Bingo 5towns

[tzifanya54]

It’s time for 5ts to stop complaining. Just saw bingos chicken breast prices. 4.99 lb. Lakewood bingo sells for 6.99..

Monsey is 7.59. So much for all Bingos prices being the same.

[justaregularguy]

Monsey is 7.59. So much for all Bingos prices being the same.

bingo is still solidifying their client base in 5 towns
Wait a few weeks or maybe after yom tov season and we’ll see

[elazarmn]

Honestly they just need to beat the prices of the competitors in the area. Not in a different neighborhood.
You’re not going to drive to 5towns for the $3/lb difference. But you’ll still shop there since they are 1.50/lb less then your local grocery

[WonderingYid]

big fan of that rav 👆

Which rav is that?

[JMHO]

Monsey is 7.59. So much for all Bingos prices being the same.

Who said that all stores have the same pricing?

[Sammy82]

It’s time for 5ts to stop complaining. Just saw bingos chicken breast prices. 4.99 lb. Lakewood bingo sells for 6.99..

I believe that prepared foods (takeout, meat, chicken, nuts, produce) are priced based on location but regular groceries are all priced the same. But I may be wrong

[tzifanya54]

Who said that all stores have the same pricing?

Was discussed somewhere else. I don't think they are priced the same (even for shelf items) but someone was insisting that they were.

[JMHO]

Was discussed somewhere else. I don't think they are priced the same (even for shelf items) but someone was insisting that they were.

Exactly.

[yungermanchik]

Bingo has a track record. All of their stores have the same prices on same items. True, they might have some different items in 5 Towns for the 5 Towns crowd which might be priced differently, but on most of the store, they will be priced the same as in Brooklyn, Lakewood and Monsey.

Unlike GG who release different adds for each location, with different pricing, Bingo has one add for all their stores.

Even if they lower the prices initially to get the customers in the door, when they level out they will still be at Lakewood prices.

I happen to know a vendor who asked them if they can charge a little more in this store. With the higher price they would still be cheaper than anyone else in town. Bingo would not allow it. They said they are charging Bingo prices, and all locations will be priced the same.

[cgarf]

I believe that prepared foods (takeout, meat, chicken, nuts, produce) are priced based on location but regular groceries are all priced the same. But I may be wrong

Based on that, according to all the arguments over the years, Lakewood chicken should be cheaper than 5ts, no? I guess it is possible that 5ts bingo price will change over time.

[Chaim723]

Based on that, according to all the arguments over the years, Lakewood chicken should be cheaper than 5ts, no? I guess it is possible that 5ts bingo price will change over time.

Possible? Of course the prices will go back up.
Bingo does the same thing every time they open a new location. Make a few crazy sales (they're probably loosing money on) to bring people in so people have the impression that bingo is crazy cheap. But as soon as the dust settles, the prices go back to regular (decent) but nothing crazy. (Aside from the crazy sales they do here and there... It's all about marketing, and they do a good job at it.

And as to the discussion of whether all Bingos are the same price- they generally are, but these sales are not. These sales are just to beat the local competition here in 5T, until the dust settles. If they'd keep these prices they wouldn't be very profitable...

[cgarf]

Possible? Of course the prices will go back up.
Bingo does the same thing every time they open a new location. Make a few crazy sales (they're probably loosing money on) to bring people in so people have the impression that bingo is crazy cheap. But as soon as the dust settles, the prices go back to regular (decent) but nothing crazy. (Aside from the crazy sales they do here and there... It's all about marketing, and they do a good job at it.

And as to the discussion of whether all Bingos are the same price- they generally are, but these sales are not. These sales are just to beat the local competition here in 5T, until the dust settles. If they'd keep these prices they wouldn't be very profitable...

True. But this was marked as regular price. Hence the possible. I suppose we can amend to probable.

[Alexsei]

True. But this was marked as regular price. Hence the possible. I suppose we can amend to probable.

Marked as regular price means nothing as they change them quite frequently

[elazarmn]

And as to the discussion of whether all Bingos are the same price- they generally are, but these sales are not. These sales are just to beat the local competition here in 5T, until the dust settles. If they'd keep these prices they wouldn't be very profitable...

They are actually not making or losing any money on the chicken. That is the cost price for them. As for any supermarket that opens in a new neighborhood they run sales to get people in the door. bingo naturally is attracting many people but for some others they need an extra reason besides the 15% savings on their shopping and chicken is a basic item that will tug at the wallet to get you in the store.

[Sam 77]

Which rav is that?

Rabbi stein

[syp]

I don't know for sure what will happen with their pricing, but the manager told me all Bingo's have same pricing. True, they are running a few sales which they advertise on their Whatsapp as "Five Towns Only", but very few. In fact, I see their advertisements they post. Some of the sales are not marked in our location. But when I scan them, I get the sale price.

On the chicken, I do not believe the prices that were quoted above for the Monsey location and Lakewood location is for the same item. I have been buying Bingo poultry for a long time. Their FAMILY pack has been this price in Brooklyn and Lakewood forever. (I don't recall checking in Monsey). They do have other cutlet packaging in our location too for 7.49 and up.

The reason they are so cheap is because the meat department is run by Birdsboro direct without any middle man distributor.

The Deli and Sushi department is priced for the Five Towns. The rest of the store is standard Bingo pricing. I have been shopping Bingo for years now.

It almost seems like some of the posters are trying to find some reason why Bingo is not good. From the hundreds of cars in their lot daily, it seems like most people are happy. And just wait for their Pesach pricing! (Just beware of the kitniyos there if you are Ashkenazi. They sell lots of it.)

Wether you like Bingo or not, they certainly helped bring the prices down in Kolsave! Thank them for that. Competition is always a good thing for the consumers!

[Chaim723]

Wether you like Bingo or not, they certainly helped bring the prices down in Kolsave! Thank them for that. Competition is always a good thing for the consumers!

Let's not be so naive. The prices will go back up (by both) to their regular prices, respectively, when this price war ends and when they both come to terms with the fact that they're both here to stay. Meanwhile, most of the sales are being matched by each other, even at a loss. (I spoke to one of the managers who admitted it to me...)
(And btw, there's "hundreds of cars"  at kolsave everyday too.)

Bingo is great at playing the psychological war. Lots of people had the impression for a while that everything there is cheaper, because of a few greatly priced/sale items, when in fact they're not the best price for many every day items. (Take KRM for example in BP, where for many items they're cheaper than bingo)

Don't get me wrong, I'm a fan of bingo for their sales (I used to go to the BP location often) but I realized, besides for the paper goods and some sales, I'm not really saving much... Besides for the fact that the quality of their produce is not great and had lots of experience buying crackers etc. that were stale. So much for their buying power, when you buy a years worth of crackers in a shot, it's not the same....

[syp]

Let's not be so naive. The prices will go back up (by both) to their regular prices, respectively, when this price war ends and when they both come to terms with the fact that they're both here to stay. Meanwhile, most of the sales are being matched by each other, even at a loss. (I spoke to one of the managers who admitted it to me...)
(And btw, there's "hundreds of cars"  at kolsave everyday too.)

Bingo is great at playing the psychological war. Lots of people had the impression for a while that everything there is cheaper, because of a few greatly priced/sale items, when in fact they're not the best price for many every day items. (Take KRM for example in BP, where for many items they're cheaper than bingo)

Don't get me wrong, I'm a fan of bingo for their sales (I used to go to the BP location often) but I realized, besides for the paper goods and some sales, I'm not really saving much... Besides for the fact that the quality of their produce is not great and had lots of experience buying crackers etc. that were stale. So much for their buying power, when you buy a years worth of crackers in a shot, it's not the same....

It is clear from your post that you have some personal interest in some local stores.

Bingo is not cheaper on many items than KRM, but unfortunately we do not have a KRM locally. Bingo prices will not go up, because they are the same at all their locations, besides a few sale items.

The manager you spoke to was obviously not the manager at Bingo. They are not losing money on anything. They have huge buying power. The cracker story you are talking about is either a fabrication or a freak accident. Generally, they're product dates are much better then most stores. I always check dates.

(Happens to be, locally, I purchased grape juice which was expired over a year prior (not Kedem). I called the company and gave them the codes. They called the store and told them to remove from shelves. The store blamed it on the distributor. Sam ething happenwd with pareve ice cream cones which were three years old. I'm not saying this happens every day, but it can happen anywhere.

Bingo produce in other locations is not always great. But they claim yheyr specifically hired someone from their fFive Town's store to keep it up to par.

Somebody locally who works helping needy families told me files are saving an average of 30% a week at Bingo. That's a huge number for many people.

[Chaim723]

It is clear from your post that you have some personal interest in some local stores.

Bingo is not cheaper on many items than KRM, but unfortunately we do not have a KRM locally. Bingo prices will not go up, because they are the same at all their locations, besides a few sale items.

The manager you spoke to was obviously not the manager at Bingo. They are not losing money on anything. They have huge buying power. The cracker story you are talking about is either a fabrication or a freak accident. Generally, they're product dates are much better then most stores. I always check dates.

(Happens to be, locally, I purchased grape juice which was expired over a year prior (not Kedem). I called the company and gave them the codes. They called the store and told them to remove from shelves. The store blamed it on the distributor. Sam ething happenwd with pareve ice cream cones which were three years old. I'm not saying this happens every day, but it can happen anywhere.

Bingo produce in other locations is not always great. But they claim yheyr specifically hired someone from their fFive Town's store to keep it up to par.

Somebody locally who works helping needy families told me files are saving an average of 30% a week at Bingo. That's a huge number for many people.

"It is clear from your post that you have some personal interest in some local stores."
Lol, I was gonna say that about you from the way you were posting all along...

I'm talking about the sale items. The other items are not that cheap -thats exactly my point (obviously with some exceptions).

"The cracker story you are talking about is either a fabrication or a freak accident. Generally, they're product dates are much better then most stores. I always check dates."

Shows how much you know about these Jewish brands. Try finding an expiration date on Shibolim crackers or most other brands, it doesn't exist -uts a closed code.(although there is on the case usually). And it's not only my own experience, several others I know of stopped shopping at bingo due to the quality and there's better prices elsewhere (on many things)

"Somebody locally who works helping needy families told me files are saving an average of 30% a week at Bingo. That's a huge number for many
people."

Garbage. But it's good to know Bingo hired people to go on these forums and WhatsApp chats, I guess it's part of their marketing budget... If they were a bit smarter they would get you to open a DDF account a bit earlier, so it wouldn't be that obvious that you're a paid spokesman of theirs...

Btw, I heard from a cousin in Lakewood, they rarely seen more than like 20 people in the Lakewood location, and 1 or 2 cash registers open... So much for their "cheap prices everywhere".

[Just A Jew]

It's ironic that you accuse him of having personal interest when people have accused you of the same thing. People are allowed to have opinions without having a personal stake in any of the businesses.

Regarding the assertion that Bingo never loses money on sale items, this is patently false, and I've personally confirmed it. One recent example is their Lakewood sale on POTF ice cream. Absolute loss leader, and it actually made the manufacturer upset, because it caused them problems all over the country.

Regarding the stale crackers, it happens in every store, and it's happened at Bingo more than once. They do buy in quantity, and they always run the risk of items not moving as quickly as they projected, leaving them with old product. They have also been known to take short dated products in order to get crazy deals.  Again, not exclusive to Bingo, but don't make them out to be the saints that they aren't.

Regarding the pricing, as you've noted, they employ a model which is very popular now called concessions. This means they operate the grocery store, and 3rd party vendors run different departments (ex Birdsboro for poultry, Mechy's for deli, etc.). With that model, they control the prices of the grocery, which is why you'll usually find uniform pricing on those items (except for locally targeted sales). They also have pricing guidelines for their 3rd party vendors, but the actual price is set by the by the vendor. A possible explanation for the current chicken pricing in 5T is that they are trying to break into a new market. The pricing helps them make a splash, as well as build up the volume so that they can determine where their pricing needs to be long term. If the volume makes the prices sustainable, they may not raise them, but there are no guarantees there.