'The MSE Mother in Law knows her stuff' blog discussion

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This is the discussion to link on the back of Martin's blog. Please read the blog first, as this discussion follows it.
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  • williham
    williham Posts: 1,223 Forumite
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    Poundland always try and slip things in so you don't realise and think you're getting a deal.. 3 packs of paracetamol for £1... or 15p a pack in Morrisons (almost 7 packs for £1).
  • MSE_Martin
    MSE_Martin Posts: 8,272 Money Saving Expert
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    That's how poundland operates some things should be more than a pound some less - getting a bargain is a case of beating the averaging - we've done a hunt on it in the past :)
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
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  • Premier_2
    Premier_2 Posts: 15,141 Forumite
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    You should try the 99p store ;)

    a) because they are always going to be cheaper than Poundland

    and

    b) Co-founders Nadir Lalani & Hussein Lalani claim that unlike their main competitor not all products in their stores are priced at 99p. Where they can reduce the price further they will e.g to 79p ... it's just nothing in his stores will cost over 99p.

    Even so, they claim to make 40% margin on the produce they sell.
    http://www.thegrocer.co.uk/articles.aspx?page=articles&ID=109147
    "Now to trolling as a concept. .... Personally, I've always found it a little sad that people choose to spend such a large proportion of their lives in this way but they do, and we have to deal with it." - MSE Forum Manager 6th July 2010
  • Old_Wrinkly
    Old_Wrinkly Posts: 5,182 Forumite
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    Premier wrote: »
    Co-founders Nadir Lalani ...

    A rather unfortunate name, that, in terms of it's English usage (and yes, I know that it doesn't mean the same in Arabic).
  • Old_Wrinkly
    Old_Wrinkly Posts: 5,182 Forumite
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    Stores of this type often sell 'end-of-line' or goods that don't have the latest packaging (which the supermarkets can dislike). I often see savvy students (yes there are some :D) and others stocking up with dozens (or many dozens) of a particular item, which seems to be the main purpose of the visit.
    With prices given online for many outlets nowadays, I suppose it is possible to call up comparative info about items on your mobile whilst in the shop.
  • mr.savage
    mr.savage Posts: 63 Forumite
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    My local Poundland has Winalot Dog food 5 for £2, yet still has the signs everywhere saying "everything's a pound" . Isn't that a breach of Trade Descriptions act?
    Txt spkrs cn fk ff
  • lilykim
    lilykim Posts: 554 Forumite
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    I always check out Wilkinsons before I go into Poundland, lots of stuff for 97p, in fact got 2 Colgate toothpaste for a total of 97p (bogof), the other week, also paracetemol, ibrufen cheaper too. Pays to shop around
    Growing old disgracefully!
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