Joke is Black Friday deals are more expensive than other times of the year.
You ain’t even getting cheap TVs. 100 people might get one (as a loss leader), the thousands others overpay or are getting shite they’re trying to get rid of.
That’s one of the things I felt Honey did well is show you how much something cost for the last 6 months when you’re on the product page. You could see that they whacked the price up a week before black Friday to show you a “50% Off!” banner.
What exactly is wrong with Klarna (besides the fact it’s a fintech company)? It started popping up as an option recently whenever I buy something online.
Joke is Black Friday deals are more expensive than other times of the year.
You should have laws against that
Michael Hill advertised a “Member Event 25% off Sitewide” sale on its website, implying that all products sitewide were discounted by 25% for members, when some products were not discounted.
MyHouse promoted their sale with ads stating “Up to 60% OFF RRP EVERYTHING ON SALE“, followed by “+EXTRA 20% OFF”. The ACCC considered this misleading as the additional 20% off did not apply to all products.
Hairhouse Online’s “SAVE 20% to 50% SITEWIDE” promotion was misleading because more than a quarter of the products available on its website were excluded from the sale offer.
Ensure discount claims are genuine: Only advertise discounts where products have been genuinely offered at the higher price for a meaningful period. Avoid creating artificially inflated “was” prices solely to support discount claims. This also applies to displaying the RRP price next to a discounted price – if the product has not recently been sold at the RRP price, this could be misleading.
Document pricing decisions: Maintain records of previous pricing to support any discount claims and demonstrate compliance with ACL requirements.
Joke is Black Friday deals are more expensive than other times of the year.
You ain’t even getting cheap TVs. 100 people might get one (as a loss leader), the thousands others overpay or are getting shite they’re trying to get rid of.
That’s one of the things I felt Honey did well is show you how much something cost for the last 6 months when you’re on the product page. You could see that they whacked the price up a week before black Friday to show you a “50% Off!” banner.
In the EU, the 30 day price history is required to be included by law
There are other services that do that, Pricerunner for example
pricerunner is owned by Klarna, use pricespy or camelcamelcamel
What exactly is wrong with Klarna (besides the fact it’s a fintech company)? It started popping up as an option recently whenever I buy something online.
Conflict of interest.
Rtings disagrees with you.
Which has a different view of this in the UK:
https://www.which.co.uk/policy-and-insight/article/nine-in-10-black-friday-deals-cheaper-or-same-price-at-other-times-of-the-year-which-finds-a4Z2J3u5lTI2
You should have laws against that
https://mdlaw.com.au/news-insights/misleadingretailpricing/