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I'm currently in the market for a dryer and checked the prices the last couple of days. It went from 649 Euros a week ago up to 739 Euros today. Fully expect it

by sveme 5y ago

I'm currently in the market for a dryer and checked the prices the last couple of days. It went from 649 Euros a week ago up to 739 Euros today. Fully expect it to fall back to 699 Euros tomorrow.

mthoms 5y ago
That's probably illegal (depending on region). I'd consider reporting it.
- DarkUranium 5y ago
  Definitely illegal, everywhere. He said "euros", which implies within the EU. It's illegal across the EU.
dvh 5y ago
I'm curious, why put prices back? Why not leave it at elevated levels?
- williamdclt 5y ago
  Tomorrow is the sale, they've raised the price in preparation for the sale
- saurik 5y ago
  So you can say there's a Black Friday sale, which is the premise behind why the prices went up in the first place: so they could be lowered for a sale.
mianos 5y ago
That is clearly illegal down here in Australia. One of the largest on line retailers here, Kogan, was even prosecuted: https://www.accc.gov.au/media-release/kogan-to-pay-350000-for-misleading-tax-time-promotion https://www.accc.gov.au/media-release/kogan-to-pay-350000-fo...
- smnrchrds 5y ago
  Does the law catch the retailer who have to products with identical specs and different model numbers? Mattress companies have long used the trick to advertise permanent sale pricing that is just standard pricing in North America.
  - comprev 5y ago
    It's long believed there's a loophole in UK law which allows these types of "continuous sales" tactics. Provided the product is available at RRP in _one_ of the shops within the same company (i.e. a chain) for a minimum time period (say, 60 days), it can be priced as a "discount" in another store. The trick used it to have a shop in the middle of nowhere (for example, north Scotland) which rotates products on the shop floor. This shop operates purely at a loss except for some desperate customers who will pay through the nose for a product due to convenience. A mattress would be for sale at GBP 999 for 60 days there, and promoted as a discount at GBP 499 in _every other store_ they own. They make profit on selling 50x products at the discount vs. a single product at original price.
  - mianos 5y ago
    Yes. This exact issue with bedding companies has lead to several prosecutions. For example, permanently making up fake prices just to advertise a discount: - https://www.accc.gov.au/media-release/snooze-admits-two-price-advertising-likely-to-mislead https://www.accc.gov.au/media-release/snooze-admits-two-pric... - https://www.accc.gov.au/public-registers/undertakings-registers/s87b-undertakings-register/furniture-and-bedding-concepts-ltd-s87b-undertaking https://www.accc.gov.au/public-registers/undertakings-regist... What is it with bedding companies and criminal miss representation of prices?
    - LargoLasskhyfv 5y ago
      From personal experience this is true for Germany also, since decades. It's always SALE! SALE! SALE! Everything must go! %! %! %! or something similar. The same was true for carpets for a time, but they seem to have fallen out of fashion, at least I don't see it that often anymore. But this is a general thing in every downtown or shopping centre across all sectors. And similar for groceries. I enter all of these with one big default deny and fuck off mentality switched on.

by sveme 5y ago

I'm currently in the market for a dryer and checked the prices the last couple of days. It went from 649 Euros a week ago up to 739 Euros today. Fully expect it to fall back to 699 Euros tomorrow.

mthoms 5y ago

That's probably illegal (depending on region). I'd consider reporting it.

DarkUranium 5y ago
Definitely illegal, everywhere. He said "euros", which implies within the EU. It's illegal across the EU.

dvh 5y ago

I'm curious, why put prices back? Why not leave it at elevated levels?

williamdclt 5y ago
Tomorrow is the sale, they've raised the price in preparation for the sale
saurik 5y ago
So you can say there's a Black Friday sale, which is the premise behind why the prices went up in the first place: so they could be lowered for a sale.

mianos 5y ago

That is clearly illegal down here in Australia. One of the largest on line retailers here, Kogan, was even prosecuted: https://www.accc.gov.au/media-release/kogan-to-pay-350000-for-misleading-tax-time-promotion https://www.accc.gov.au/media-release/kogan-to-pay-350000-fo...

smnrchrds 5y ago
Does the law catch the retailer who have to products with identical specs and different model numbers? Mattress companies have long used the trick to advertise permanent sale pricing that is just standard pricing in North America.
- comprev 5y ago
  It's long believed there's a loophole in UK law which allows these types of "continuous sales" tactics. Provided the product is available at RRP in _one_ of the shops within the same company (i.e. a chain) for a minimum time period (say, 60 days), it can be priced as a "discount" in another store. The trick used it to have a shop in the middle of nowhere (for example, north Scotland) which rotates products on the shop floor. This shop operates purely at a loss except for some desperate customers who will pay through the nose for a product due to convenience. A mattress would be for sale at GBP 999 for 60 days there, and promoted as a discount at GBP 499 in _every other store_ they own. They make profit on selling 50x products at the discount vs. a single product at original price.
- mianos 5y ago
  Yes. This exact issue with bedding companies has lead to several prosecutions. For example, permanently making up fake prices just to advertise a discount: - https://www.accc.gov.au/media-release/snooze-admits-two-price-advertising-likely-to-mislead https://www.accc.gov.au/media-release/snooze-admits-two-pric... - https://www.accc.gov.au/public-registers/undertakings-registers/s87b-undertakings-register/furniture-and-bedding-concepts-ltd-s87b-undertaking https://www.accc.gov.au/public-registers/undertakings-regist... What is it with bedding companies and criminal miss representation of prices?
  - LargoLasskhyfv 5y ago
    From personal experience this is true for Germany also, since decades. It's always SALE! SALE! SALE! Everything must go! %! %! %! or something similar. The same was true for carpets for a time, but they seem to have fallen out of fashion, at least I don't see it that often anymore. But this is a general thing in every downtown or shopping centre across all sectors. And similar for groceries. I enter all of these with one big default deny and fuck off mentality switched on.