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I'm talking about LEGO at the RRP being overpriced
RRP is clearly not too much for some people, just as almost any discount will not be enough for others. If you're suggesting that the equilibrium price is around 80% of RRP, I'm not going to argue, but that's a pretty normal discount for all sorts of retail products, so it's odd to single out Lego
The throughput of that particular charity is of the order of one hundredth of one percent of total production, and not all donations of goods to charities are things which couldn't be sold; CSR and marketing will spend some of their budget on charity.
gbj_tester-
Sorry, missed this.
RRP is clearly not too much for some people, just as almost any discount will not be enough for others.
Well, of course some people can afford it, but with the kind of wealth disparities that exist, that doesn't mean anything for evaluating the price. The second clause in your sentence appears to me to be false for small to medium-sized sets. The larger sets that go for hundreds of pounds remain unaffordable for most people even with, say, a 50% discount, but smaller sets don't. Obviously, again there will be people too poor to afford any sets, but let's just assume as the baseline a low-earning family wanting to buy something for their kids.
If you're suggesting that the equilibrium price is around 80% of RRP, I'm not going to argue, but that's a pretty normal discount for all sorts of retail products, so it's odd to single out Lego
I'm afraid that I consider LEGO overpriced even with a 20% discount applied. I've said before that I don't think it's really a discount, but an added premium to make 20% off appear more attractive.
The throughput of that particular charity is of the order of one hundredth of one percent of total production, and not all donations of goods to charities are things which couldn't be sold; CSR and marketing will spend some of their budget on charity.
One counter-example was all that was required, as your claim that 'there are no warehouses full of unsold Lego' was too strong. :)
Oliver Schick
We seem to be talking at cross purposes here. I'm talking about LEGO at the RRP being overpriced, of course. Vast amounts of LEGO get sold at well under RRP, and very few sets spend their time on the market without being discounted somewhere along the way, often multiple times. If you include heavy discounts in 'different prices', of course you can say the market gets cleared at different prices, but my point was to say that it's overpriced not about discounts but about RRP.
By the way, there is at least one warehouse full of unsold LEGO; some sets that don't sell (and there are some in every year that attract little interest) get donated to charity. We had this last year:
https://www.theguardian.com/society/2020/jul/14/charity-founder-left-in-tears-after-theft-of-lego-bricks-for-sick-children
I think there may be more than one like this, and probably others in other countries, but I can't find them now.