Sale must end today
You’ll have seen many bed retailers slashing their prices during various times of the year. The sale must end today and half-price discounts can easily tempt you to look at their offerings. But do you know if this price ever even existed or if the new ‘sale’ price is really a good bargain at all? We investigate using examples from the main bed retailers here in the UK.
The main issue with mattress and bed ‘sales’ is that you don’t know if the ‘was‘ price has any bearing on the ‘now‘ price. Trading Standards rules on ‘sales’ are vigorously enforced. With that in mind, it can rightly be assumed that items with a ‘was’ and ‘now’ price can only be right – after all, these are usually big companies who do not want to fall foul of the law – so it must be true or is it?
Note: I make no claim that I am an expert on Consumer Law. I can only state practices that I know to happen. If you can clarify or confirm or even disagree with what follows, then please do so using the comments section below.
Half Price Sales!
You see a mattress advertised was £500 now £250. How can you tell for sure if this is correct? Firstly, it will be correct but the ‘was’ price could have been any price you care to think of even, was £1,000 now £250. The ‘was’ price has absolutely no bearing on the supposed worth of the mattress.
I heard a story of a manufacturer who makes beds for a retail bed chain. One bed in question was produced specifically for an upcoming sale. While the order was being manufactured, a few of these beds were displayed in stores at a retail price of around £1000. At sale time, it was advertised at half price was £1000 now £500.
The bed in question, even when sold at £500, was probably still overpriced for what it was. But the impression you would have come to in a sale was that it looks like such a bargain. If a bed or mattress is advertised at half price then logically, twice that price should be the real ‘worth’ of the item. If you had compared the specification of the bed above, to others with a value of £500 you would have easily found out that you could have got a much better specification bed for your £500.
The same is true with RRP (Recommended retail price) or SRP (Suggested retail price). These terms mean diddly squat. Manufacturers have no legal say on how much a retailer should sell their products for they can, of course, refuse to supply retailers who don’t toe the line on the retail price of their products!
On Silentnight’s website, they advertise some models from their core range. One, for example, is the ‘Radiance’ (Miracoil 3 / memory foam) Silentnight gives this model (Single) a guide price of £419. And yet, as far as I can see online, no one sells it at this price. The lowest price I have found is £279 but tagged with RRP £419. Save £140. In this case, Silent night gives a disclaimer on their site (11/2/10) with regards to the price to say that ” *These indicative prices reflect those offered by retailers as at October 2009. However, you may pay more or less than this.”
So what does this sale price tell you?
Silentnight has placed an indicative ‘value’ of £419 for this particular single mattress. They give their selected retailers a choice of selling it for more or less than this. With the above (true) example, you have found it for £279. Have you actually saved £140? or have you paid £279 the actual ‘worth‘ of the mattress? Only by comparing it to other ‘like for like’ models will you know the real answer and find the actual worth.
When doing price comparisons, even in the store, always price up the mattress only, and the (no storage) base separately. You will then get a truer price of the supposed mattress quality. You will soon come to see that either the mattress is overpriced with an equally overpriced base or there will be no option to buy the mattress separately (see below).
Example: (Argos May /2010) Silentnight Sherwood Memory (Kingsize)
- Mattress Only: £779.99
- Base and mattress: £1229.99
Incidentally, another little thing to keep an eye on is the way the stuff is priced. How many of you do I wonder have already worked out that the no storage base above has a massive cost of £450.00? The nines are there not to add less than a quid on the price of a £800 mattress, but just a guess to deter you making a quick mental calculation. If it was rounded up to:
- Mattress only: £780.00
- Base and mattress £1230.00It is a lot easier to calculate and to work out how much you are being asked to pay for the (overpriced) base.
Update 1: (May) This is absolutely scandalous! Have a look at the base. For starters, the castors are what you would expect to find on a basic divan set, not one that you are being asked to pay £450 for. My betting is on the fact that sooner, rather than later this will be on offer for half price. I shall keep my eye on this model and if I am right (or wrong) I will post the result here.
Update 2: (End May) What did I tell you. The Silentnight Sherwood no storage Divan is now half price at £614.99 (was: £1229.99). The mattress has also been ‘reduced’ to half price to £389.99 (was: £779.99).
Update 3. (End Aug) The link above does not work anymore and as far as I can see the Sherwood model has been removed from the listing.
Bensons for Beds is another prime of example. They sell the Silentnight Miracoil Zone 5 double mattress for £425.52 but after the ‘Sale’, it will be £999.99 (price checked 11/Feb/ 2010).
Now there is no other retailer that sells this model it is exclusive to Bensons for Beds, so how can it be valued at £999.99? Either Bensons for Beds normally has an incredibly high markup or Silentnight is selling Bensons for Beds an incredibly expensive mattress. Incidentally, when I did my price checks in January 2010 the Sale was still going on still with the claim “After Sale Price – £999.99”
Update: The £425.52 ‘sale’ price has been increased to £499.99 with the ‘was’ price still at £999.99
Checked – (Feb 2010) (March 2010) (April 2010) (May 2010) (June 2010) (July 2010) (Aug 2010) (Sep 2010) (Oct 2010) (Nov 2010)
(Dec 2010 – Update: Price increased to £539.99 – after sale price £1079.99)
(Jan 2011 – Update: Now VAT Free! at £449.99 – sale price £539.99
(Feb 2011 – sale price £539.99 – after sale price: £1079.99)
(Mar 2011 – sale price £539.99 – after sale price: £1079.99 – now 20% off sale price)
We have now monitored this one particular item for well over a year – so how long is this ‘sale’ going on for? and when exactly was the ‘was £1079.99′ price ever implemented?’ Definitely not in the last 12 months!!
Update: [April 2011] The Silentnight Miracoil Zone 5 is no longer on Bensons for Beds site. Seems to have been exchanged for Silentnight Zone 4 with a sale price of £469.99 and a was price of £939.99
Update: [August 2011] The Miracoil Zone 4 is still in the ‘sale’ for £469.99 and a ‘was’ price of £939.99.
The point of this small example is that there is no such thing as a genuine half price mattress sale. If there were, it would mean that the retailer would be selling a mattress at half the ‘worth’ price. This was a difficult topic to write openly about. Obviously, I had to resource my limited comments with due diligence. If anyone has any objections or criticism to my post then please publicly place them below. All other comments are very welcome.
Update: It was interesting to note that Which? did a more intensive probe over seven months culminating in July 2010. They analysed 12,793 on-line prices for 330 sofas and beds and concluded that ‘offers’ from seven out of eight major stores they tracked- could mislead customers. The seven shops they refer to and monitored were: Bensons for Beds / DFS / Dreams / Furniture Village / Harveys / SCS / Sleepmasters.
The remaining store they tracked and found to buck this trend was Bed Shed, with sales typically lasting four weeks out of the thirty-two weeks monitoring period.
The examples they give showed that
Bensons for Beds: Fiji Deluxe Bed was on sale for seven months which during that time it was never sold at either £599.99 or £699.99 the quoted higher price. There was also an ‘Extra Discount Price’ on The Ashleigh Divan at £399.00 despite this being the Original Sale Price. They report that Bensons for Beds used this ‘Extra Discount’ price for eleven weeks after Christmas before the same price simply became a ‘sale’ again.
Sleepmasters: Opulence Double Divan was on ‘Sale’ for either £989.99 or £1099.95 over the same period of time but never for the higher price of £2199.95.
Why doesn’t John Ryan Have Sales?
The last twenty years or so have seen how the ‘sales’ tag sparks interest in consumers looking for a bargain or deal. We have a very detailed article here on just why we won’t follow the same sales tactics as the big retailers do. We don’t find them fair or in your best interests as the consumer. What we do offer is our Outlet where models that have been returned under our 60-Day Love it or Return it Guarantee are then sold at a significant discount.
What should I expect my money to get me in a mattress?
If you’re wondering what your hard-earned cash can buy you with a mattress we have a handy table below. Always make sure you check this against the ‘deal’ you’re looking at during that bed sale.
|How much to spend on a double mattress?||What can I expect for my money?|
|£500||Will not get you much at best a 13.5 gauge open coil / cage sprung with a thin polyester layer.|
|£750||Could get you a fairly OK orthopaedic mattress or the beginnings of a basic pocket springs with 800 – 1000 count. No substantial amount of filling other than foams and synthetic materials|
|£1000||Should get you away from most low-mid ranges and into the basic pocket spring models|
|£1250||Should get you an average pocket sprung mattress.|
|£1500||Should get you many manufacturers mid-range models.|
|£1500-£2000||Should get you a hand made primarily Natural Fibre Mattress|
|£2000+||You should expect 100% Natural Fibres and traditional construction methods|
|£5000+||A bespoke hand made sleep system, high end spring units & featuring the Worlds Most Luxurious Natural Fibres|
If something sounds too good to be true it usually is. Take care can caution if you’re making decisions that have an RRP or sale price as part of that decision making. You would be better using our mattress comparison tools, GSM and guidance articles to find a suitable mattress within a given budget point rather than simply being led by what may feel like ‘a bargain’. Our small expert friendly team are on hand to help you navigate this murky world and can be reached on 0161 437 4419.