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Thread: Trade Show discounts?
12-06-2007, 02:17 PM #1
Trade Show discounts?
I know at other trade shows I've been to the vendors often offer trade show 'specials' - anyone know what the big boys usually offer up at IUSA? I'm looking to purchase some new gear and am trying to decide if it's worth it to wait until IUSA to pick it up during the trade/toy show. Of course, I'll do plenty of oogling while at the show... and I'm sure plenty of spending, too.
12-06-2007, 02:20 PM #2
Oh, and before anyone jumps on me for looking for cheap rates (since we HATE it when OUR clients to that!) let me say that I am looking at my regular retailers (b&h, etc) KNOWING that they give specials during these events... I'm not looking to be cheap, but if I can save a few bucks by waiting a couple of weeks, I will. I'm not being cheap, I'm working the system (since I know there IS a system) :-)
12-06-2007, 03:29 PM #3
I have not been to IUSA before but with 25 years of trade shows under my belt, my advice is simple. Anything you are considering purchasing, hold off until the show to see what deals they offer. You can always still buy at full retail after the show but expect that there will be deals there. The other plus is that in many cases, you will also have the advantage of speaking directly to reps that know the product extremely well and to touch, and test out the item before writing the check. I have my list and I look forward to spending time with the vendors as much as the seminars.Ron Jackson
12-06-2007, 07:22 PM #4
- Join Date
- Aug 2005
- Schaumburg (Chicago 'burb), Illinois
B&H always has show specials on a wide range of gear. What's nice about B&H is the specials are usually good for a week or so after the show!Regards,
Howard Kier, CPP Weddings, ABI, MBA and DAD
Magical Moments Photography
12-07-2007, 12:41 AM #5
Yes, there will be specials. You may find that dealers who have your contact info start emailing about specials.
12-08-2007, 03:44 AM #6
- Join Date
- Dec 2006
- Boca Raton, Florida
Now, before anyone say's "who get's caught?", I would say a friend of mine strongly disagrees to the tune of thousands of dollars. As a matter of fact they determined what he owed for the most recent year and then multiplied by three to go back three years without an actual physical audit. They'll let you protest the amount but you will have to prove them wrong, if that's the case. My friend thought the tripling was probably cheaper. The penalties will knock your eyes out; don't let people deceive you on this issue.
My recommendation: Set up a liability account called use tax and an expense account (possibly part of a pre-existing asset account) called use tax. Pay the use tax with its on check. The separate account will allow a potential audit to go faster.Billy Walker
Photography by Walker
Boca Raton, Florida
12-08-2007, 11:16 AM #7
You are correct; the vendor might be saying that he absorbs tax, or discounts the product an amount equal to tax. If a vendor ships an item to a state where they are not registered, often a tax is not charged. In a tax state, we'd be liable for the use tax. At trade shows, there are many different ways a "show special - discount" is promoted.
Last edited by George_Hawkins; 12-08-2007 at 11:19 AM.George Hawkins
12-09-2007, 01:50 AM #8
The state of Kansas has muddied the water further. If you purchase an item out of state and do not pay sales tax, you are still held liable for it and must claim and pay it to the state of Kansas.
Insult and injury, I pay sales tax on my paper and chemicals then must charge you a sales tax on it if you live in state and do not hae a sales tax id. If you DO have a sales tax ID, you must again charge your customer sales tax on finished orders.
Kansas...home of double dippers, looking to be triple dippers. *sigh*Linda Gregory
12-07-2007, 01:55 PM #9
Woohoo! Let the shopping spree begin (in 30 days, that is... but who's counting??)
Of course, this means that the few hundred dollars I may save will be a few hundred dollars I'll spend on something else that I'm sure to find I "need"
12-10-2007, 03:42 AM #10andiegoodman
Just a quick FYI. The Levin Company will be offering show discounts on their products.