4 ms·
Barnes and Noble has been doing this for a long time. Mark it up 30%, then mark it down 30% with a sticker that sometimes damages your product.
by elryry 5y ago
Barnes and Noble has been doing this for a long time. Mark it up 30%, then mark it down 30% with a sticker that sometimes damages your product.
- paul_milovanov 5y agoWell! That's an honest-to-God discount then! $1.00 + 30% = 1.00 + 0.30 = $1.30 then $1.30 - 30% = 1.30 - 0.13*3 = $0.91 PROFIT!
- conductr 5y agoPretty much all retail does this, and the general population generally like it. JCPenney tried going to "everyday low prices" once and it failed miserably. Now, they employ a system of discounts, discounts on discounts, rewards, credits, etc that essentially means you have no idea how much anything in their store will cost you. But, their customer's tend to like it that way.