LESS than buying it from our demos, which is unfortunate.
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Old 05-28-2006, 10:00 AM   #12  
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It is quite unfortunate. I love buying from my demo, but when Americans are paying $60 for watercolor crayons, and we're paying $90, that's just too huge of a difference for me! I can't justify buying them.
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Old 05-28-2006, 10:01 AM   #13  
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Or the markers...
$120 American
$182 Canadian?!?
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Old 05-28-2006, 10:52 AM   #14  
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Quote:

Originally Posted by deb_loves_stamping
This is why a lot of Canadians buy from ebay. Even with shipping added, it often comes to LESS than buying it from our demos, which is unfortunate.
Not only is it less, but it can be less than what a demo would pay with the 20% discount here! I've calculated a few sets and they have worked out to be less than what a demo would pay! Crazy.
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Old 05-28-2006, 11:01 AM   #15  
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The difference in pricing made sense when the exchange rate was up there around $1.5 or even 1.3 but now with it at 1.1 I think SU is making a pretty good margin on it's Canadian business.
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