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How does plal make any money?

Run4TheCup

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I understand it has to do a little with the exchange rate but can someone enlighten me?
 

James Bond

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By selling things?
 

grimslade

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They're in Malaysia and have low overhead, so they can get away with narrower margins. Figure most retailers like Barneys are marking up by at least 100%.
 

bdeuce22

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they probably do not have to combat import taxes like we do in the US
 

Spatlese

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Agree with the points above. A previous post and photos by member neyus may also add some more colour on P.Lal's operation: http://www.styleforum.net/showthread.php?t=57159

They've been in business a long time and are great to deal with, so figure they are doing something reasonably well.
 

justsayno

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shoes have a high markup, so there's naturally a bit of room for price setting. long time retail customers like plal probably have a good relationship with the shoemakers and probably get more discounts for their inventory.
 

w.mj

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Also, no duty. The package my shoes were in came marked, from plal, with what one might call a generously low estimate of their value.
 

gnatty8

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I can tell you one thing, that however they do it, they make a lot of it from me..
 

Marcus Brody

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Question: What currency are the prices on the website listed in? I imagine Malaysian ringgits as that's where the website is based and the sign is $M, but then the prices just seem too good...

Edit: Nevermind, I found the answer on their forums. Wow. I'll be considering some Loake's or C&J's next time I'm looking for a quality pair of shoes.
 

gnatty8

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Originally Posted by Marcus Brody
Question: What currency are the prices on the website listed in? I imagine Malaysian ringgits as that's where the website is based and the sign is $M, but then the prices just seem too good...

The prices are indeed, ringgits.
 

MetroStyles

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So, honest question - why would anyone buy shoes anywhere else?
 

Concordia

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Originally Posted by MetroStyles
So, honest question - why would anyone buy shoes anywhere else?


Can you honestly say that you know your size in every last and style?
 

bdeuce22

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Originally Posted by MetroStyles
So, honest question - why would anyone buy shoes anywhere else?
you could buy from pediwear in the UK that does a price match i believe, but as for buying CJ in the US, i sure as hell wouldn't. with today's exchange rate you could get Handgrades for a shade over $400 USD at Plal as opposed to $725 USD + any sales tax in the US.
 

MetroStyles

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Originally Posted by Concordia
Can you honestly say that you know your size in every last and style?

Great point - I guess I would be okay with using their one-time free exchange policy to learn my exact size. I also assume that their forum and tendency to have long e-mail exchanges before selling would help determine size if there was confusion. It just seems like an excellent seller. I never knew these shoes could be had for these prices.
 

randallr

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Yeah, I need to buy some stuff from them.
 

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