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Fake price cut offers

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By *icketysplits OP   Woman
over a year ago

Way over Yonder, that's where I'm bound

The Office Of Fair Trading has accused six furniture stores of presenting misleading price cut offers. The higher price is used as a reference price for a couple of weeks and then the regular price is presented as a sale price.

They have recently fine a large supermarket chain for misleading on the savings for strawberries. The higher reference price was available for fewer weeks than the discount price.

Good business or sharp practice?

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By (user no longer on site)
over a year ago

Dodgy. People are getting more savvy about what supermarkets do. They need to be more careful.

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By *rightonsteveMan
over a year ago

Brighton - even Hove!

It's illegal and I never believed them anyway. Nor carpets.

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By (user no longer on site)
over a year ago

advertised prices are an enticement to buy,

always check comparable goods and prices,

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By *ranny-CrumpetWoman
over a year ago

The Town by The Cross

I really don't care.

If something seems priced fairly and I want it - I buy it.

It makes no difference if it's a sale item or not. If I don't want it - I don't want it.

People are stupid. Fancy needing protection as to whether strawberries were fairly priced or not ...

Nanny State Numpties.

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By *ranny-CrumpetWoman
over a year ago

The Town by The Cross

Hi Granny this strawberry is £5.00

Granny: Stick it up your arse!

But it's half price in the sale....

Granny: Oh really ? Well give me six then.

I don't think soooooooooo

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By (user no longer on site)
over a year ago

Actually the majority of people do irrationally buy things on perceived savings. The behavioural economist Dan Arieley has some great research on this. Much of what we buy we wouldn't unless we could compare it to something else. Breadmakers is the best example. No one bought the originals until they made a more expensive version then loads of people bought the "cheaper one" as they now had something to compare it to. Most pricing works this way.

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By *atisfy janeWoman
over a year ago

Torquay

1. See it

2. Like it

3. Buy it

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By *obbygggMan
over a year ago

Birmingham

Or on Merseyside.

see it

like it

thieve it

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By *ranny-CrumpetWoman
over a year ago

The Town by The Cross


"Actually the majority of people do irrationally buy things on perceived savings. The behavioural economist Dan Arieley has some great research on this. Much of what we buy we wouldn't unless we could compare it to something else. Breadmakers is the best example. No one bought the originals until they made a more expensive version then loads of people bought the "cheaper one" as they now had something to compare it to. Most pricing works this way."

I know.

I covered that with 'people are stupid'

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By (user no longer on site)
over a year ago


"The Office Of Fair Trading has accused six furniture stores of presenting misleading price cut offers. The higher price is used as a reference price for a couple of weeks and then the regular price is presented as a sale price.

They have recently fine a large supermarket chain for misleading on the savings for strawberries. The higher reference price was available for fewer weeks than the discount price.

Good business or sharp practice?"

Again? I think they caught out furniture companies doing this years ago. I'm sure I remember reading about it before. Maybe last time it was different chains of stores though.

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By *icketysplits OP   Woman
over a year ago

Way over Yonder, that's where I'm bound

They aren't naming the stores but I think everyone could name all of their three letter combinations.

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By (user no longer on site)
over a year ago


"Actually the majority of people do irrationally buy things on perceived savings. The behavioural economist Dan Arieley has some great research on this. Much of what we buy we wouldn't unless we could compare it to something else. Breadmakers is the best example. No one bought the originals until they made a more expensive version then loads of people bought the "cheaper one" as they now had something to compare it to. Most pricing works this way.

I know.

I covered that with 'people are stupid' "

I think that was in the conclusion of his PhD thesis

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By (user no longer on site)
over a year ago

How do you think supermarkets have cheaper prices than most independent retailers anyway?

Apart from the lower Introductory Prices of new products and the cheaper alternatives the likes of Lidl and Aldi bring us, it's not all warehouse bulk discount.

When it comes to all else, I understand when the independents will try to catch your attention more, as they can't compete with the unlimited media barrage of corporate marketing.

But when those corporates are cheating and getting away with it, makes my skin crawl.

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