How to calculate a price for the Pyra

[Faust]

I do not understand why we Europeans need to sponsor the shipping costs for the US customers.

US customers do not pay VAT to start with.

This implies that you could keep the price basically the same for both.

With the extra 20% you pay either the VAT in Europe or the shipping to the US.

Then there are also distributors (like ThinkGeek, Ithic.com, GetDigital.de, etc.)

They also want at least 15 - 20% profit (they've got huge shipping costs from Germany to US as well) - which leads to a price of about 500 EUR.

Of course, they won't be happy if I sell it for a lower price as they do - so I would need to calculate with that price as well.

In our scenario, we'd have a final price of about 499 EUR.

I think that you pay the VAT where you buy the product from, in Europe. So even US are going to pay VAT if they buy it from ED, and be sure that the Pyra won't be cheaper on third party webstore. Moreover I rather buy it from ED, because he deserves it and because it will be safer. So you can at least expect to find the same price, as minimum.

 

[Neelix]

I think that you pay the VAT where you buy the product from, in Europe. So even US are going to pay VAT if they buy it from ED, and be sure that the Pyra won't be cheaper on third party webstore. Moreover I rather buy it from ED, because he deserves it and because it will be safer. So you can at least expect to find the same price, as minimum.

That only applies within the EU.  People from countries outside the EU (including people in the US) do not pay VAT when importing from an EU country.

-Neelix

 

[TrashyMG]

I do not understand why we Europeans need to sponsor the shipping costs for the US customers.

US customers do not pay VAT to start with.

This implies that you could keep the price basically the same for both.

With the extra 20% you pay either the VAT in Europe or the shipping to the US.

Then there are also distributors (like ThinkGeek, Ithic.com, GetDigital.de, etc.)

They also want at least 15 - 20% profit (they've got huge shipping costs from Germany to US as well) - which leads to a price of about 500 EUR.

Of course, they won't be happy if I sell it for a lower price as they do - so I would need to calculate with that price as well.

In our scenario, we'd have a final price of about 499 EUR.

Depending on state laws we may have to pay taxes when purchasing from the US reseller. we are also suppose to declare any purchases from online business and be taxed accordingly, but most people don't report those kinds of purchases when filing their tax return forms every year.

 

[Faust]

I think that you pay the VAT where you buy the product from, in Europe. So even US are going to pay VAT if they buy it from ED, and be sure that the Pyra won't be cheaper on third party webstore. Moreover I rather buy it from ED, because he deserves it and because it will be safer. So you can at least expect to find the same price, as minimum.

That only applies within the EU.  People from countries outside the EU (including people in the US) do not pay VAT when importing from an EU country.

-Neelix

Oh, I didn't know it. Still, It will cost the same thing for US customer, here what-if scenarios with UPS shipping:

To France :



Final price: 660€/727$ for a 600€/660$ Pyra

To US:



Final price: 590€/650$ for a 400€/440$ Pyra 

 

[EvilDragon]

When doing those calculations, you should use the actual shipping costs from my shop:

https://www.dragonbox.de/en/content/11-shipping_costs

To France, it's 23,80 EUR standard rate (68,00 EUR Express) and 64 EUR to US (only Express possible).

 

[Faust]

"When doing those calculations, you should use the actual shipping costs from my shop:

https://www.dragonbox.de/en/content/11-shipping_costs

To France, it's 23,80 EUR standard rate (68,00 EUR Express) and 64 EUR to US (only Express possible)."

Well, now I'm quite agree with GinGordon, it doesn't seem fair for us to pay 40€ more. Everybody should pay at least the same final price as item value.

 

[EvilDragon]

You aren't paying 40 EUR more.

VAT is being deducted by the government. It's a tax.

I could ask the same thing: Should I get less payment per unit because YOU have to pay taxes?

 

[Faust]

You aren't paying 40 EUR more.

VAT is being deducted by the government. It's a tax.

I could ask the same thing: Should I get less payment per unit because YOU have to pay taxes?

Of course not! I'm only noticing that GinGordon has half right, but things work that way, so we will put up with it. I was more suggesting to rise up the US price as the European price, but it doesn't seem faire too. So nevermind! Your shipping cost are great.

 

[Tanasinn]

sorry to break the current discussion, but I have a question. So its already a given that the pyra is assembled, but would there be a possible market for an unassembled DIY pyra kit? I figure if you cut the costs of actually putting it together it could be a option for the high-end enthusiast/hobbyists to really dig into the device. 

As for the current topic, think about it guys.. This is pretty much the definition of a homegrown project. sure its gotten popular but there is no way that ED would be able to cover everyone's VAT. That's a really unrealistic request. As to raising the US price to the European price spec, I'm not too sure how that will go over. Though the extra cost might help secure a holding later on too.....

 

[TrashyMG]

sorry to break the current discussion, but I have a question. So its already a given that the pyra is assembled, but would there be a possible market for an unassembled DIY pyra kit? I figure if you cut the costs of actually putting it together it could be a option for the high-end enthusiast/hobbyists to really dig into the device. 

Selling it as a kit would shave only a few dollars of the cost most likely, assuming you are not talking about someone trying to hand populate the components on the PCB which would be out the realm of most people even people with experience with SMD soldering. However like the Pandora, my guess parts would be sold in the shop if someone would be wanting to put one together themselves. 

 

[Urben]

sorry to break the current discussion, but I have a question. So its already a given that the pyra is assembled, but would there be a possible market for an unassembled DIY pyra kit? I figure if you cut the costs of actually putting it together it could be a option for the high-end enthusiast/hobbyists to really dig into the device. 

As for the current topic, think about it guys.. This is pretty much the definition of a homegrown project. sure its gotten popular but there is no way that ED would be able to cover everyone's VAT. That's a really unrealistic request. As to raising the US price to the European price spec, I'm not too sure how that will go over. Though the extra cost might help secure a holding later on too.....

You would save some money, but remember the device is untested then. Well you could let them assemble it, test it, disassemble it and send it to you - for extra money.

 

[Tanasinn]

Yea hand population would be quite difficult.

And Urben you brought up the one thing I forgot about, they would have to test the hardware before bring it out lol my bad. 

 

[Stellanatus]

Shipping 1000 units to US should cost about 800 - 1000 USD.

So that's 1 USD more per unit...

Ah shucks. That puts it over my budget. Oh well. jk =p.

For what it is I would be ok spending $500. Guess I'll just have to purchase a bunch of extra stuff to go with it. Is there a Pyra case drawn up similar to the Pandora case?
 

That but with the Pyra symbol? > https://www.dragonbox.de/en/58-pandora-carry-case-accessories-1.html 

 

[Wrath Of Khan]

It's true what ED said on Twitter that Pyra price is going to be 300€?

That's the intial pre-order sum, full price should be around 600 euros or so.

 

[kingoddball]

It's true what ED said on Twitter that Pyra price is going to be 300€?

That's the intial pre-order sum, full price should be around 600 euros or so.

Is there any indication if the 600euro price point is for the 3G/4G module?

I'm guessing it's not, but does anyone have a guess of how much extra it will be?

 

[Wrath Of Khan]

It's true what ED said on Twitter that Pyra price is going to be 300€?

That's the intial pre-order sum, full price should be around 600 euros or so.

Is there any indication if the 600euro price point is for the 3G/4G module?

I'm guessing it's not, but does anyone have a guess of how much extra it will be?

Not sure; I think I want the 4g model myself. I'd hope for 550 for the regular model and 600 for the 4g option. I'll likely pay as much as 650 for a Pyra but that's about my limit.

 

[God Ginrai]

You aren't paying 40 EUR more.

VAT is being deducted by the government. It's a tax.

I could ask the same thing: Should I get less payment per unit because YOU have to pay taxes?

Of course not! I'm only noticing that GinGordon has half right, but things work that way, so we will put up with it. I was more suggesting to rise up the US price as the European price, but it doesn't seem faire too. So nevermind! Your shipping cost are great.

Americans pay other taxes so that we don't have to pay a tax like the VAT.  Our government is still getting that money, they're just getting it from our income tax, property tax, etc. instead of making people like EvilDragon collect it for them.

-God Ginrai

 

[ibisum]

Then most interesting thing in this thread:

Evildragon said:

And finally: The Pyra is the start.

I hope to be able to produce more devices in the future.

 

[Kumaki]

Ok, 600 EUR is how much in American dollars?

 

[rygD]

Ok, 600 EUR is how much in American dollars?

It depends on the exchange rate at the time of purchase.  I use xe.com to check when purchasing from around the world.