Because the normal price should be what ColesWorth like to advertise as “half-price” almost every fortnight.
What is going on is the fact that everyone treat consumers as bad as they are allowed to by legislation and consumer watchdog.
Something like this would help consumers get a better deal and get rid of many of the tricks everyone seem to use:
>Misleading price reduction claims
>
>Price reduction claims such as “was € 50, now € 25” can be misleading if the initial selling price (known as “anchor price”) has been inflated. In all EU countries **traders are obliged, when offering a discount, to indicate the lowest price applied to the item at least 30 days before the announcement of the price reduction**.
>
>**This information allows you as a consumer to assess whether the discount is genuine or not.**
In here every day more than half of the stock in Colesworth is decorated with colourful price stickers, very Christmas like, and all these stickers advertise various savings and compare the current selling price with whatever you can think of: RRP, some price from the Stone Age era, etc. While the consumer law is ambiguous, all the traders will go as low as possible with their misleading tactics.
PhilMcGraw on
Or you know, maybe they’re trying to break into the scottish market and are starting with a lower price to attract buyers. Alternatively maybe similar items are priced like that over there so it would get no sales at AU RRP.
Why wouldn’t IGA or other stores just undercut the shit out of Coles/Woolworths prices if they were actually artificially inflating prices?
Inflation is a thing but the title suggesting it’s all Coles/Woolworths is stupid in my opinion.
polski_criminalista on
We deserve all of this, we voted the corporate lovers in and are reaping the rewards, funny thing is Liberals will be back soon enough
Spenald on
Suppliers set the cost price which in most cases is more expensive than the discount price. Suppliers then push promotions with a rebate to make it somewhat profitable for both. Colesworth generally makes the same profit margin per unit sale during a promotion due to this structure set by suppliers.
Colesworth is fucked, but the media hides the upstream impacts of what a customer sees on price.
4 Comments
Because the normal price should be what ColesWorth like to advertise as “half-price” almost every fortnight.
What is going on is the fact that everyone treat consumers as bad as they are allowed to by legislation and consumer watchdog.
Something like this would help consumers get a better deal and get rid of many of the tricks everyone seem to use:
>Misleading price reduction claims
>
>Price reduction claims such as “was € 50, now € 25” can be misleading if the initial selling price (known as “anchor price”) has been inflated. In all EU countries **traders are obliged, when offering a discount, to indicate the lowest price applied to the item at least 30 days before the announcement of the price reduction**.
>
>**This information allows you as a consumer to assess whether the discount is genuine or not.**
Source: https://europa.eu/youreurope/citizens/consumers/unfair-treatment/unfair-pricing/index_en.htm
In here every day more than half of the stock in Colesworth is decorated with colourful price stickers, very Christmas like, and all these stickers advertise various savings and compare the current selling price with whatever you can think of: RRP, some price from the Stone Age era, etc. While the consumer law is ambiguous, all the traders will go as low as possible with their misleading tactics.
Or you know, maybe they’re trying to break into the scottish market and are starting with a lower price to attract buyers. Alternatively maybe similar items are priced like that over there so it would get no sales at AU RRP.
Why wouldn’t IGA or other stores just undercut the shit out of Coles/Woolworths prices if they were actually artificially inflating prices?
Inflation is a thing but the title suggesting it’s all Coles/Woolworths is stupid in my opinion.
We deserve all of this, we voted the corporate lovers in and are reaping the rewards, funny thing is Liberals will be back soon enough
Suppliers set the cost price which in most cases is more expensive than the discount price. Suppliers then push promotions with a rebate to make it somewhat profitable for both. Colesworth generally makes the same profit margin per unit sale during a promotion due to this structure set by suppliers.
Colesworth is fucked, but the media hides the upstream impacts of what a customer sees on price.