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 feel old. My big black Friday score was 30kg cat food and 60kg litter box pallets for the coming year. Scored a nice deal. Have no more money left for groceries. And definitely no money for that 53% off synth I wanted for a long time.
Don’t worry. All the stores now (at least in the US) have predatory deferred financing that promises zero-interest and then shows you low minimum payments to trick consumers who were never taught how credit works into thousands in interest.
Well, there is zero interest if you pay it in full by the allocated date (usually 12-24 months); however, if you do not pay it in full by then (which they try to trick you into), not only do you get charged interest going forward, you also get charged interest for every month that was previously “zero interest”, which ends up being a lot, often more than the product(s) would’ve originally cost.
31 Comments
Naich@lemmings.world · 51 pts · 304d
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.
Pat@feddit.nu · 37 pts · 304d
Here in the EU, we have legislation that makes such things basically illegal. Sad that yinz aren't in here, anymore...
Egonallanon@feddit.uk · 12 pts · 304d
Oh its illegal to do that in the UK too. All the retailers just break the law.
astreus@lemmy.ml · 12 pts · 304d
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.
WALLACE@feddit.uk · 1 pts · 304d
Hopefully it will change soon. Wayfair and a few others are currently under investigation for price fuckery.
EditsHisComments@lemmy.world · 19 pts · 304d
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.
Lucidlethargy@sh.itjust.works · 35 pts · 304d
Why do people keep posting Trump memes where we, the viewer, are Trump? Fuck this shit.
Not even in my wildest fantasies am I this pedophile asshole.
ordnance_qf_17_pounder@reddthat.com · 24 pts · 304d
MyDarkestTimeline01@ani.social · 3 pts · 304d
Both worked fine on my Xbox.
DragonTypeWyvern@midwest.social · 1 pts · 303d
You mean your vendor-locked PC with MS launcher and limited functionality.
MyDarkestTimeline01@ani.social · 2 pts · 303d
That played both RDRs, yes.
Wizard_Pope@lemmy.world · 2 pts · 304d
Yeah I played both rdr 1 and 2 pirated. No issues whatsoever.
SereneSadie@lemmy.myserv.one · 19 pts · 304d
Iirc, the Pinkertons were often used as union busters.
Ironic that Rockstar paints them as villains, then follows their example.
BeMoreCareful@lemmy.world · 9 pts · 304d
Maybe don't buy a single thing Friday through Monday.
ivanafterall@lemmy.world · 1 pts · 303d
What if I get hungry?
Jhex@lemmy.world · 7 pts · 303d
you are better off... Black Friday is a total scam... rarely anything is on actual sale
Aneb@lemmy.world · 7 pts · 303d
ivanafterall@lemmy.world · 5 pts · 303d
I bought a Selena t-shirt, a Tupac t-shirt, and some other random t-shirt for under $4 total yesterday. Pretty cool.
Aneb@lemmy.world · 2 pts · 303d
Hell yeah!
Tundra@sh.itjust.works · 7 pts · 304d
you won't be disappointed, one of the best games of all time
RGB@group.lt · 1 pts · 303d
the new one with discount of epic free game?
TigerAce@lemmy.dbzer0.com · 6 pts · 304d
I feel old. My big black Friday score was 30kg cat food and 60kg litter box pallets for the coming year. Scored a nice deal. Have no more money left for groceries. And definitely no money for that 53% off synth I wanted for a long time.
wizblizz@lemmy.world · 9 pts · 304d
You're not old, just dealing with late stage capitalism like the rest of us.
TigerAce@lemmy.dbzer0.com · 6 pts · 304d
Thanks. I feel much better now. :'(
KoalaUnknown@lemmy.world · 6 pts · 304d
Don’t worry. All the stores now (at least in the US) have predatory deferred financing that promises zero-interest and then shows you low minimum payments to trick consumers who were never taught how credit works into thousands in interest.
LemmyKnowsBest@lemmy.world · 1 pts · 304d
If they promise zero interest, why do they end up charging interest?
KoalaUnknown@lemmy.world · 3 pts · 303d
Well, there is zero interest if you pay it in full by the allocated date (usually 12-24 months); however, if you do not pay it in full by then (which they try to trick you into), not only do you get charged interest going forward, you also get charged interest for every month that was previously “zero interest”, which ends up being a lot, often more than the product(s) would’ve originally cost.
Dorkyd68@lemmy.world · 5 pts · 303d
Black Friday is a scam.
otter@lemmy.dbzer0.com · 4 pts · 304d
Yo ho! 🤘🏼
SlartyBartFast@sh.itjust.works · 3 pts · 304d
I'd prefer a robot I could fuckin' understand instead of just those goddamn beeps and boops
SCmSTR@lemmy.blahaj.zone · 5 pts · 303d
I, too misread it
Formfiller@lemmy.world · 2 pts · 303d
Blackout the system.