this post was submitted on 23 Nov 2023
649 points (93.9% liked)
Memes
45619 readers
1244 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
It's called the JCPenney effect, because at one point JCPenney attempted to get rid of all the bullshit sales and only list the real actual price. It almost bankrupted them, because instead of buying jeans from them for $20 people would go to the store next door that had literally the exact same jeans for $40 but with a sign that said that they were 40% off
This is a case where it is 100% the fault of the consumers, because we are retarded and fall for this bullshit every single time