topic Re: Kudos to QVC for doing this every year! in Community Chat

Kudos to QVC for doing this every year!

LilacTree — Sat, 26 Jul 2014 21:44:22 GMT

The vendors donate the items, then the QVC price is 50% off, and 80% of that goes to ovarian cancer research.

I don't think we could ask for more. I'm proud of them.

Re: Kudos to QVC for doing this every year!

terrier3 — Sat, 26 Jul 2014 23:21:22 GMT

I agree.

They really help advertise and promote the event.

And kudos to QVC's audience who sell out in seconds!

Re: Kudos to QVC for doing this every year!

chrystaltree — Sat, 26 Jul 2014 23:25:51 GMT

It's nice of them to give back. I think all of the major shopping channels have their own give back programs.

Re: Kudos to QVC for doing this every year!

Topaz Gem — Sun, 27 Jul 2014 01:47:58 GMT

I think it's a wonderful event and it brings much-needed publicity to ovarian cancer. My only complaint is that items sold out so quickly, that it was a bit frustrating. I did manage to pick up a couple of items that I already use for a good price, so I was happy.

Re: Kudos to QVC for doing this every year!

dooBdoo — Sun, 27 Jul 2014 01:52:23 GMT

I agree with all of you. It's certainly a worthy cause and there are plenty of eyes on QVC. As I said on another thread, it would be great if they could extend it to a longer show and offer more products (and, as Topaz Gem said, come with a deeper inventory so more of their customers could participate).

Last year some sold-out items did pop up again later in the evening, probably due to shoppers who changed their minds, so be sure to check and see if something you wanted is back and available for purchase.

Re: Kudos to QVC for doing this every year!

KathyPet — Sun, 27 Jul 2014 15:24:13 GMT

So let me follow this. The vendor donates the items so QVC pays nothing to the vendor. QVC then sells the item at 50% off suggested retail so a $100.00 item sells for $50.00. QVC then donates 80% of the $50.00 or $40.00 to the charity keeping $10.00 as profit since they paid nothing for it. Not sure why this is so wonderful! Wonderful would be if they donated the entire $50.00 to charity. There are many fund raising efforts for various charities where the entire proceeds are turned over to,the charity.

Re: Kudos to QVC for doing this every year!

terrier3 — Sun, 27 Jul 2014 15:26:07 GMT

On 7/27/2014 KathyPet said: So let me follow this. The vendor donates the items so QVC pays nothing to the vendor. QVC then sells the item at 50% off suggested retail so a $100.00 item sells for $50.00. QVC then donates 80% of the $50.00 or $40.00 to the charity keeping $10.00 as profit since they paid nothing for it. Not sure why this is so wonderful! Wonderful would be if they donated the entire $50.00 to charity.

I don't know if they ever clarified who gets the 20% - whether it is QVC or the vendor or a combination of both.

Re: Kudos to QVC for doing this every year!

Puzzle Piece — Sun, 27 Jul 2014 16:54:30 GMT

Something is something. If it were for all the ladies and their ovaries, the Q wouldn't have the sales it has or even exist at all.

Re: Kudos to QVC for doing this every year!

KathyPet — Sun, 27 Jul 2014 17:11:03 GMT

On 7/27/2014 terrier3 said:
On 7/27/2014 KathyPet said: So let me follow this. The vendor donates the items so QVC pays nothing to the vendor. QVC then sells the item at 50% off suggested retail so a $100.00 item sells for $50.00. QVC then donates 80% of the $50.00 or $40.00 to the charity keeping $10.00 as profit since they paid nothing for it. Not sure why this is so wonderful! Wonderful would be if they donated the entire $50.00 to charity.

I don't know if they ever clarified who gets the 20% - whether it is QVC or the vendor or a combination of both.

The OP,indicated that the vendors donate the items. To me that means They are turned over for free and QVC is not paying for them. Thus QVC is making 20% profit (before their expenses) on each item. If that is incorrect please let me know.

Re: Kudos to QVC for doing this every year!

LilacTree — Sun, 27 Jul 2014 17:16:01 GMT

On 7/27/2014 KathyPet said:
On 7/27/2014 terrier3 said:
On 7/27/2014 KathyPet said: So let me follow this. The vendor donates the items so QVC pays nothing to the vendor. QVC then sells the item at 50% off suggested retail so a $100.00 item sells for $50.00. QVC then donates 80% of the $50.00 or $40.00 to the charity keeping $10.00 as profit since they paid nothing for it. Not sure why this is so wonderful! Wonderful would be if they donated the entire $50.00 to charity.

I don't know if they ever clarified who gets the 20% - whether it is QVC or the vendor or a combination of both.

The OP,indicated that the vendors donate the items. To me that means They are turned over for free and QVC is not paying for them. Thus QVC is making 20% profit (before their expenses) on each item. If that is incorrect please let me know.

Well, you missed a step. First the Q reduces the price by 50%, then they may get 20% of that. That is unless they are lying.

Re: Kudos to QVC for doing this every year!

Wsmom — Sun, 27 Jul 2014 18:27:17 GMT

It is a nice event, but ridiculous the low amounts of items they bring in. It is costing the vendors virtually nothing but giving them great publicity. Unless you've pre-shopped your chances are slim to none to get an item that you really wanted if the first you've seen it is as you are watching the TV.

Re: Kudos to QVC for doing this every year!

terrier3 — Sun, 27 Jul 2014 18:30:20 GMT

On 7/27/2014 KathyPet said:
On 7/27/2014 terrier3 said:
On 7/27/2014 KathyPet said: So let me follow this. The vendor donates the items so QVC pays nothing to the vendor. QVC then sells the item at 50% off suggested retail so a $100.00 item sells for $50.00. QVC then donates 80% of the $50.00 or $40.00 to the charity keeping $10.00 as profit since they paid nothing for it. Not sure why this is so wonderful! Wonderful would be if they donated the entire $50.00 to charity.

I don't know if they ever clarified who gets the 20% - whether it is QVC or the vendor or a combination of both.

The OP,indicated that the vendors donate the items. To me that means They are turned over for free and QVC is not paying for them. Thus QVC is making 20% profit (before their expenses) on each item. If that is incorrect please let me know.

Unless the OP works for the charity or for QVC, I don't know how she would know who gets what cut of the 20%.

Re: Kudos to QVC for doing this every year!

terrier3 — Sun, 27 Jul 2014 18:34:40 GMT

This is the info on the website - it does NOT say the products were donated at no charge.

Donation Information

When you shop QVC Presents Super Saturday LIVE, there's more in the bag than just designer goods. With your support, hope is in the bag.

Pick up this designer item & more at half their manufacturer's suggested retail price*, with 80% of the purchase price** benefitting Ovarian Cancer Research Fund (OCRF).

Learn more about the impact of your generous support.

*Based upon suppliers' representations of the value. No sales may have been made at these prices.
**Purchase price excludes shipping, handling, and tax. QVC Presents Super Saturday LIVE has generated more than $7.4 million for OCRF since 2007.

Re: Kudos to QVC for doing this every year!

Deb1010again — Mon, 28 Jul 2014 00:17:20 GMT

Hi Ford ITA

Re: Kudos to QVC for doing this every year!

occasionalrain — Mon, 28 Jul 2014 00:23:25 GMT

I prefer to choose the charity where the proceeds from my purchase goes. The Q gets a huge write off and good publicity so it's hardly a kudos to them.

Re: Kudos to QVC for doing this every year!

KathyPet — Mon, 28 Jul 2014 00:25:52 GMT

On 7/27/2014 Ford1224 said:
On 7/27/2014 KathyPet said:
On 7/27/2014 terrier3 said:
On 7/27/2014 KathyPet said: So let me follow this. The vendor donates the items so QVC pays nothing to the vendor. QVC then sells the item at 50% off suggested retail so a $100.00 item sells for $50.00. QVC then donates 80% of the $50.00 or $40.00 to the charity keeping $10.00 as profit since they paid nothing for it. Not sure why this is so wonderful! Wonderful would be if they donated the entire $50.00 to charity.

I don't know if they ever clarified who gets the 20% - whether it is QVC or the vendor or a combination of both.

The OP,indicated that the vendors donate the items. To me that means They are turned over for free and QVC is not paying for them. Thus QVC is making 20% profit (before their expenses) on each item. If that is incorrect please let me know.

Well, you missed a step. First the Q reduces the price by 50%, then they may get 20% of that. That is unless they are lying.

But QVC got the items for FREE so it doesn't matter if they sell,them at 50% off or 75% off the original price they are still only donating 80% of the price they sell the item for to,charity and retaining the,other 20% as their profit.

Re: Kudos to QVC for doing this every year!

Deb1010again — Mon, 28 Jul 2014 00:31:59 GMT

On 7/27/2014 KathyPet said:
On 7/27/2014 Ford1224 said:
On 7/27/2014 KathyPet said:
On 7/27/2014 terrier3 said:
On 7/27/2014 KathyPet said: So let me follow this. The vendor donates the items so QVC pays nothing to the vendor. QVC then sells the item at 50% off suggested retail so a $100.00 item sells for $50.00. QVC then donates 80% of the $50.00 or $40.00 to the charity keeping $10.00 as profit since they paid nothing for it. Not sure why this is so wonderful! Wonderful would be if they donated the entire $50.00 to charity.

I don't know if they ever clarified who gets the 20% - whether it is QVC or the vendor or a combination of both.

The OP,indicated that the vendors donate the items. To me that means They are turned over for free and QVC is not paying for them. Thus QVC is making 20% profit (before their expenses) on each item. If that is incorrect please let me know.

Well, you missed a step. First the Q reduces the price by 50%, then they may get 20% of that. That is unless they are lying.

But QVC got the items for FREE so it doesn't matter if they sell,them at 50% off or 75% off the original price they are still only donating 80% of the price they sell the item for to,charity and retaining the,other 20% as their profit.

No, the 20% is the cost to put on the show (travel, pro-rated broadcast fees, personnel, etc...)

Re: Kudos to QVC for doing this every year!

JuJu Squeezie — Mon, 28 Jul 2014 00:56:11 GMT

QVC can sell product and collect 100% of the profit. Leave it up to Negative Nellie to turn a donation into a negative event.

Re: Kudos to QVC for doing this every year!

NoelSeven — Mon, 28 Jul 2014 01:55:30 GMT

On 7/27/2014 KathyPet said: So let me follow this. The vendor donates the items so QVC pays nothing to the vendor. QVC then sells the item at 50% off suggested retail so a $100.00 item sells for $50.00. QVC then donates 80% of the $50.00 or $40.00 to the charity keeping $10.00 as profit since they paid nothing for it. Not sure why this is so wonderful! Wonderful would be if they donated the entire $50.00 to charity. There are many fund raising efforts for various charities where the entire proceeds are turned over to,the charity.

There has to be a significant overhead for QVC.

Re: Kudos to QVC for doing this every year!

NoelSeven — Mon, 28 Jul 2014 01:57:51 GMT

On 7/27/2014 terrier3 said:
This is the info on the website - it does NOT say the products were donated at no charge.

Donation Information

When you shop QVC Presents Super Saturday LIVE, there's more in the bag than just designer goods. With your support, hope is in the bag.

Pick up this designer item & more at half their manufacturer's suggested retail price*, with 80% of the purchase price** benefitting Ovarian Cancer Research Fund (OCRF).

Learn more about the impact of your generous support.

*Based upon suppliers' representations of the value. No sales may have been made at these prices.
**Purchase price excludes shipping, handling, and tax. QVC Presents Super Saturday LIVE has generated more than $7.4 million for OCRF since 2007.

About a million a year. That's pretty good.