3 ms·
Prices on most things have also gone up somewhat substantially over the last 5 or more years fast enough I find I still think of some things being the price the
by grawprog 7y ago
Prices on most things have also gone up somewhat substantially over the last 5 or more years fast enough I find I still think of some things being the price they were before and end up being surprised.when I realize it's been more expensive for a while.
The discount trickery plays into it. You never notice the price increases at first as it's fairly standard all around from what i've seen to raise the base price during a sale, to the point where i've seen them raise the base price at the same time a sale starts then, cross out the new 'old' price and show how great of a sale it is. Then the sale ends and the price is higher.
- didgeoridoo 7y agoIf you live the the US, that’s likely a violation of FTC regulations against deceptive pricing[0]. My guess is that the “discount” phenomenon has a somewhat more innocent explanation; it’s the result of aggressive inventory management and sophisticated dynamic pricing models. Launch at a high price to snag the price-insensitive customers, and gradually discount down to pull in the lower end of the market and keep your unit volume relatively predictable (very helpful for just-in-time inventory management). [0]: https://www.ecfr.gov/cgi-bin/text-idx?SID=b9b38b61c935105b8ab64d193b46323e&mc=true&node=se16.1.233_11&rgn=div8 https://www.ecfr.gov/cgi-bin/text-idx?SID=b9b38b61c935105b8a...
- grawprog 7y agoI'm not sure, I live in Canada. I know years and years ago the grocery store I used to work at did this. We were told when I worked there that's specifically what they did.
- charwalker 7y agoYou just described the Pixel launch model. Launch at X in October then by Black Friday have a $200 off deal or 25% pricing by other vendors for the life of the phone. I wonder if that means the Pixel line is a much cheaper flagship, if the discount price is assumed to be the actual price execs are targeting after launch. I got a Pixel 2 then later a 3 for like 2/3 sticker price off promos by vendors and I'm happy with the price/features/etc. But I wouldn't pay launch price or it.
- taneq 7y ago> Prices on most things have also gone up somewhat substantially over the last 5 or more Have the effective prices gone up? Or have "normal prices" gone up and discounts increased in lockstep?
- Nasrudith 7y agoApparently companies tried that and the consumers didn't like it even though prices were comparable or actually better. It has been established as a norm annoyingly to those who would rather not have the noise.