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It's only a reward if you consider your time spent researching worth less than the discount you actually receive.
by jharger 11y ago
It's only a reward if you consider your time spent researching worth less than the discount you actually receive.
- unsettledtck 11y agoAt this point, Black Friday and Cyber Monday have become ritualized cultural events. There is a cult around the supposed "rock bottom prices" on these days that allegedly remove the "research" bit and so we wanted to see if people were actually rewarded by capitalizing on the sales of these particular days.
- JoshTriplett 11y agoThat's one of the reasons stores offer sales, coupons, and similar: they allow stores to effectively offer different prices to different people, extracting more total revenue than if they had to charge everyone the same price. A store could never get away with directly saying "we charge more if you have more money". But they can offer coupons and sales, which have the same effect: those who take the time to clip coupons and watch for sales pay a lower price (and thus buy anyway), while those who don't pay a higher price.