401
submitted 11 months ago* (last edited 11 months ago) by subutai@lemmy.ml to c/youshouldknow@lemmy.world

Why YSK: Online platforms, particularly some very prominent offenders, may artificially spike prices before creating "discounts". Whether this is intentional or the result of third party sellers fighting amongst themselves, I cannot say. Either way, don't blindly purchase something because of a deal (camelcamelcamel is great to see price history if you just care about Amazon). Besides, if your sole motivation to purchase something is based on a discount, you might be better off cutting consumption instead.

Source: I run fetchnotifs. While checking the logs this morning, I was scared to death I deployed a bug to production—Nope, it's just that day of the year.

top 44 comments
sorted by: hot top controversial new old
[-] starman@programming.dev 72 points 11 months ago

IIRC in Poland all stores have to show the price from month ago to prevent this kind of abuse.

[-] fleg@szmer.info 60 points 11 months ago
[-] Cevilia@lemmy.blahaj.zone 24 points 11 months ago

There is a small, but growing, number of retailers that have decided to apply this worldwide. Perhaps GOG is the most noteworthy. Look at anything that's discounted there and you'll see their "usual" price, as well as the lowest price they sold it for in the last 30 days before the current discount started. It's a good rule, makes me more inclined to feel I'm actually getting a good deal, wish more places would do it

[-] ObviouslyNotBanana@lemmy.world 9 points 11 months ago

Isn't GOG based in Poland?

[-] neoney@lemmy.neoney.dev 8 points 11 months ago

Yep, they’re from CDPR, based in Warsaw

[-] sznowicki@kbin.social 1 points 11 months ago

Yes. And that’s why they implemented it.

[-] morix@feddit.de 16 points 11 months ago* (last edited 11 months ago)

I think it's similar in Germany. At the very least, it's illegal to falsely claim price reduction by raising prices beforehand (I think they still do it, but over longer periods).

[-] justlookingfordragon@lemmy.world 3 points 11 months ago

Actually, you don't even need to change the price to get customers to buy something "on sale". The supermarket I've worked in for a couple of years regularily advertised a certain brand of soft ice cream this way (not going to say any names here). "Only 2,99€ this week" (without comparing that price to anything in particular) and people bought that stuff en masse, even tho that was the exact same price as the week before, and the same price again after the "sale". The only thing that changed during the "sale" week was the color of the price tag.

Laws regarding these types of advertising only work if customers actually compare prices, and most just don't do that.

[-] morix@feddit.de 2 points 11 months ago

Yeah, I've noticed such offers as well. Idk, is it just me or does it feel quite close to Täuschung?

[-] justlookingfordragon@lemmy.world 2 points 11 months ago

It is definitely shady, but allegedly legal as long as you don't claim that the former price was higher. The advertisement itself "just" states what the current price is, which is not a lie.

Still totally scummy IMHO.

[-] nodiet@feddit.de 12 points 11 months ago

Yeah it's a new EU rule. I can't find that info on amazon though, maybe they still have time to implement it?

[-] starman@programming.dev 7 points 11 months ago

I didn't know it's in the whole EU, thanks

[-] somada2kk@lemmy.ml 4 points 11 months ago

This is good but they should also force to write normal price first because now the biggest font prices isn't the price which you pay without buying multiple products or have membership account.

[-] Swedneck@discuss.tchncs.de 4 points 11 months ago

Which sadly just results in them raising prices for a month before the sale

Still better, but i would honestly require all stores to show the full year's timeline of the price right as a widget next to the pricetag online..

[-] NightOwl@lemmy.one 48 points 11 months ago

I've relied on https://isthereanydeal.com to see if sales of games are actually a deal. For electronics I've used https://pcpartpicker.com to see price trends. https://camelcamelcamel.com for Amazon.

And now looks you've brought another tool to the arsenal with https://fetchnotifs.com.

Awesome.

[-] CaldeiraG@lemmy.world 10 points 11 months ago

If you want a FOSS alternative to fetchnotifs, you can try changedetection.io :)

[-] CodaChroma@lemmy.blahaj.zone 2 points 11 months ago

Commenting to remember to come back to this

[-] oktoberpaard@feddit.nl 24 points 11 months ago

In the Netherlands it’s now mandatory to use the lowest price of the previous 30 days as the base price. I believe that it’s based on EU legislation that will follow. I noticed yesterday that amazon.nl still ignores this and uses the “suggested retail price” instead (even if they’ve never used it).

[-] zeppo@lemmy.world 16 points 11 months ago

Amazon uses a system where they vary the price to try to see how much you’ll pay, too. Also they raise the price on things you bought before since they know you might want it again. Simply an awful system. For example, hot sauce… one time two bottles is 12, another time, 21, next time, 17. They’ve done the same thing to me on biscuit mix and bandages. One time the bandages are 7, then they’re 10, then they’re 13, then 6. I just want ONE PRICE.

[-] bobs_monkey@lemm.ee 8 points 11 months ago

I think they call this personalized dynamic pricing, and it's used to extract the most money they can out of any one person. This shit should be illegal.

[-] dangblingus@lemmy.world 14 points 11 months ago

Cutting....consumption? As a North American I feel personally attacked. Buying things is how I express my freedom.

[-] Sir_Kevin@discuss.online 14 points 11 months ago

This has happened to me the last two years on Amazon with Prime Day and Cyber Monday.

I'll have a few expensive items on my wishlist that I'm monitoring and holding out on for a sale, only to see the price go up right before the sale.

I used to spend hundreds during those sales but after getting shat on for two years I no longer participate. All their marketing hype is wasted on me because I simply don't believe them anymore. Amazon has lost my trust.

[-] pineapplelover@lemm.ee 13 points 11 months ago
[-] redcalcium@c.calciumlabs.com 12 points 11 months ago

Why are they doing this? Sure, it increase their short term profit, but this surely erode their users' trust overtime. If they keep doing this, sooner or later people would no longer trust any kind of discount day anymore.

[-] HandOfDoom@lemmy.world 23 points 11 months ago

I work with online sales and that's not what happens at all. Fake discounts just works, sadly, and people just won't learn. I don't really know why, maybe they use the "discount" as an excuse to themselves just to buy more stuff.

[-] QuarterSwede@lemmy.world 9 points 11 months ago

Totally. See JCPenny and their “sales.” The people who shop there even know they aren’t real sales they’re just addicted to getting a perceived deal.

[-] mk36109@kbin.social 7 points 11 months ago

JCPenny tried to stop doing the fake sales and just go with actual pricing and it nearly broke them so they went back to the fake sales. They were even completely honest about it, letting everyone know they are the actual prices and the sales were fake and people weren't happy about it until they went back to the fake sales.

[-] ultratiem@lemmy.world 12 points 11 months ago

No one in money cares about long term anything. That’s why. They want the money now. Tomorrow is a problem for tomorrow.

[-] Kissaki@feddit.de 2 points 11 months ago

How many people will even notice or read about it? It's not that many of the customers overall.

If it's a net gain they don't care about dissatisfaction or some lost customers.

[-] illidian@lemmy.ca 11 points 11 months ago

Obligatory mention of https://camelcamelcamel.com/ which is a great tool to track the historical price of an Amazon listing. You can even set up alerts for when it falls to a certain price point.

[-] subutai@lemmy.ml 15 points 11 months ago* (last edited 11 months ago)

100% agree, I'll edit my post. https://keepa.com/ is also nice if you're just looking on Amazon.

[-] hunt4peas@lemmy.ml 2 points 11 months ago

I use Keepa and it has worked great for me. I'll try out Camel³ next.

[-] McBinary@kbin.social 5 points 11 months ago* (last edited 11 months ago)

There were genuinely some good deals on Amazon yesterday though. I ended up buying a newer kindle for myself because it was the lowest price since last November according to camelcamelcamel.

[-] Cat@kbin.social 4 points 11 months ago

This is not new or specific to online retailers. I worked in retail for almost a decade before gettinng out.

On most products that don't have strict pricing guidelines from the manufacturer, prices can very wildly. Normal pricing would be a marked down price. When big sale would come, the tag price would go from the Minimum Advertised Price (MAP) up to Manufacturer Suggested Retail Price (MSRP). Those prices are set by the manufacturer. The price printed on tags is MSRP. It is full price and is usually marked up quite a lot. With high end brands, MSRP is usually a lot higher than what MAP is. With brands like The Northface it can be $100 or more.

When a retailer runs a "big sale" they often put everything back up to full MSRP then mark it back down whatever percentage off they are offering.

Sometimes I would wait for a product to go on sale so I could get my employee discount plus sale price. There were many times when a huge sale plus my discount ended up being the same price or more than what the every day price was.

[-] MilitantAtheist@lemmy.world 3 points 11 months ago

I use www.prisjakt.nu here in Sweden, aren't there similar sites in the rest of the world?

[-] radau@lemmy.dbzer0.com 3 points 11 months ago

It's definitely worse this year. All I've bought is some filament for my 3D printers and it's really only a few bucks off. Seen a lot of things I was waiting on go on "sale" for the original price or higher

[-] fullmetal_leviathan@kbin.social 3 points 11 months ago

I disagree.
While I have seen prices rise right before a sale, the discounted prices are almost always slightly less than what they usually go for.(In the case of Amazon, dunno about other sites)

[-] ttmrichter@lemmy.world 10 points 11 months ago

The prices rise right before a sale. Then they drop. Maybe to "slightly less" than original. (Maybe.)

It's still dishonest. They're making a "slightly less" price look like "a lot less" to people who weren't privy to the original price.

[-] ABCDE@lemmy.world 3 points 11 months ago

Slightly, rather than the significantly people expect.

load more comments
view more: next ›
this post was submitted on 12 Jul 2023
401 points (100.0% liked)

You Should Know

31302 readers
8 users here now

YSK - for all the things that can make your life easier!

The rules for posting and commenting, besides the rules defined here for lemmy.world, are as follows:

Rules (interactive)


Rule 1- All posts must begin with YSK.

All posts must begin with YSK. If you're a Mastodon user, then include YSK after @youshouldknow. This is a community to share tips and tricks that will help you improve your life.



Rule 2- Your post body text must include the reason "Why" YSK:

**In your post's text body, you must include the reason "Why" YSK: It’s helpful for readability, and informs readers about the importance of the content. **



Rule 3- Do not seek mental, medical and professional help here.

Do not seek mental, medical and professional help here. Breaking this rule will not get you or your post removed, but it will put you at risk, and possibly in danger.



Rule 4- No self promotion or upvote-farming of any kind.

That's it.



Rule 5- No baiting or sealioning or promoting an agenda.

Posts and comments which, instead of being of an innocuous nature, are specifically intended (based on reports and in the opinion of our crack moderation team) to bait users into ideological wars on charged political topics will be removed and the authors warned - or banned - depending on severity.



Rule 6- Regarding non-YSK posts.

Provided it is about the community itself, you may post non-YSK posts using the [META] tag on your post title.



Rule 7- You can't harass or disturb other members.

If you harass or discriminate against any individual member, you will be removed.

If you are a member, sympathizer or a resemblant of a movement that is known to largely hate, mock, discriminate against, and/or want to take lives of a group of people and you were provably vocal about your hate, then you will be banned on sight.

For further explanation, clarification and feedback about this rule, you may follow this link.



Rule 8- All comments should try to stay relevant to their parent content.



Rule 9- Reposts from other platforms are not allowed.

Let everyone have their own content.



Rule 10- The majority of bots aren't allowed to participate here.

Unless included in our Whitelist for Bots, your bot will not be allowed to participate in this community. To have your bot whitelisted, please contact the moderators for a short review.



Partnered Communities:

You can view our partnered communities list by following this link. To partner with our community and be included, you are free to message the moderators or comment on a pinned post.

Community Moderation

For inquiry on becoming a moderator of this community, you may comment on the pinned post of the time, or simply shoot a message to the current moderators.

Credits

Our icon(masterpiece) was made by @clen15!

founded 1 year ago
MODERATORS