Eric Jhonson

What are chances that the goods offered at such low prices are genuine? Do we get value for money with such deals?

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3 Answers

hey cameron Profile
hey cameron answered

They always jack up the prices before a big sale to make it look like you're saving more than you actually are.

Tom  Jackson Profile
Tom Jackson answered

It varies.

The goal is to maximize total profit.

If I can sell you one thing at below cost, you may buy other things on which I am making a profit---and then we both win. 

I've  gotten you to spend  more at my store, and you have gotten a good deal.

That item I've sold at cost or below is called a "loss leader."

(A loss leader (also leader)[1] is a pricing strategy where a product is sold at a price below its market cost[2] to stimulate other sales of more profitable goods or services. With this sales promotion—marketing strategy, a "leader" is used as a related term and can mean any popular article, i.e., one sold at a normal price.[3]---Wikipedia)

Otis Campbell Profile
Otis Campbell answered

You get what u pay for. Many products are on sale to get u in the doors then u will buy something else so they dont lose money

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