Subject:
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Re: Clearance price-matching (was Re: Last round of Target markdowns?)
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Newsgroups:
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lugnet.market.shopping
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Date:
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Thu, 20 Jan 2000 20:26:40 GMT
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Viewed:
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605 times
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In lugnet.market.shopping, Doug Finney writes:
> In lugnet.market.shopping, Adam Hoekwater writes:
> > In lugnet.market.shopping, Larry Pieniazek writes:
>
> > > Last time I tried this they said the point of clearances was to clear.
> > > They'd let me return the items and get what I paid back (40% off) but
> > > stated... you will have to wait 24 hours to rebuy at the lower price.
>
> > I don't understand this logic.
> >
> > 'We don't want it anymore, so it's on clearance. But you can return it for • the
> > 40% off price and we'll give you all the money back. Then we WILL sell it
> > again, but at a MUCH LOWER price, but NOT TO YOU, because you don't deserve
> > it?'
>
> I think it makes total sense (though it's not how I *wish* it worked.) The
> crux of the matter is that the return policy is for people who want to
> *return* something, not get the best price for it. If their policy was refund
> the difference then everyone would snatch up everything at 20% off, wait a few
> weeks until the price had dropped to 70% off and take it all back for their
> 50% refund.
>
> The point they're making is, don't buy a clearance item until it's at a price
> you're happy with. Most stores do this by not allowing returns on clearance
> merchandise at all.
>
> > Don't they realize that buying something for a large amount of money and then
> > selling the same thing at a much smaller price is the same as just giving the
> > money away?
>
> No, it's not. As in Larry's case, that 24 hour waiting period forces you to
> decide if it's worth keeping at the price you paid or if you'll gamble on
> somebody else snatching it up in the meantime. Every time you decide not to
> gamble that's more money in their pocket which is, of course, the point.
>
> > This policy of punishing your smart customers is just bad business sense.
> > Besides, making you buy it again the next day gives you ANOTHER 30 days for
> > the price to go down even more. Just some thoughts...
>
> "Punishing" smart customers is rarely a bad idea. You obviously don't like
> this policy. Does that mean you're never going to shop at Target again?
> Doubtful. You'll continue to buy wherever you can get the merchandise you want
> for the lowest price.
>
> Doug
Okay, I'd better come clean about why I started this whole thing...
There are 2 RIS 1.5's at my local Target store that I've been waiting on for
quite some time. After reading yesterday's posts, I was sure that I would go
pick them up at an amazing $49 each, but alas they were still $120. I was just
trying to by-pass the mandatory excruciating wait. Sorry for all the trouble,
folks.
-Adam
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