$37 for a burrito?
That's only 6 easy payments of $9.99! I can afford two a year at that price! What a time to be alive!
Marketing
$37 for a burrito?
That's only 6 easy payments of $9.99! I can afford two a year at that price! What a time to be alive!
21 Comments
Pudutr0n@lemmy.world · 31 pts · 85d
Wait, I can finance a burrito?
papalonian@lemmy.world · 35 pts · 85d
There's a bunch of bs predatory services that will let you finance literally every purchase. There's a picture of someone "finally" paying off their $1.50 Costco hotdog after like 4 payments.
666dollarfootlong@lemmy.world · 11 pts · 85d
Okay, well the interest goes to the poor, entreprenourial small business owner who made your burrito, right?
Right?
boonhet@sopuli.xyz · 4 pts · 84d
Those are usually interest free services. The company selling you the product pays the fee. Which means the fee is baked into every product.
But also it's a way to increase sales, otherwise they wouldn't offer it. Not sure why the fuck they're offering it on fast food in the US though, it's meant for stuff that cost a bit more than you could afford right away in one payment but won't make you destitute to pay in 3. E.g when I bought a bicycle, I bought a slightly nicer one than I had spare cash for, but paid the exact price over 3 months, not a cent extra. Not with Klarna, but similar service in my country.
kungen@feddit.nu · 3 pts · 84d
Until you forget a single payment... then you'll get retroactive interest (back to the day of your purchase) at a very high percent, as well as other fees.
boonhet@sopuli.xyz · 1 pts · 84d
Ah, maybe in the US. This wouldn't fly here.
tuxiqae@lemmy.dbzer0.com · 1 pts · 83d
Oh, there IS interest
boonhet@sopuli.xyz · 1 pts · 82d
Ah yeah I didn't realize that in the US interest could be charged after the fact like that.
Where I live, the interest for these deals is 0%. Some have a small service fee. But they really make their money from the merchant and generally whoever provides the 3 month payment option also provides the regular installment plan options for the same merchant and those have pretty high interest.
Basically those deals are there not to make money on their own, but to get you to buy more things (that make the seller money)
tuxiqae@lemmy.dbzer0.com · 1 pts · 82d
I didn't mean an interest as in gain, but rather they have an interest to fuck you over
Pudutr0n@lemmy.world · 4 pts · 85d
I would like to finance 1 burrito, please.
Grandwolf319@sh.itjust.works · 1 pts · 84d
If they have no minimum then you can totally make it cost them money
papalonian@lemmy.world · 2 pts · 84d
I'm sure you could, but with financial literacy where it is, I doubt even automating it at a mid sized scale would be enough for them to cut back on lending.
jobbies@lemmy.zip · 17 pts · 85d
Klarna don't care what you're buying
flamingo_pinyata@sopuli.xyz · 6 pts · 85d
One of the few good decisions in my life was rejecting a job offer from Klarna. It didn't even pay amazingly well enough to do that shit. And as a bonus I heard they laid off that team about a year later.
Kolanaki@pawb.social · 1 pts · 82d
Klarna lets people make installments on the fucking $1.50 Costco hotdog combo. They don't care how much you actually make. They'll give you a hotdog loan and break your legs later when you can't pay. They're not in it for the money; they're in it for the maiming.
WanderWisley@lemmy.world · 14 pts · 84d
Ads in the 90’s: look at our well thought out funny idea for selling you our products, we hope you enjoyed it.
Ads today: look we paid an out of touch celebrity a godly amount of money to sell our Chinese made products, please laugh, please give us all your personal information.
radeance@piefed.ca · 8 pts · 84d
unfortunately if I saw this today I'd say the penguin with a tux was AI
unemployedclaquer@sopuli.xyz · 6 pts · 84d
I'm here for the burritos and vodka. A succulent meal.
Track_Shovel@slrpnk.net · 4 pts · 84d
GET YOUR HAND OFF MY PENIS
Skullgrid@lemmy.world · 4 pts · 83d
God, it was hype shit looking at magazines and ads and stuff back then. Wow, the argos catalog shows that you can buy XYZ!
I was unable to participate because I was a kid and not able to buy shit because I had no money.
Now interesting products and shit come out, and its "oh no, I have to save money for a mortgage" , "Oh no, my job market has hit another employment crisis". 3d printers and VR seem really fun. I have nowhere to put a fucking 3d printer, nor a room I can afford to keep empty for VR.
FellowEnt@sh.itjust.works · 2 pts · 83d
Advertising peaked in '98 with this piece of art. The data people are in charge of the industry now, all creativity and fun is long gone.