Is everything overpriced?
I have stopped buying jewelry on HSN for this reason. I bought the Victoria Wieck 10.58ctw Color-Change Fluorite ring for $249, tonight it is being sold for $149 and they are still making a profit off of it. I feel like a fool, I feel like I’ve been robbed. Love Victoria Wieck, she sells quality jewelry, but obviously it was way over priced originally. Yes, I was a fool to buy it, I will no longer be a fool.
This isn’t the first time. It’s with everything HSN sells. I have purchased many items only to find that after 30 days that the item is marked down 75% or more.
I no longer buy anything from HSN unless it is an item that I can match the price against other retailers and want to use my HSN card to buy. I find that buying direct from the retailers is a much better deal, lower prices, free shipping, and many even offer flex pay!
Sometimes HSN will offer a few added perks with the item, but beware, do not purchase the computers with the Vtec support, they will try to sell you expensive unnecessary anti-virus software and hold your computer hostage. Do not contact them!
Retail markup, especially on jewelry is high….you don’t want to know how high when it comes to gold or gemstones, lol. For me, I do as others do: put it in my favorites and wait. The only time I don’t do that is if there is a pair of shoes I love and they offer it in a size 11- the chance of it being there when on sale is rare so…… I usually pay full price for them.
Thanks to all of you! Great advice. Yes, unless it is something exceptional I will wait until it is on clearance. Just yesterday a well known name brand item was on sale for half price! I googled it, and the same item was regularly priced at another place I shop for $7 less than HSN’s half off sale price plus they had free shipping which HSN wasn’t offering on this item, so even at half off, I saved $10 buying the same item elsewhere at regular price.
Don’t get me wrong, I love HSN, and sometimes they do offer great deals with the HSN card with their VIP offers. Also, I recently watched an item I wanted go from $50 to $9.95, which is all I was willing to pay, it took a couple of months, but it was a winter item and I knew if it lasted it would get to the right price. No more impulse buying for me.
I’m sure most companies would love to make the biggest profit possible. It all boils down to what people are willing to spend on an item. I, personally, won’t buy fashion or jewelry items at full price unless it’s something I know I will deeply regret missing out on and that’s very rare.
But, yes, as far as fashion goes, I do think HSN is way over-priced. Sometimes I see an item marked way down and think “Wow, that’s a great deal”…then I realize that similar items at other stores start out way less and I think they’re too expensive.
I do get a lot of great deals here though, so I can’t complain.
Yes, it is! consider a few things that hopefully make it more worthwhile… Will you find the item you purchased in a regular department store? Is the item something you really love?
I learned this the hard way too and now my purchases of jewelry are mostly clearance.
Just don’t wait for the under 5-10 are left or the item you order will be someone’s return and it may arrive in not great condition or be damaged.
Today I did buy a non clearance item because of the 20 percent off coupon that saved me an additional $25.00. If it weren’t a more unique piece, then I would have waited for clearance.
Look around at other sites and maybe you will find lower costs, or wait for the clearance price on the items here that you like. Best of luck!
I think most of their items are overpriced. In the past I bought a lot of jewelry at HSN but I hardly ever do that now. I love shopping but I have learned to become practical. If I see an item that I really want, and I can part with my money, I will still buy it. But if I think it is way overpriced I skip it. Lesson learned for me.
Myra I understand your feelings. Like PT Barnum said, there is one born every minute. That is why I put things I love in my favorites and watch them. I never buy anything right away. If I am to have it, it will come down In price and be in my size. If not, then I shouldn’t have It in the first place.
It’s about the almighty dollar with everyone that sells these days but that doesn’t mean we have to fall for it. Good luck.
Mark up at retail prices is usually 50% of cost. It’s just standard practice.
You should see what things sell for at the outlets! I know that the items are either returns or overstock that did not sell on-line, but the mark-up in retail is sickening at times. Keep it in perspective though, HSN would not be in business if they were the only one doing it – it is what the market will bear.
Posted in Jewelry
04.14.17 7:36 PM