Tag Archives: High Swiss prices

Geo-blocking is the practice of pushing online shoppers to a version of a website based on their geographic location. Many consumers would like to see the practice made illegal and Swiss laws look set to make it so, according to the NZZ am Sonntag, reported Le Matin. © Shutter999 | Dreamstime.comGeo-blocking and filtering is particularly pernicious in a place like Switzerland where prices are generally much higher than the rest of Europe. There are broadly two kinds of geography-based...

This article was first published on 365 club.ch Residents of Switzerland have long grumbled about the nation’s high prices compared to neighbouring countries.  On 19 March 2021, the government moved a step closer to removing two of the competitive barriers inflating Swiss prices. © Ocskay Mark | Dreamstime.comThere are many factors behind Switzerland’s high prices. Chief among them are exclusive import arrangements that allow foreign brand owners to force higher prices on to...

To simplify labelling, many international retailers put recommended retail prices (RRP) for multiple nations on the same label, like the one below. The Swiss retail price premium laid bare.Labels such as these show how much more Swiss customers are being charged compared to customers in other countries. The label above, from an item of clothing sold in Switzerland, shows how much more Swiss customers are charged. The RRP for Switzerland is the highest. The Swiss pre-VAT price is 21%...

Periodically, the Economist magazine judges the value of currencies based on the prices of Big Macs. © Rosalie Anareta | Dreamstime.comThis time around the burger price comparison found only two currencies to be overvalued relative to the US dollar: the Norwegian krone and the Swiss franc. The franc was almost 20% overvalued according to their analysis – click here for chart. Earlier in the week the US Treasury added Switzerland to its “monitoring list” of trading partners whose...

Many new to Switzerland are shocked by the prices of things. High Swiss prices have not gone unnoticed by locals either, many of whom shop in neighbouring countries to avoid them. © Tero Vesalainen | Dreamstime.com However, cross-border shopping hurts the environment – more time is spent in cars – and hurts local Swiss retailers. There are many reasons for Switzerland’s high prices. Among them is the relatively high wholesale prices some Swiss retailers are charged by importers, international...

In 2015, Swiss residents made 24 million shopping trips abroad. The average Swiss-based cross-border shopper travelled 69 kilometres to shop in a neighbouring country, 55 kilometres further than they did when shopping in Switzerland, according to a study published by Credit Suisse. Credit Suisse calculated that, on average, a cross-border shopper would need to spend at least CHF 274 per vehicle to make the journey...

In 2015, Swiss residents made 24 million shopping trips abroad. © Viorel Dudau | Dreamstime.com The average Swiss-based cross-border shopper travelled 69 kilometres to shop in a neighbouring country, 55 kilometres further than they did when shopping in Switzerland, according to a study published by Credit Suisse. Credit Suisse calculated that, on average, a cross-border shopper would need to spend at least CHF 274 per vehicle to make the journey economically worthwhile. This amount rises to...

In 2015, Swiss residents made 24 million shopping trips abroad. © Viorel Dudau | Dreamstime.com The average Swiss-based cross-border shopper travelled 69 kilometres to shop in a neighbouring country, 55 kilometres further than they did when shopping in Switzerland, according to a study published by Credit Suisse. Credit Suisse calculated that, on average, a cross-border shopper would need to spend at least CHF 274 per vehicle to make the journey economically worthwhile. This amount rises to...