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90% of Black Friday deals were the same price or cheaper six months before

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Re: 90% of Black Friday deals were the same price or cheaper six months before

#161

Post by aembleton »

bryanrasmussen wrote: post #140
ayngg wrote: post #46

It has been interesting watching the concept of Black Friday (and cyber monday) evolve over the past 20 or so years from being mostly an "American big box retailer dumping excess stock" thing to "oh boy its black Friday, time to go buy stuff!" thing. The entire event has basically been undeservingly co-opted by everyone looking to cash in on hype over an event that basically doesn't even resemble what made it a thing…

>Just like how for singles day in Asia, retailers shamelessly just jack prices up beforehand to make their sale prices look like discounts. This would be illegal in Denmark https://www.forbrugerombudsmanden.dk/hvad-gaelder/markedsfoe... English >If an item, for example, has cost DKK 1,000 throughout the year, and it is set up to DKK 1,500 for 6 weeks and then comes on “sale” for DKK 1,000 again, this is misleading, w…

Why would you need much or any stock? Just set the price to DKK 10,000. Then you don't need to carry much stock as no one will be buying and then advertise 90% off.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#162

Post by Havoc »

fasouto wrote: post #54
nitsuaeekcm wrote: post #48

For those who use Amazon and want cost perspective on particular items, Camelcamelcamel is a superpower ( https://camelcamelcamel.com/ ) I’m sure one day I’ll find out they make money in all sorts of sketchy ways, but in the mean time it’s a great free website, and I’m continually astounded to see how often retailers play around with the prices they post.

They do money by adding their affiliate code to the links. However the Amazon Affiliate TOS [0] say: (y) Unless otherwise agreed by Amazon, your Site must not have price tracking and/or price alerting functionality. I see many sites with this functionality. I don't know if they all got approved by Amazon or they are not enforcing this clause. [0] https://affiliate-program.amazon.com/help/operating/policies...

To be fair that seems like one of the most respectable uses of affil links though. They’re providing actual value on top of what the supplier provides.

Happy for them to take a cut as a result

Re: 90% of Black Friday deals were the same price or cheaper six months before

#163

Post by darkwater »

aembleton wrote: post #161
bryanrasmussen wrote: post #140

Earlier quoted context omitted.

>Just like how for singles day in Asia, retailers shamelessly just jack prices up beforehand to make their sale prices look like discounts. This would be illegal in Denmark https://www.forbrugerombudsmanden.dk/hvad-gaelder/markedsfoe... English >If an item, for example, has cost DKK 1,000 throughout the year, and it is set up to DKK 1,500 for 6 weeks and then comes on “sale” for DKK 1,000 again, this is misleading, w…

Why would you need much or any stock? Just set the price to DKK 10,000. Then you don't need to carry much stock as no one will be buying and then advertise 90% off.

But you are loosing sales the rest of the year and putting you into excessive stress during the black Friday period. Not a good strategy in my book.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#164

Post by Thlom »

bryanrasmussen wrote: post #140
ayngg wrote: post #46

It has been interesting watching the concept of Black Friday (and cyber monday) evolve over the past 20 or so years from being mostly an "American big box retailer dumping excess stock" thing to "oh boy its black Friday, time to go buy stuff!" thing. The entire event has basically been undeservingly co-opted by everyone looking to cash in on hype over an event that basically doesn't even resemble what made it a thing…

>Just like how for singles day in Asia, retailers shamelessly just jack prices up beforehand to make their sale prices look like discounts. This would be illegal in Denmark https://www.forbrugerombudsmanden.dk/hvad-gaelder/markedsfoe... English >If an item, for example, has cost DKK 1,000 throughout the year, and it is set up to DKK 1,500 for 6 weeks and then comes on “sale” for DKK 1,000 again, this is misleading, w…

In Norway we have similar laws. There's also at least two sites that track prices from various online stores, so you can check cheapest price for almost any product and track it's price going back years.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#165

Post by bryanrasmussen »

aembleton wrote: post #161
bryanrasmussen wrote: post #140

Earlier quoted context omitted.

>Just like how for singles day in Asia, retailers shamelessly just jack prices up beforehand to make their sale prices look like discounts. This would be illegal in Denmark https://www.forbrugerombudsmanden.dk/hvad-gaelder/markedsfoe... English >If an item, for example, has cost DKK 1,000 throughout the year, and it is set up to DKK 1,500 for 6 weeks and then comes on “sale” for DKK 1,000 again, this is misleading, w…

Why would you need much or any stock? Just set the price to DKK 10,000. Then you don't need to carry much stock as no one will be buying and then advertise 90% off.

I'm pretty sure that would also fall under the laws regarding misleading the consumer, and also let's say I am a company that sells coffee makers - in order to do this tactic I have to choose a potentially sellable coffee maker and decide not to sell it for a longer period of time in order to make a potential killing on black friday at the same time when consumers checking prices on coffee makers on pricerunners and other tools see that you have a coffee maker that everyone else has for 1000 at 10000 and decide your company is lousy and not to want to buy anything from you?

Re: 90% of Black Friday deals were the same price or cheaper six months before

#166

Post by strzibny »

Do you want a genuine Black Friday deal?

I am giving a 33% off of my book Deployment from Scratch[0] with discount code "blackfriday". The discount is bigger than even the one on launching and most of the copies are sold for full price.

I agree that other sellers should be more honest... the problem is that some people (inc. my parents) just love discounts so much and are completely blindsided...

[0] https://deploymentfromscratch.com/

Re: 90% of Black Friday deals were the same price or cheaper six months before

#167

Post by mordae »

tpxl wrote: post #121
beebeepka wrote: post #65

Earlier quoted context omitted.

Steam sales lost all meaning years ago. It happens to everything that transitions from rare to usual

They haven't lost meaning, you can still wait a bit to get your game cheaper. It does usually follow a pattern of: opening sale 10%, full price for a bit, seasonal sales 10-50%, eventually up to 90% off during seasonal sales.

https://isthereanydeal.com?

Re: 90% of Black Friday deals were the same price or cheaper six months before

#168

Post by Taurenking »

maxekman wrote: post #129

If you care about the climate crisis you should avoid participating in sales like this. It’s a very unsustainable pattern that must go away. Buy what you need when you need it (or even better borrow it), don’t buy a bunch of things that happen to be cheap at a sale. It’s a mindset shift that needs to happen NOW! Edit: autocorrect miss

Can't stress this enough. One of the things that will help us slow down environment hazards the most is to consume less (even more than "recycling" and "ethical" or "environmental" purchases)

Re: 90% of Black Friday deals were the same price or cheaper six months before

#169

Post by tannhaeuser »

LargoLasskhyfv wrote: post #101
xwolfi wrote: post #97

Earlier quoted context omitted.

It s like Halloween in France, it's so weird how tv shows made people with a strong identity adopt a foreign culture.

Same in Germany. Though I like that I can have [1] https://en.wikipedia.org/wiki/Aachener_Printen & [2] https://en.wikipedia.org/wiki/Speculaas long before Christmas. It's so weird seeing the sortiment in supermarkets change to all sorts of foreign events. Not that I'd care much for the native ones, either. Basically it's all just BUY! BUY! BUY! like in They Live from 1988.

What's the threat? We all sell out every day. Might as well be on the winning team.

Re: 90% of Black Friday deals were the same price or cheaper six months before

#170

Post by greggman3 »

bryanrasmussen wrote: post #140
ayngg wrote: post #46

It has been interesting watching the concept of Black Friday (and cyber monday) evolve over the past 20 or so years from being mostly an "American big box retailer dumping excess stock" thing to "oh boy its black Friday, time to go buy stuff!" thing. The entire event has basically been undeservingly co-opted by everyone looking to cash in on hype over an event that basically doesn't even resemble what made it a thing…

>Just like how for singles day in Asia, retailers shamelessly just jack prices up beforehand to make their sale prices look like discounts. This would be illegal in Denmark https://www.forbrugerombudsmanden.dk/hvad-gaelder/markedsfoe... English >If an item, for example, has cost DKK 1,000 throughout the year, and it is set up to DKK 1,500 for 6 weeks and then comes on “sale” for DKK 1,000 again, this is misleading, w…

Often raising the price raises the perception and increases sales.

https://www.google.com/search?q=raising+prices+increases+sal...

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