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 Memo to retail stores Minimize
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Posted by: James 9/19/2008 2:39 PM

This might be a minor thing, as the cost difference means much less than the principle of situation.  It could even be human error from what is displayed on a sticker tag compared to what is actually in the system (although they should be tied together).  Regardless, if an item is priced on the box as, say, $49.95, when it’s rung up it should be $49.95.  If the register displays it as costing $50.00, then put that on the pricing sticker too.  It’s not the 5 cents that I care about, as pennies are irrelevant.  It’s the honesty that bothers me.

 

Was this an honest data entry mistake or was it a lame attempt at pricing something at 5 cents below a ten dollar increment?  If it’s the latter, I doubt someone willing to pay $50 for an item cares if it’s $49 or $48.  If you’re talking about a piece of gum in a gumball machine, then that’s different but I have a sneaking suspicion that you’re pushing your luck with your customer’s goodwill.

 

And you wonder why online stores are kicking your collective tail?

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Re: Memo to retail stores    By Tim V. on 9/19/2008 2:47 PM
Pennies are not irrelevant, my friend. They may be to you and I when purchasing a 1 time item on a small scale (we'll all pay $50 even for something tagged at $49.95), but that $0.05 multiplied hundreds of thousands of times over is a nice little windfall for Company XYZ, and a very covert way of trying to get that nice little revenue boost. If they sell 500,000 of these items per year, that's a nice little $25,000 extra they made (on this 1 item mind you - who knows if they do this across the board) under the premise that we're all too dumb or too complacent to complain about it.

Re: Memo to retail stores    By Erich on 9/19/2008 3:41 PM
What use would James have for 500,000 butt plugs? Oh, wait, I don't wanna know

Re: Memo to retail stores    By sl on 9/21/2008 10:48 PM
There's a printing company in SF called XYZ. (That is something irrelevant.)

Re: Memo to retail stores    By Syl on 9/21/2008 10:49 PM
It's a gasoline/transportation surcharge - if they have any clue at all...


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