Grocery store rewards programs seem like a free and easy way to get a discount. We sign up for a card, we scan it at the checkout, and we get the “sale” price. However, this system has a dark and very regressive side effect. In recent years, these programs have evolved into a two-tiered pricing…
The clearance section of a grocery store, with its bright red and yellow stickers, can feel like a paradise for bargain hunters. It is filled with products at a deep discount. However, there is always a reason why an item has been marked down for clearance. While you can find some great deals, there are…
Discounts and sales are powerful motivators for consumers. The feeling of getting a good deal can be incredibly satisfying. We assume that by taking advantage of promotions, we are saving money and managing our budgets effectively. While this can be true, there is a surprising psychological downside to discounts: they can often subtly encourage us…
Aggressive savers and savvy couponers are dedicated to getting the best possible deal on every purchase. They master sales cycles, loyalty programs, and promotional offers. However, as retailers have adapted to the rise of “extreme” saving strategies, they have implemented a variety of policies designed to limit discounts and protect their profit margins. While these…
Sale signs and discount offers are powerful tools for retailers. They create excitement and a sense of urgency for shoppers. Seeing a reduced price often makes us feel we’ve found a bargain. However, every promotion labeled as a “sale” might not be a deal. Retailers sometimes use pricing strategies that make discounts appear more substantial…