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‎07-27-2014 02:27 PM
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.
‎07-27-2014 02:30 PM
On 7/27/2014 KathyPet said:On 7/27/2014 terrier3 said: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.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.
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%.
‎07-27-2014 02:34 PM
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.
‎07-27-2014 08:17 PM
Hi Ford ITA
‎07-27-2014 08:23 PM
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.
‎07-27-2014 08:25 PM
On 7/27/2014 Ford1224 said: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.On 7/27/2014 KathyPet said:On 7/27/2014 terrier3 said: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.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.
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.
‎07-27-2014 08:31 PM
On 7/27/2014 KathyPet said:On 7/27/2014 Ford1224 said: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.On 7/27/2014 KathyPet said:On 7/27/2014 terrier3 said: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.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.
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.
No, the 20% is the cost to put on the show (travel, pro-rated broadcast fees, personnel, etc...)
‎07-27-2014 08:56 PM
QVC can sell product and collect 100% of the profit. Leave it up to Negative Nellie to turn a donation into a negative event.
‎07-27-2014 09:55 PM
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.
‎07-27-2014 09:57 PM
On 7/27/2014 terrier3 said:About a million a year. That's pretty good.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.
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