alt text

three rows with a barbecue on the left and William Wallace in Braveheart on the right.

In the first row, captioned Wednesday, the barbecue is labelled “$899.99” and Wallace says “hold”.

The second row, captioned Thursday, depicts the same.

In the third row, captioned Black Friday, the there is a label with $1099.99 struck through with “$899.99” written underneath, and Wallace charges.

edit: grammar

    • Evil_incarnate@lemm.ee
      link
      fedilink
      English
      arrow-up
      22
      arrow-down
      1
      ·
      1 year ago

      That’s why I live in the EU, and they have to include the lowest price in the last 30 days with the “discount” price.

        • GoodEye8@lemm.ee
          link
          fedilink
          English
          arrow-up
          5
          ·
          1 year ago

          It’s a relatively new (became applicable in 2022) thing called price indication directive. The TLDR is what the other guy said, the only addition is that member states can set different rules for certain goods.

          • baltakatei
            link
            fedilink
            arrow-up
            3
            ·
            1 year ago

            Wouldn’t a loophole be to relist something to include some extra trinket with the main product (e.g. lens cleaner with a camera) and argue the “new” listing is something completely different than before?

            • MrShankles@reddthat.com
              link
              fedilink
              arrow-up
              5
              ·
              1 year ago

              Or raise the price 31 days prior, and “drastically discount” it after. It seems like a cool policy in theory, but it also sounds like it doesn’t really have any teeth. Like a “political theater” kind of law. But who’s to say, maybe it could be someone’s poli-sci thesis some day.

              Or I’m just dumb and don’t understand something fundamental about it; I also except that

        • Obi
          link
          fedilink
          arrow-up
          2
          ·
          1 year ago

          Yes, have worked in the field, can confirm.

      • MrShankles@reddthat.com
        link
        fedilink
        arrow-up
        4
        ·
        1 year ago

        So if you raise the price 31 days prior, and then put the discount on, you should still be good to squeeze more profit!

          • MrShankles@reddthat.com
            link
            fedilink
            arrow-up
            2
            ·
            1 year ago

            Maybe the 30 day decrease in profit would be worth the additional units sold later (possibly at a slightly elevated price), due to the marketing of a perceived “deal”.

            I guess there’s a lot of variables that could come into play (type of product, inventory, how many units need to sell over a time period to break even, etc), but it doesn’t seem implausible, so much as it does dependent. But idk, I still can’t figure out how the fuck magnets work, let alone accounting

      • MashedTech@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        1 year ago

        Oh… Im so sorry to hear that. Second thing I do is check the second hand stores near me. I have one that validates their products and offers a 1 year warranty on the second hand stuff I buy from them, and it’s kind of awesome. They even rate the quality.