I really enjoy the law in my country that requires companies to show alongside the current price the lowest price in the last 30 days.
this post was submitted on 28 Nov 2024
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Poland? We have that in Poland too.
In my country they have to be called out on it, but to verify a discount, they have to prove that they were actively selling it at the undiscounted price for a period of about 4 weeks or so. Unfortunately a lot of this is subverted by brands inflating the recommended retail price and then the stores just show a discount from RRP
So you get to have the raised prices for an extra month? What do you enjoy about that?
It isnt the raised prices, it is that you get avtual sale prices.
For the most part they can't sell the item at the higher price so it isnt a major profit generator until the sale price. So they need to sell at that point, if they cant show it as a sale but still need to hit that point they will sell it at the "sale price" initially.
They need to survive a month trying to sell something at inflated prices to then discount it. That generates losses for them - storage, space on the shelves, delayed new stuff etc. It's long enough to force them to actually discount shit.
I enjoy that they've had to raise prices above what consumers might pay for an entire month if they want to play this trick on me.
Should be called Markup Mania
For anybody who buys off of Amazon, don’t forget about www.camelcamelcamel.com to check pricing history.
Or Keepa, and you can 'share' the Amazon listing to the app to pull up the history.
https://play.google.com/store/apps/details?id=com.keepa.mobile
They also support Firefox on Android
Never heard of it, thanks.
Actual Black Friday sales died about 20 years ago ... since then, it's just a marketing gimmick to drive up sales.
Gone are the days of clawing the face of the 130lb housewife who grabbed that 50" LCD after you got there first and is now biting your fingers.
And god knows why they insist on doing Black Friday sales in Europe, where we don't celebrate Thanksgiving, so stores are selling Christmas stuff all through November and there's nothing special about that Friday.
And in Europe they try to pull this shit off for almost 2 months. They call it Black Weeks, almost every store does it. They seriously try to tell me, that they have a sale, for 2 whole fuking months.
Thank God we still have Cyber Monday for real discounts /s
Gone are the days of clawing the face of the 130lb housewife who grabbed that 50" LCD after you got there first and is now biting your fingers.
Nothing is stopping you. It's just not a naturally occurring experience anymore. Best Buy and LG want combat.
I never understood why people do that.
Here in Germany this was always reported as "look at those crazy idiots".
... because it's a 50" LCD for $499!!!! and there's only 12 of them left!!!!!!
Well in that case....
The industry convinced FDR to move thanksgiving forward one week to increase Christmas shopping so it’s been going on longer. Thankfully the holiday was moved back to original
Feel free to report this if you find it. This is actually illegal: https://www.ecfr.gov/current/title-16/chapter-I/subchapter-B/part-233/section-233.1
Not going to matter in a few months. What is "illegal" now will be "burdensome regulation" prime to be culled
And who cares about that?
I mean in reality. Will that be enforced? Isn't there some loophole, where this technically isn't the same article because they took it off the shop for an hour?
I worked for a major retailer that had to pay out millions in a class action suit for this very thing.
And who cares about that?
I mean in reality. Will that be enforced?
It definitely won't if you don't report it.
Progressive economics?
Progressively more expensive!
I'd sub to that
To the surprise of no one
I just bought a new washing machine. The price on the site said something of 40-50% discount. The store I bought it at has a policy that, if you see an item for cheaper on the Internet (like Amazon or ebay), they sell if for the same price or lower. When I checked a website for price comparisons that also shows a price history you see the the prices where nearly the same the past year. And since they're always among the cheapest seller, the discount is complete and utter BS.
I hate that the stores who do that will often get the same item with a different SKU so that there isn't anything online that they actually match. It could be the exact same product, but different SKU.