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I am all for supporting local brands (air purifier), but please dont take consumers as idiots.
By Happy REIT Investor  •  December 29, 2023
Let's just call it the "Influencer" brand because their advertisement is everywhere on social media. So I wanted to buy 2 x air purifiers. Was thinking to support local brand. Before I placed my order, I decided to check online, specifically Taobao. I dont mind paying 10-20 percent more if the manual is in english, the power plug changed to suit our 3 point sockets. Lo and behold, Taobao is selling the same purifier. It is going for 126 dollars with 3 filters and air freight. If we choose the sea freight option, it's 110 dollars. Whereas if I buy the local re labelled brand. We will be paying 250 dollars after a "massive" 50% festive discount. Add on filter is 65 per piece. . All in all, it will be 380 dollars with 3 filters. I cant even imagine their profit margin reaping off local consumers. Basically buying in bulk from China, put on their stinky brand and mark it up by 3x. Unscrupulous....
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By Happy REIT Investor
A father on career break ( or career suicide) so he can spend more time with the kids and also to refocus his life and career. Random musings ( investment, kids, current affairs, TV shows and what not) of his everyday life as a "full time parent" depending on his passive income to pay for his part of expenses at home. Fortunate to have a very supportive wife ( who by the way prefers me to be at home all the time than to travel for work all the time) and 2 cute kids.
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