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I'm sure, but marking things up so that some exec or purchasing agent can feel like they're "winning" when they talk that startup back down a few dollars.. it's

• satvikpendem 4y ago
  No, because human psychology doesn't work with "honest, transparent pricing." People will go out of their way to buy things on sale even when the total cost is higher than it would be otherwise. JC Penney famously figured this out the hard way when they cut out all of their sales [0]. [0] https://www.priceintelligently.com/blog/j-c-penny-s-pricing-strategy https://www.priceintelligently.com/blog/j-c-penny-s-pricing-...
  • 8n4vidtmkvmk 4y ago
    Yeah.... My take away is that people are dumb though. If you know this sales tactic then you should check the price history or competitor prices and only look at the final cost after fees, discounts and shenanigans.
    • satvikpendem 4y ago
      > you should check the price history or competitor prices That's why companies don't publish their pricing, to prevent something like this.
      • 8n4vidtmkvmk 4y ago
        if it's online, someone is scraping it. and if it's not online....well, they're losing business.