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Yup. A lot of the consumer protection regulations are being totally ignored with impunity. It’s nice to see one retailer held to account. But I don’t think it f
by vxNsr 3y ago
Yup. A lot of the consumer protection regulations are being totally ignored with impunity. It’s nice to see one retailer held to account. But I don’t think it foretells a larger trend.
These days you need to be very aware of what a fair price is for any given thing and then shop around to find the best deal based on that understanding. Totally ignore %-off, initial prices. Just look for the deal based on what you know a fair price to be.
I think a lot of online stores can get away with this sort of thing because they use “airline” pricing. Everyone sees a different price based on the store’s heuristics, thus there is no “one” price aside from MSRP. and so they can claim a discount off that.
- bushbaba 3y agoOnline stores can list the SKU for 50% more than their sales price for 1 day, and delist the product from showing up in searches unless you specifically ask for that SKU. Then subsequent days they being the price down and call it a sale. Totally within the rules.
- Retric 3y agoDepends on jurisdiction but in some locations non sales price must be consistent for a significant percentage of the total time or it’s still considered deceptive marketing. Thus countering both short term price bumps and “sales” that last for 3/4th of a year.
- bluGill 3y agoThere are retailers where every week they rearrange the shelves putting the things from the back shelf at "regular price" in front with big on sale signs, and the things that were on sale last week on the back shelves for regular price. They will allow you to buy the things from the back shelves at regular price, but they are trying to sell the things on the front self for half the price.
- Retric 3y agoYea, and some mark up prices on specific days of the week so they can have regular sales when people are actually shopping. So yes companies will come up with crazy workarounds for such regulations, but the point is such things cost shelf space and worker effort which helps maintain some sanity in the marketplace. Because eventually some company will figure they can save quite a bit of effort and have ‘everyday low prices’ while maintaining better margins.
- rstuart4133 3y ago> Yup. A lot of the consumer protection regulations are being totally ignored with impunity. It’s nice to see one retailer held to account. But I don’t think it foretells a larger trend. I'm Australian. I saw the headline, and my first thought was "I wonder if this is some US retailer playing fast a loose with the truth in Australia". And yup, it was. Australia is not the USA. You don't ignore consumer laws in Australia with impunity like you can in the USA. The best example I've seen was HP not honouring their warranties on laptops. The ACCC (Australian Competition and Consumer Commission - a government agency) forced hp.com to put a 1/2 page banner at the top of every web page saying they didn't honour warranties, and spelling out the details of what they did. It was in your face, it was ugly, and it was startling sight for any hp.com visitor. I've only saw this happen twice. The other time was a local retailer called kogan.com. That's probably because that demonstration of what the government will do to companies that don't comply with the law (I'm sure it hurt more than any fine) there is now near 100% compliance with what the companies doing business in Australia say they will do on their web site, and what they actually do. Another classic example is Australian ISP's are forced to advertise what your minimum download speed at peak hour will be. And it's enforced. Can you believe that? There is a place in the world where download speeds are what they say on the box, and "unlimited downloads" really means "download as much as you like". Australia is a living demonstration that you don't have to live in a post-truth society. It is possible to pass laws to say you have to spell out in straightforward, non-misleading terms on the box what is in the box. And it's possible to enforce them in imaginative ways that remarkably effective, yet don't involve fines so you don't get companies evaluating the tradeoff of paying the fine versus lying and keeping the loot. And yes, the end result makes life simpler fairer for everyone - including the retailers.