US vs UK pricing

[Mr.Meerkat]

So...after reading the Vega (UK) pricing thread on this forum and debating about @Ryan_Vickers calculation on the difference of pricing in the UK and the US, I have set out to find out what the actual price difference is across a selection of parts. 

 

Things to note:

- I'll be using actual pricing from 3 retailers in the 2 countries, from the Murican side, we have Newegg, Amazon US and NCIX US (more on NCIX later) while from the UK side, we have Scan, Amazon UK and OCUK.

- Although both OCUK and NCIX US have consistently higher pricing than the other two, the pricing difference for OCUK compared to Scan/Amazon isn't that large whereas for some parts, the pricing difference between NCIX and amazon/newegg is massive, giving a false impression so I have removed NCIX from the calculations. 

- In the EVGA G3 comparison, OCUK does not stock it so I used the GS as an alternative...which is more expensive than Scan and Amazon's G3 so...ermmm...

- The component has to be in stock unless its Amazon and if its not listed at all, the cheapest price fulfilled by Amazon (i.e. can be delivered by prime) will be used

- I'll using actual pricing vs RRP/MSRP as it provides a 'clearer' picture to the actual pricing (differences). 

 

Methodology:

Find the 6 prices

Create 2 averages, one for the US, one for the UK

Change the pricing from dollars to £ for the US average (£1=$1.3 rate will be used)

Calculate the difference (in %), calculation= (1-avgUS/avgUK)*100

Calculate the difference (in %) while disregarding the UK's 20% VAT (which is also known as sales tax)

 

 

Results of the 14 products:

Product:	US pricing (Amazon)	US pricing (Newegg)	US pricing (NCIX) removed from calculation as to me it gives a false impression due to higher than other pricing.	UK pricing (Amazon)	UK pricing (Scan)	UK pricing (Overclockers)	Average US price	Average UK price	US average price in £	Percentage of increase in price (20% VAT included)	Percentage of increase (VAT not included)
WD 1TB Blue 7200RPM	49.99	49.99	66.38	42.7	43.9	43.99	49.99	43.53	38.45384615	11.66127693	-8.338723073
Corsair LPX 16GB 2400MHz	134.99	173.71	164.86	128.97	124.99	143.99	154.35	132.65	118.7307692	10.49320073	-9.506799269
Ryzen 1700	290.89	299.99	329.99	274.39	288.98	289.99	295.44	284.4533333	227.2615385	20.10586208	0.1058620764
i5 7600K	216.89	219.99	289.99	215.71	224.48	239.99	218.44	226.7266667	168.0307692	25.88839606	5.888396058
msi z270 gaming pro carbon	165.95	174.99	249.99	146.97	147.49	167.99	170.47	154.15	131.1307692	14.93300731	-5.066992689
Asus prime x370-pro	118.99	139.99	224.99	137.04	142.99	146.99	129.49	142.34	99.60769231	30.02129246	10.02129246
Seasonic prime 650 Titanium	149.9	149.9	Not found	159.46	153.98	184.99	149.9	166.1433333	115.3076923	30.59746064	10.59746064
crucial mx300 1TB	287.77	288.99	316.11	235.51	276.49	299.99	288.38	270.6633333	221.8307692	18.04180991	-1.958190088
corsair h100i v2	109.99	109.99	107.99	106.97	119.99	109.99	109.99	112.3166667	84.60769231	24.67040305	4.67040305
nzxt s340 elite	99.99	99.99	99.99	79.1	85.49	94.99	99.99	86.52666667	76.91538462	11.10788433	-8.892115666
212 evo	29.99	29.99	39.99	28.52	26.99	28.99	29.99	28.16666667	23.06923077	18.09740555	-1.902594447
evga g3 550w	79.99	79.99	99.99	78.54	77.99	83.99	79.99	80.17333333	61.53076923	23.25282401	3.25282401
Asus 1080 strix	589.99	599.99	684.99	614.98	575.48	589.99	594.99	593.4833333	457.6846154	22.88163969	2.881639689
EVGA 1080TI FTW3	769	799.99	849.99	799.98	777.98	799.99	784.495	792.65	603.4576923	23.86832873	3.868328732

 

Link to the spread sheet...

https://docs.google.com/spreadsheets/d/1Ld6o2qcD-DDYc6yOH_iku4_k21z6y9raiiKnnRN2xG8/edit?usp=sharing

 

Well the results are pretty conclusive no? (for this small sample anyway, got bored and want bed) Overall, prices in the UK are slightly higher however there are products that are cheaper in the UK such as the WD drive or the LPX or the S340 so...maybe its time that us Brits complained a little less about our pricing compared to the US?  

 

Anyway, its pretty obvious why I removed NCIX pricing from the calculation...I mean that x370 motherboard, its almost $100 more expensive on NCIX than other retailers...

 

Hope you guys find this interesting (cause hey, its always nice to know the pricing difference between countries) and I can continue working on it tomorrow (i.e.later today when I wake up) but please do tell me if you want me to  

 

On a side note @Ryan_Vickers, I know its not quite the 20 product sample you wanted nor is this really conclusive due to the small sample but hey ho, it still visualises how prices in the UK isn't actually that bad compared to the US and how the Vega pricing seems to be an outlier. 

Also this is a really bad time to post this as everyone in the UK is probably asleep and won't see this thread  ah well

 

Disclaimer:

The prices I've used are current prices of 15/08/2017 12:30-01:15am~ BST (GMT+1) so take the results with a grain of salt as ya know, sales and what not. 

[Himommies]

The poor Canadians sitting in the corner

[suits]

We also have a hidden sales tax though, it's lower than your VAT, but it does change the numbers a little. 

[Mr.Meerkat]

Just now, suits said:

We also have a hidden sales tax though, it's lower than the your VAT in the majority of states, but it does change the numbers a little. 

Ah well, pre-sales tax figures are accurate enough anyway (IMO)  

 

3 minutes ago, Himommies said:

The poor Canadians sitting in the corner

Ye...I think us Brits really should be less vocal and give the Canadians and Aussies our spaces...although there are other more expensive countries than you guys...

[vanished]

Interesting.  The last two columns aren't quite what I would have calculated but the data is still clear; the prices seem relatively even across the board.  This is interesting since I'm rather sure that I've seen obscene, unexplainable differences before, but regardless of whether this is a misremembering or if things really have simply improved, the fact is that as of now there doesn't seem to really be a practical difference.  Good news for those in the UK I guess

 

Edit: How I would have done it

 

After seeing this actually can see that some things are still quite a bit different, but it's not where near as bad as I thought, and some things are even cheaper over there, so meh.

[Mr.Meerkat]

13 hours ago, Ryan_Vickers said:

Interesting.  The last two columns aren't quite what I would have calculated but the data is still clear; the prices seem relatively even across the board.  This is interesting since I'm rather sure that I've seen obscene, unexplainable differences before, but regardless of whether this is a misremembering or if things really have simply improved, the fact is that as of now there doesn't seem to really be a practical difference.  Good news for those in the UK I guess

 

Edit: How I would have done it

 

After seeing this actually can see that some things are still quite a bit different, but it's not where near as bad as I thought, and some things are even cheaper over there, so meh.

Hmmmm...I could always just add the part you added into mine...  

 

Anyway, I added the last two columns as I was genuinely interested in the percentage of the difference rather than the actual price difference but hey ho, both does their job and shows that us Brits have it quite nice actually. 

[vanished]

2 hours ago, Mr.Meerkat said:

Hmmmm...I could always just add the part you added into mine...  

 

Anyway, I added the last two columns as I was genuinely interested in the percentage of the difference rather than the actual price difference but hey ho, both does their job and shows that us Brits have it quite nice actually. 

Yeah a percentage difference would be good to have too, I just wasn't sure quite how I wanted to calculate it, and without figuring out what you did for myself I didn't intuitively grasp it so it wasn't helping me  

[Mr.Meerkat]

17 hours ago, Mr.Meerkat said:

Methodology:

Find the 6 prices

Create 2 averages, one for the US, one for the UK

Change the pricing from dollars to £ for the US average (£1=$1.3 rate will be used)

Calculate the difference (in %), calculation= (1-avgUS/avgUK)*100

Calculate the difference (in %) while disregarding the UK's 20% VAT (which is also known as sales tax)

@Ryan_Vickers

Is that not enough?

First percentage cal: (1- averageUSPrice/averageUKPrice)*100, to get the overall percentage difference

Second percentage cal: first%cal-20, 20 as 20% is our VAT 

 

Does it make more sense now?  

[vanished]

1 hour ago, Mr.Meerkat said:

@Ryan_Vickers

Is that not enough?

First percentage cal: (1- averageUSPrice/averageUKPrice)*100, to get the overall percentage difference

Second percentage cal: first%cal-20, 20 as 20% is our VAT 

 

Does it make more sense now?  

I think the issue again is it's just not how I would have done it.   Not that there's a right or wrong way, just personal opinion on how we like to see things represented 

[8uhbbhu8]

*Cries in Canadian*

 

 

I would like to see a bit of a more through investigation into this. I'm interested to see maybe 6 countries from East and West Europe, the US, Canada,  and maybe Australia (cause I always seen then crying too about pricing )

 

20ish products each and maybe 5 retailers that are unique to each country as well as cross border retailers such as amazon, newegg etc.

 

Huge job lol and NO i'm not doing it  

[Mr.Meerkat]

12 hours ago, 8uhbbhu8 said:

Huge job lol and NO i'm not doing it  

Then why did you suggest it!!??  

 

Just because I've done it partially once doesn't mean I'll do it again...