4 ms·
The second cheapest is often where the seller makes the most profit. There is a pricing strategy around this idea - people will rarely buy the cheapest or the m
by paozac 6y ago
The second cheapest is often where the seller makes the most profit. There is a pricing strategy around this idea - people will rarely buy the cheapest or the most expensive item of the list. Their function is to shift up all prices and set the bar
- Spivak 6y agoThat only usually holds within a given brand. Second or third cheapest on the market probably doesn’t suffer the same problem.
- pc86 6y agoYou're saying that as if someone else profiting off of providing you a product you want is a bad thing.
- pinusc 6y agoPaying more for something that you think is higher quality hile beeing just as bad as the cheapest product is a bad thing. Assuming parent comment is right that this is the case.