|
Yep - people see the percentage reduction rather than the price they are going to pay.
It's like the old £2999 or £2985 trick where a lot of people see it as £2000.
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
|
|
|
|
|
Or "up to 70% off!" This does include the 99% of offers at 1% off, and the one product no-one will ever buy at 70% off. 
I get a lot of "Black Friday / Cyber Monday" offers with that ...
Sent from my Amstrad PC 1640
Never throw anything away, Griff
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
|
|
|
|
|
Well, at least a law that forces you to overtly display that you're a scammer is better then no law at all.
I wanna be a eunuchs developer! Pass me a bread knife!
|
|
|
|
|
There are variations by state in the US, but it is typically required that information, such as "intermediate discounts may have been taken" or "off manufacturer's list price" appear in the advertising, to mitigate the ability to scream fraud!
The customer should still be a savvy customer, or, the highest law in all of business comes into play:
Caveat Emptor !
| Ravings en masse^ |
|---|
| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
|
|
|
|
|
My first job after university was selling plastic rubbish, wooden giftware and candles in a gift shop back in 1994.
Sales generally exist to get rid of stock that is not selling or is selling very slowly and is costing more in storage space to keep the stock than to sell it at just above cost price.
Back in 1994 we would retail items at 2.55 the wholesale price.
With regards to sales in the UK the law used to be that an item needed to be displayed at a certain price for a certain period of time(I think it used to be 25 days) before you can put the item on sale and put a line through the old price.
Some shops were a bit naughty and found a way around this by initially selling the item at a huge price knowing nobody would buy it then marking it down in a sale and still making a handsome profit on the item. So someone one then enters a shop, sees an item is discounted by 30% and buys it thinking they are getting a good deal.
I think having worked in retail I have to some extent been immunised against the sales psychological tricks and tend to look more at the selling price and ask myself "Do I need this?" and "Is the price a good deal irrespective of the reduction in price?"
“That which can be asserted without evidence, can be dismissed without evidence.”
― Christopher Hitchens
modified 26-Nov-18 3:43am.
|
|
|
|
|
We used to have a branch of the Co-op locally, and if they had a real glut of about-to-run-out-of-sell-by-date fruit, a staff member was posted at the door to give away a bag of oranges (or whatever) to every customer as they left.
Made a loss on the product, but gained customer happiness and saved the cost of throwing it away.
Sent from my Amstrad PC 1640
Never throw anything away, Griff
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
|
|
|
|
|
GuyThiebaut wrote: ask myself "Do I need this?"
That's one that I ask with every purchase.
GuyThiebaut wrote: sees an item is discounted by 30% and buys it thinking they are getting a good deal.
It's not a deal, its a purchase. You're not buying it to make money, you're spending.
Bastard Programmer from Hell 
If you can't read my code, try converting it here[^]
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
|
|
|
|
|
Eddy Vluggen wrote: GuyThiebaut wrote: sees an item is discounted by 30% and buys it thinking they are getting a good deal.
It's not a deal, its a purchase. You're not buying it to make money, you're spending.
I have an aunt with terrible shopping habits (and logic). I remember my uncle ending an argument about some expensive dinnerware set she wanted to buy:
"We don't need it"
"But it's 50% off"
"But we don't need it"
"But it's half the regular price!"
"Fine - why you don't buy two sets so you can save twice the money?"
Another favorite of mine - he was complaining about watermelons always going to waste because they're so big, and she's the only one eating them. He suggested she only buys half a watermelon the next time she goes grocery shopping.
She came back with two halves, because they were on sale...
|
|
|
|
|
dandy72 wrote: She came back with two halves, because they were on sale...
Bastard Programmer from Hell 
If you can't read my code, try converting it here[^]
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
|
|
|
|
|
My father always use to say, "Look at that sale! It says, "Buy now and save 50%". I say "Don't buy now and save 100%!". Very true for impulse buyers who almost immediately suffer from buyer remorse. I have always remembered this sound advice.
- I would love to change the world, but they won’t give me the source code.
|
|
|
|
|
Seller X may lose $10, but seller Y gets no sale. Or seller Y has to lose $15 in order to get the sale.
How low will you go?
|
|
|
|
|
Programmers and discounts:
Wife tells her programmer husband:
-Go and buy a pack of bacon and if they have eggs, get two dozen.
He comes back with 24 packs of bacon.
-Why did you get that much bacon?
-They DID have eggs!
modified 20-Oct-19 21:02pm.
|
|
|
|
|
If the alternative is not getting it sold, I guess the salesman prefers to sell it at 60%.
|
|
|
|
|
Cyber Monday is upon us!!!
"The greatest enemy of knowledge is not ignorance, it is the illusion of knowledge". Stephen Hawking, 1942- 2018
|
|
|
|
|
What's that, then? Special offers on pron sites?
I wanna be a eunuchs developer! Pass me a bread knife!
|
|
|
|
|
It's better than that. I've been seeing advertisements for "Cyber Monday Week".
I think Amazon is trying to kill us all.
"Never attribute to malice that which can be explained by stupidity."
- Hanlon's Razor
|
|
|
|
|
|
The article would have been funny... If they'd made it even remotely funny.
I wanna be a eunuchs developer! Pass me a bread knife!
|
|
|
|
|
It would've been better had there been any actual stampede. But by all accounts, with very few exceptions, this year was such a non-event the article doesn't makes sense.
|
|
|
|
|
That's not an American picture, but Dutch, I recognize the vans and the style of the houses, did not know Black Friday was that big over here 
|
|
|
|
|
If you have Amazon, you either have it or will get it soon. It has only become a thing in the UK since Amazon did a sale and practically every other company/business in the UK did the same. Creeping Americanisation??
|
|
|
|
|
Didn't you know? Bakker Bluemink is huge in America 
|
|
|
|
|
In Norway, Black Friday has been big for maybe two or three years. Some stores overdo it, making it "Black Week". Of those who still call it "Black Friday", a large fraction extend the sales to last through Saturday, and Sunday if they are open then.
The last two to four weeks before Black Friday, the newspapers monitor the prices of products expecting to go on sale, reporting when the price are raised to allow the stores to claim artificially high "Was: xxx NOK". (I believe that the the claimed "Was" price must have been effective for at least four weeks for the claim to be legal.)
There was a big discussion this year: One electrical appliances chain store had a lot of signs like "Black Friday - Only 499 NOK", for a lot of products in the store. They didn't claim that the price was reduced, and it wasn't. Of course most people thought it was a special offer, with "Black Friday" and the price stated on the same sign. Is that deceiving (hence illegal), or is it perfectly OK?
Most of the products on sale are those that people didn't want to buy earlier, so the only way to have them sold is to reduce the price. If I didn't need it or want it before, I don't need it any more on a Black Friday. So I didn't waste any money on Black Friday.
(Sidetrack: In Norwegian, "blakk" is a slang term for "out of money". So one newspaper warned: Don't let Black Friday give you a 'blakk' Saturday ... Is "blakk", or something similar, used as a term for "out of money" in any other languages? I suspect that it originates in colored people traditionally often being poor, but I have found no real evidence for this.)
|
|
|
|
|
It would have been funnier if the White House response had been "Fake News! Sears and JC Penny are bankrupt!" They should have included Radio Shack too.
Latest Article - A Concise Overview of Threads
Learning to code with python is like learning to swim with those little arm floaties. It gives you undeserved confidence and will eventually drown you. - DangerBunny
Artificial intelligence is the only remedy for natural stupidity. - CDP1802
|
|
|
|
|
...my homing pigeon on EBay!
Again. 
Sent from my Amstrad PC 1640
Never throw anything away, Griff
Bad command or file name. Bad, bad command! Sit! Stay! Staaaay...
AntiTwitter: @DalekDave is now a follower!
|
|
|
|
General 
News 
Suggestion 
Question 
Bug 
Answer 
Joke 
Praise 
Rant 
Admin 
Submit an article or tip
