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#1 (permalink) |
Teufel Hunden's Freundin
Location: Westminster, CO
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So. Walmart and 'rollbacks'
What the hell is up with the random extra change on the end of the rollbacked prices?
84 cents, 72 cents, 43 cents, 97 cents... what happened to 95 cents, 50 cents... anything that ends in 5's or 0's!!! Keep in mind I don't care really, but this was just a random thought after seeing a Walmart commercial on tv. I'm imagining it's something to do with marketing...
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Teg yw edrych tuag adref. |
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#4 (permalink) |
...is a comical chap
Location: Where morons reign supreme
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IMO, and I'm definitely no expert, but if you see something for 7.89, you may automatically think, that is 8 dollars. If you see something for say, 7.67, you may not think "8 dollars" immediately and think you are getting a good deal. Just a thought.
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"They say that patriotism is the last refuge to which a scoundrel clings; steal a little and they throw you in jail, steal a lot and they make you king" Formerly Medusa |
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#6 (permalink) |
I got blisters on me fingers!!!
Location: In my stressless expectation free zone.
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i was ones told by a friend who was a manager at a walmart that the there was in fact a pattern the the prices. I do not remember what that pattern was, but if something is an even $X.00 or $X.50 that it was as low as it could be marked down (ie Clearence price).
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If you are not outraged than you are not paying attention! "Reality has a well-known liberal bias" - Steven Colbert |
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#7 (permalink) |
whosoever
Location: New England
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i'd guess the pennies are a way of classing products-what level the discount is, and if it's currently on sale. i know other companies do that...
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For God so loved creation, that God sent God's only Son that whosoever believed should not perish, but have everlasting life. -John 3:16 |
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#8 (permalink) |
Custom User Title
Location: Lurking. Under the desk.
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Judging on how large the volume of walmart is and the slim margins/profit of a national retailer, the odd cents are probably calculated to give x% profit and turn the inventory y times a year, and rounding to the nearest nickel would throw that off.
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Blistex, in regards to crappy games - They made pong look like a story driven RPG with a dynamic campaign. |
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#9 (permalink) |
Tone.
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When I used to work retail, my store would use the last cent digit as a code. normal prices were 5 (ex 9.95), advertised sale prices were 3 (9.93) and markdown to match competitor prices were 7 (9.97)
I never really found out *why* they felt they needed the code, since everything was computerized anyway and the prices would change automatically. Of course, I also didn't really *care* about their pricing schemes ![]() |
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#10 (permalink) |
Tilted
Location: Oregon, USA
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Having been management for Wally World at one point in my life, I can tell you that it's just a business practice. They do it to make things look cheaper than they really are. In the case where their price may be the same as a competitor, most other stores have prices that end in 9 so by ending in 7 or 8 they come out looking "cheaper".
The rule when I worked there was that nothing could end in 9, if something came in priced at $1.99 for instance, then you had to change the price to $1.98 or $1.97. Anything that ended in a zero had to be priced for multiple purchase. For instance, an item costing $1.50 had to be placed on display as "2 for $3" or a $1.00 item would go up as "5 for $5". It's all mental games trying to convince people to buy more. The real trick with the "Rollback" prices, is that if you watch closely most of the time you'll notice that the price in question had been raised a couple of weeks prior, just so they could reduce it again later and call it a "Rollback". Yeah, Wally World's business practices are deplorable, that's most of the reason I don't work there anymore.
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Faith: not wanting to know what is true. ~Friedrich Nietzsche |
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#11 (permalink) |
Getting it.
Super Moderator
Location: Lion City
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Walmart, IIRC, has a policy of not having sale items. A rollback is a price reduction not a sale price.
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Tags |
rollbacks, walmart |
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