Most of the people applauding this are saying it from their place as just consumers. If you've been an insider or ever worked with or managed a big or medium sized supermarket or related shop, you'll understand why most of them don't put price tags.
What if I purchase items today for 10 naira and I put the selling price tag at 13 Naira. Then later in the day, the cost price has gone up to 20 naira. It means I have to change my own selling price so that I can be able to restock next time. Imagine if there were price tags, the shop assistants will be tagging and retagging the products almost all the time. It is a waste of useful time.

Bokku supermarket is notorious for putting old price on the label. Until you get to the cash point

YES,THAT IS THE TRUTH!I WAS SURPRISED TO ENTER A PARTICULAR BIG SUPERMARKET IN IJEBU ODE,IN FACT THE BEST IN THE CITY BUT WITH NO PRICETAG ON THEIR PRODUCTS!IT LEAVES ROOM FOR CHEATING CUSTOMERS!I BELIEVE ITS ONLY MEANT FOR ATM CARDS USERS AND NOT WHO ARE TO USE CASH!!

talk2hb1:
Is it a crime?
Abeg make them come catch the Aboki in my street selling groceries, he didn't attach price tag to goods in his shop too.

Is the Aboki operating a superstore?

Do you carry a cart and walk round to pick your groceries at the Aboki store or you simply tell him what you want and he hands them over to you?

JohnAOne:
Very good.

Also, the practice of putting a different price tag from the one on the system at the cashier must stop!

You'll see a lower price on the product only to get to the cashier and see a higher price.

You are very correct

JohnAOne:
Very good.

Also, the practice of putting a different price tag from the one on the system at the cashier must stop!

You'll see a lower price on the product only to get to the cashier and see a higher price.

I visited an old friend of mine at Sangotedo a week ago, checked into skymall to get somethings, the prices difference was more than 10k.
I mean everything I bought in total.
I have a habit of adding up the prices on the price tags as I pick. E.g. the sausage says 1900 but it's 3300 on the system....
The total price I got was more than 10k more.
It's crazy.
Put the price who wan buy go buy.
When I complained many people on the queue were like "Na so this place dey na, you never come here before" etc.... it's the status quo in that mall.

LAME EXCUSE!YOU KNOW HOW MUCH YOU BUY THESE THINGS AND YOU KNOW THE PROFIT MARGIN TO ADD!YOU DONT RAISE YOUR PRICE ON OLD STOCK BASED ON CURRENT PRICES ON THE STOCK!THAT IS WHAT LOCAL MARKET MEN AND WOMEN DO!IT IS CRIMINAL!THE SUPERMARKETS MUST BE SANCTIONED FOR THIS!IT IS CRIMINAL!!

CorrectionFLuid:


Maybe the price has increased before stock got purchased. Not ruling out dishonesty anyway. I've owned a business where I put price tags on products. That thing can be stressful. In my opinion, it needs its own dedicated staff.

I like to "pick" your brain a bit. Would you have benefited from a Price checker? Customers can scan the item to get it's price and decide if they want to make the purchase or not. You make an intital upfront capital investment to acquire the devices. But subsequently price tagging is eliminated. I've seen it at some Ebeano outlets and my neighborhood supermarket and have learned to rely on them for updated prices

HonourableUche:
Most of the people applauding this are saying it from their place as just consumers. If you've been an insider or ever worked with or managed a big or medium sized supermarket or related shop, you'll understand why most of them don't put price tags.
What if I purchase items today for 10 naira and I put the selling price tag at 13 Naira. Then later in the day, the cost price has gone up to 20 naira. It means I have to change my own selling price so that I can be able to restock next time. Imagine if there were price tags, the shop assistants will be tagging and retagging the products almost all the time. It is a waste of useful time.

It's not too much of a job to do.
What they could do is to use erasable system and hand written the prices. Once there is a price update the store assistants can then go to the particular product and update the price.

The erasable tag system should be placed behind a secured plain glass because some consumers too are unscrupulous.

Also, our superstores too should harmonize together and have a price comparison website or apps such as "super verison app" in the UK where you can enter all your groceries and you automatically know which store gives you the lowest price for each individual items.

Our supermarket need to improve consumers experience.

slowice:
The comment session is filled with people who has never done business in their entire life. Lol

Sounds like you own a retail outlet. Or possibly manage one. How do you handle the need to constantly update product pricing and make that updated price visible to your customers?

This local people have

Turned supermarkets to local market

"How much last"

"Customer how much you wan pay"

Nigerian are naturally wicked.
Someone told me something like this must be done,but asked the man "did any of this traders wait for government before increasing" no they will increase immediately
But now the dollars has reduced, but they will need soldiers to compel the reductions.

CaptainFM1:


It's not too much of a job to do.
What they could do is to use erasable system and hand written the prices. Once there is a price update the store assistants can then go to the particular product and update the price.

The erasable tag system should be placed behind a secured plain glass because some consumers too are unscrupulous.

Also, our superstores too should harmonize together and have a price comparison website or apps such as "super verison app" in the UK where you can enter all your groceries and you automatically know which store gives you the lowest price for each individual items.

Our supermarket need to improve consumers experience.

Never going to happen. Do the supermarkets themselves know the prices of the same product at their different outlets?

Omoejigbahe:
Ebeano on Admiralty road, Lekki is number 1 on the list

They have price checker at different aisles in that supermarket. Do you use them?

airsaylongcome:


I like to "pick" your brain a bit. Would you have benefited from a Price checker? Customers can scan the item to get it's price and decide if they want to make the purchase or not. You make an intital upfront capital investment to acquire the devices. But subsequently price tagging is eliminated. I've seen it at some Ebeano outlets and my neighborhood supermarket and have learned to rely on them for updated prices

No need to go far. Prices can be scanned with mobile phones. Our superstores just need to improve on consumer's service and experience.

Make dem do am o,

Naso a supermarket won sell bottle of groundnut at the rate of 5k and cashew nut for 8500.

Omo I run

slowice:
The comment session is filled with people who has never done business in their entire life. Lol

Business Man, Business is different from exploitation. Thieves calling themselves business people

CaptainFM1:


No need to go far. Prices can be scanned with mobile phones. Our superstores just need to improve on consumer's service and experience.

And have their prices widely available on the Internet? Not going to happen in Nigeria. Not yet.

Plus online price is not necessarily price at the outlet. This a truism even for the likes of Walmart

Okoroawusa:

I notice that it's becoming a common practice by supermarkets in Lagos these days.
Recently I saw a product displayed for 1,950 only for the price to be 2,300 at the cashier's point.
The problem is not the money but the glaring dishonesty

Report the supermarket to that agency. That’s deceptive.

Bahdguyishere:

Business Man, Business is different from exploitation. Thieves calling themselves business people

How is it exploitation? It's inflation at work. Hyper inflation actually. So when prices change at 8am, the supermarket retags all their products with 8am prices. Those prices change at 1pm, they retag all. Change at 6pm. Rinse repeat. It's cost intensive for them to do that. This isn't a new phenomenon. Zim and Venezuela experience it. What needs to be done is to have a reliable way for customers to check the price just before they buy it

airsaylongcome:


Never going to happen. Do the supermarkets themselves know the prices of the same product at their different outlets?

The prices are set by their headquarters. That's why if a Fresh whole milk is 1pound at ASDA, it will be the same price in all ASDA stores across the UK.

Once the headquarter releases price update to all the stores, the branch manager comply as instructed and gives feedback to the HQ within a stipulated time frame.

It's not easy to drive efficiency, but hey it's this inefficiency that kills Nigeria.

CaptainFM1:


The prices is set by their headquarters. That's why if a Fresh whole milk is 1pound at ASDA, it will be the same price in all ASDA stores across the UK.

Once the headquarter releases price update to all the stores, the branch manager comply as instructed and gives feedback to the HQ within a stipulated time frame.

It's not easy to drive efficiency, but hey it's this inefficiency that kills Nigeria.

Maybe in the UK, but prices definitely vary across retail outlets of the same Supermarket brand in the US. Definitely in Walmart at least.

In Nigeria, the same Supermarket sef does not know the price or inventory in another of its "branch". I put branch in quotes because they are not really branches. These several outlets are actually franchises that just use the main business name. They are most often independent businesses and do not (refuse to?) share their prices with other franchisees under the same business name

[quote author=Okoroawusa post=129303710]
I notice that it's becoming a common practice by supermarkets in Lagos these days.
Recently I saw a product displayed for 1,950 only for the price to be 2,300 at the cashier's point.
The problem is not the money but the glaring dishonesty [/quote

This particular one dey here too

I go buy things,check the prices do some calculations on my own because I dey work with budget here na for naija I no dey do am but here I start am o

When cashier go calculate, w go dey over and you won't start asking them to start again or recheck etc.. you go just open app and show code to the machine,e go deduct, I go just dey cry because e don short the money for another thing.....

airsaylongcome:


Sounds like you own a retail outlet. Or possibly manage one. How do you handle the need to constantly update product pricing and make that updated price visible to your customers?

The problem with making updated price visible is the the unpredictability of the market. There is sharp fluctuation in the market and it makes it difficult to maintain stable pricing. This fluctuations happen almost daily due to hyperinflation in the economy. Business thrives more during stability and make lots of loses when prices are unstable. To remain afloat, you are Constantly checking with suppliers to ensure you don't sell at huge losses and it therefore makes it difficult to constantly update prices... Reason many of them choose not to. Don't forget that the update cost money too.

airsaylongcome:


And have their prices widely available on the Internet? Not going to happen in Nigeria. Not yet.

Plus online price is not necessarily price at the outlet. This a truism even for the likes of Walmart

Online prices are accurate with store prices in the UK. Once I've listed all my grocery items I first use price comparison apps such as "Superstore verison" to know which store gives me the price comparative advantage for each individual item. The app tabulates the prices of the items I picked along each superstores and recommend which store(s) to go for each item.

Sometimes I save 5pounds in groceries of about 50pounds. Since I shop on the High streets, all the superstores are often within walking distance to another.

Also each superstores have apps and websites which I often use if I'm going to a single store. I simply use the superstore app cart as my shopping list and walk into the store. The total on the app/web is exactly what I pay at the store. This is accurate 100% of the time for me in the UK. I think this is so because in a multi-superstore system, the HQ sets the price and issue price updates to the branch managers to paste as price tag rather than individual outlets coming up with their own price for every single items.

slowice:


The problem with making updated price visible is the the unpredictability of the market. There is sharp fluctuation in the market and it makes it difficult to maintain stable pricing. This fluctuations happen almost daily due to hyperinflation in the economy. Business thrives more during stability and make lots of loses when prices are unstable. To remain afloat, you are Constantly checking with suppliers to ensure you don't sell at huge losses and it therefore makes it difficult to constantly update prices... Reason many of them choose not to. Don't forget that the update cost money too.

So I'm assuming the business is run with a Retail Management System akak ERP in place. How would it be difficult/"cost money" uploading a new price list from an excel spreadsheet? I understand the issue of the unpredictability but that's not on the business. That's a National economy issue. People have gotten used to it by now I believe

Bahamas95:
Nice one.


Nigerians are the most wicked people on earth, they take advantage of every opportunity to punish others.



"E don cost o" nai we dey always hear for Nigeria, when e cheap traders nor go talk.

so you mean business owners arbitrarily chose to increase prices of their goods? Can we just as a people start thinking right and blame who is meant to be blamed?

Fuel 650, diesel 1300, gas 1300, dollar 1300. Then you guys go about blaming businesses for inflating prices. This is absurdity in its highest form.

CaptainFM1:


Online prices are accurate with store prices in the UK. Once I've listed all my grocery items I first use price comparison apps such as "Superstore verison" to know which store gives me the price comparative advantage for each individual item. The app tabulates the prices of the items I picked along each superstores and recommend which store(s) to go for each item.

Sometimes I save 5pounds in groceries of about 50pounds. Since I shop on the High streets, all the superstores are often within walking distance to another.

Also each superstores have apps and websites which I often use if I'm going to a single store. I simply use the superstore app cart as my shopping list and walk into the store. The total on the app/web is exactly what I pay at the store. This is accurate 100% of the time for me in the UK. I think this is so because in a multi-superstore system, the HQ sets the price and issue price updates to the branch managers to paste as price tag rather than individual outlets coming up with their own price for every single items.

So do you order the items online, and just go pick them in store? Or do you walk from aisle to aisle in store picking your items. I ask because running costs of outlets located in say Chelsea would be higher than the same costs for a store located in say Woolwich Arsenal. I would expect the prices in the Chelsea outlet to be slightly more expensive. I would expect a Heathrow outlet to be even more expensive than Chelsea

Naso i buy small toothpaste 2500... No single price tag on most of the item.. Ppl just dey shop with one mind

airsaylongcome:


Maybe in the UK, but prices definitely vary across retail outlets of the same Supermarket brand in the US. Definitely in Walmart at least.

In Nigeria, the same Supermarket sef does not know the price or inventory in another of its "branch". I put branch in quotes because they are not really branches. These several outlets are actually franchises that just use the main business name. They are most often independent businesses and do not (refuse to?) share their prices with other franchisees under the same business name

I totally agree with you we are not operating a multi-superstore system rather each superstore is independent which is why it's so difficult to have a web/app listing prices online for them.

ComeToJesus:


Pay the displayed price only. No law can find you faulty on that. You are within your rights to pay what is displayed and not what is manipulated inside the system.

How you wan pay am? System go print receipt na. Highest is to drop it

Zico5:
We are getting there gradually. Dollar is striking but these devilish supermarket owners are inflating for selfish gain. We are truly our enemies in this country.

these people buy diesel to power freezer and run their facility 24/7.

Why were we not complaining this years ago? For how long can the govt coerce businesses into price regulation? Are we not a capitalist state again whr demand and supply influence prices of commodities? I do not own a business, but I'm certain this business owners are not the cause.

President Tinubu single-handedly caused this inflation, he should fix it.