How much is that in Pretentious?
Ernie and Bert wandered into a store in Greenbelt 5, Makati. It had some interesting benches for sale. When they looked at the tags, they noticed that the prices were in US dollars.
“Why are the prices in dollars?” Ernie asked.
“Because we’re a multinational company,” the salesperson said, in a tone that attempted but did not achieve haughtiness. If there’s one thing worse than snootiness, it’s fake snootiness.
“Louis Vuitton is a multinational company, but their prices are in pesos,” Bert pointed out.
The salesperson was still thinking of a retort when Ernie and Bert left.
If you have nothing to do this long weekend, why not drop by that store and ask why their prices are in American dollars? Then hit them with these follow-up questions:
Bakit sa Hermes, pesos?
Bakit sa Prada/Gucci, pesos?
Bakit sa Diesel, pesos?
Bakit sa Levi’s, pesos?
Bakit sa Body Shop, pesos?
Bakit sa McDonald’s pesos?
Answers to questions you might be asking, unless you wandered onto this site purely by accident >>>
June 11th, 2010 at 15:03
can i set up a black market currency exchange counter in front of the store?
June 12th, 2010 at 23:46
If someone does pay in dollars, cash, will they able to give the exact change?
June 15th, 2010 at 11:22
I live in region 8. I go to Cebu twice a year mostly, but during the last five months I’ve been able to visit almost every weekend. It means I was able to enter most shops in SM and Ayala. Last weekend was my first time to enter a shop called Res Toe Run. Most of their products do not have price tags. Do they subscribe to the snooty and out of touch with reality notion “if you have to ask for the price, you probably can’t afford it”. And oh it is also a very ignorant notion with regards to Philippine laws. It is illegal not to put price tags on products, Price Tag Law under RA 7394.
June 16th, 2010 at 10:24
i think the store does that to eliminate forex risk. by not pegging their prices to the prevailing rate at the time of their purchase, they make sure that any profit they make will not be diminished by any forex loss resulting from unfavorable fluctuations. while that’s a wise move, i’m not sure if it complies with DTI regulations.