See the Anchoring Effect.
Comment on Am I the only one pissed off at these holiday sales? (US)
Spitfire@pawb.social 10 months ago
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.
SwingingTheLamp@midwest.social 10 months ago
helpImTrappedOnline@lemmy.world 10 months ago
Do forget that after the sale it will remain at the jacked up price.
TMPinSYR@lemmy.world 10 months ago
NY State resident here. IIRC, Kauman’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.
DemBoSain@midwest.social 10 months ago
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.