3 ms·
there's a tactic called a loss leader where the merchant has a discount and sells a product at a loss to get people into the store (and hopefully buy other thin
by wdutch 8y ago
there's a tactic called a loss leader where the merchant has a discount and sells a product at a loss to get people into the store (and hopefully buy other things that make them a profit). Loss leaders are pretty hard to spot unless you actually know the normal retail price
- Vinnl 8y agoRight - I thought of mentioning it, but then decided it was part of the category "making me buy more expensive things". Presumably, I wouldn't have gone into that store otherwise, e.g. because it's more expensive. A similar trick is selling a certain product (e.g. an ingredient) at a loss, because it is often bought together with more expensive products (e.g. the rest of the ingredients of the typical meal). Of course, you could still benefit from this if you were to visit that store anyway, or would have bought those products anyway. However, that's still the case in my "ignore deals" strategy: I don't actively avoid deals, I just try not to use them as a reason to buy something.