Bad South African business decisions

Trevor · November 04, 2019, 03:20:44 AM

It's great that the Springboks won the 2019 Rugby World Cup but nor so good for the online retailer Takealot.com www.takealot.com who promised a full refund of the price of certain TVs if the Springboks won.

https://www.businessinsider.co.za/takealot-could-lose-r38-million-if-the-springboks-win-on-saturday-but-itll-make-400-people-who-bought-new-tvs-very-very-happy-2019-11

Whoops: they're now in the hole for ZAR4 million!

sprite75 · November 04, 2019, 06:06:16 AM

Are they personally gonna spit on every 50th TV?

https://www.youtube.com/watch?v=xVQkOc73uJA

Trevor · November 04, 2019, 06:14:35 AM

Quote from: sprite75 on November 04, 2019, 06:06:16 AM
Are they personally gonna spit on every 50th TV?

https://www.youtube.com/watch?v=xVQkOc73uJA

I'm glad I didn't buy a TV because I would get a curved TV with a large green loogie

Trevor · November 06, 2019, 01:45:02 AM

Well, the Springboks won, the promotion was over and then this happened:

https://www.businessinsider.co.za/takealot-refused-one-customer-a-tv-refund-linked-to-the-springbok-win-then-twitter-got-involved-2019-11

The gent will now be getting his money back: I would have told them to shove that TV up their butts sideways.

bob · November 10, 2019, 04:10:26 PM

Quote from: Trevor on November 04, 2019, 03:20:44 AM
It's great that the Springboks won the 2019 Rugby World Cup but nor so good for the online retailer Takealot.com www.takealot.com who promised a full refund of the price of certain TVs if the Springboks won.

https://www.businessinsider.co.za/takealot-could-lose-r38-million-if-the-springboks-win-on-saturday-but-itll-make-400-people-who-bought-new-tvs-very-very-happy-2019-11

Whoops: they're now in the hole for ZAR4 million!

What's the equivalent of that in US currency?

Trevor · November 11, 2019, 02:23:28 AM

Quote from: bob on November 10, 2019, 04:10:26 PM
Quote from: Trevor on November 04, 2019, 03:20:44 AM
It's great that the Springboks won the 2019 Rugby World Cup but nor so good for the online retailer Takealot.com www.takealot.com who promised a full refund of the price of certain TVs if the Springboks won.

https://www.businessinsider.co.za/takealot-could-lose-r38-million-if-the-springboks-win-on-saturday-but-itll-make-400-people-who-bought-new-tvs-very-very-happy-2019-11

Whoops: they're now in the hole for ZAR4 million!

What's the equivalent of that in US currency?

Current exchange rate: that's $267.820 dollars US plus 8 cents. Still a hell of a lot of money.