I don’t know if it’s different elsewhere, but in the UK, the only difference in Black Friday prices is that there is a label next to them with a fictitious price they are supposedly discounted from.
More accurately, the law (which is about the same as the EU law and large parts of EU consumer law were actually modelled on our consumer law) has to have clearly defined edges. IIRC it stipulates that the “real” price advertised during a sale must have been the price for a minimum of X months (not sure what exactly, I think it’s six).
That’s why we’re currently seeing toothpaste for £7 - so they can do the price drop promo in 6 or so month’s time without breaking advertising law while at the same time raising the baseline price in our psyches.
In the US, companies gradually increase prices from around August to right before Black Friday, when they cut prices to the same price it was before or higher.
Especially shitty companies will prioritize the sale of their inventory which is likely to be more defective.
I don’t know if it’s different elsewhere, but in the UK, the only difference in Black Friday prices is that there is a label next to them with a fictitious price they are supposedly discounted from.
Here in the EU, we have legislation that makes such things basically illegal. Sad that yinz aren’t in here, anymore…
Oh its illegal to do that in the UK too. All the retailers just break the law.
Hopefully it will change soon. Wayfair and a few others are currently under investigation for price fuckery.
More accurately, the law (which is about the same as the EU law and large parts of EU consumer law were actually modelled on our consumer law) has to have clearly defined edges. IIRC it stipulates that the “real” price advertised during a sale must have been the price for a minimum of X months (not sure what exactly, I think it’s six).
That’s why we’re currently seeing toothpaste for £7 - so they can do the price drop promo in 6 or so month’s time without breaking advertising law while at the same time raising the baseline price in our psyches.
In the US, companies gradually increase prices from around August to right before Black Friday, when they cut prices to the same price it was before or higher.
Especially shitty companies will prioritize the sale of their inventory which is likely to be more defective.