Am I the only one pissed off at these holiday sales? (US)
Am I the only one pissed off at these holiday sales? (US)
Infuriating to think that all these places can sell products with a 50% discount and still make money. The rest of the time how much are they raking in? But we are all scraping by and gotta do what we gotta do. Thanks for letting me vent.
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It gets more mildly infuriating when you notice that they’ll typically jack up the prices just before a “Sale” to make it seem like a better deal.
I worked for Walmart many many years ago, and this pissed me off to no end. On Thursday I would have to go through and increase the prices on everything that was going to be on sale the following week. Then Saturday morning I had to change all the prices back to what they were (or just a sliver lower). Then I would get bitched at for putting the wrong sign in place (these were supposed to get the "Rollback" signs, not the "Sale" signs, ffs).
Hated that job.
See the Anchoring Effect.
Don't forget that after the sale it will remain at the jacked up price.
NY State resident here. IIRC, Kaufmann's got in big trouble with the Attorney General years ago for "sale prices" that allegedly represented discounts from the "usual price". The usual price was fictitious - the products had never sold for that. I believe it led to a consumer protection law that regulated truth in advertising for sale pricing.