Wednesday, November 26, 2008

Marked down almost always

It was known as a value-for-money name in the UK, where it was born. But I have always thought of it as an expensive label, after I visited their store in Hong Kong almost a dozen years ago - the first time that I had been in a Marks & Spencer store. Maybe it was something to do with the firm using only British inputs for their products which made them so high priced in Asia. Whatever the reason may be, that memory stayed; when M&S opened their store in Chennai in 2005, I really did not think about shopping there. Thinking about it now, their store location was probably a good tactical choice - on paper. The shop that operated there earlier, Haneef Brothers - Famco - was one where you could go in to get some real good deals, a favourite during college days. Maybe M&S wanted that association to continue; but for me, they appeared even more expensive because of where they were.

Maybe they were actually very expensive initially. Probably they didn't get the kind of traffic that they wanted to, because, in a very short while, the store had gone into a promo mode. Everytime I went past, the store seemed to have a different kind of a sale on: regular bogofs, "buy 3 take 2 free", "40% off". The names changed, but Marks & Spencer seemed to be in some kind of desperation to get people into the store. In my case, it has taken three years of wearing down, going through the stages of thinking that I'd buy there at the next sale, no, the one after....

And then I finally did it last week. Now I'm thinking... three decent shirts for Rs.2000/- is not that bad, after all!

2 comments:

Ram N said...

Good bargain man .... did the HRD conf go well? saw ur article in the hindu

Shantaram said...

>> Ram>> Isn't it? The Conference went off pretty well, thanks!