Clearance! : take 60% off and take additional 20%

With the holiday season almost gone, no doubt one has seen such notorious and blatantly misleading sales pitches. I have wondered many a time as what the mark up price was and I got my answer yesterday. It is more than 100%. I was at Wilson's leather to buy a jacket and I found one that was marked at 119 MSRP. I figured that seemed reasonable enough.

The girl at the counter rings up 229.88! Huh what the hell just happened. Among the many tags attached to the jacket there was another tag with the price 229.88 written on it! It turns out the tag with price 119 was set by the parent company G-III apparel and the 229.88 a discounted price Wilson's Leather was selling it at. The tag from Wilson's leather was half torn. I would be hazard a guess that it could be have been sold at a price 250+.

The girl at the counter nonchalantly says explains that they mark up the price just before the holiday season and then offer discount. This gives the customer an illusion that they are getting a good deal when in fact they are paying the original price of the item. Oh well!

God Booms: Stop acting as if you discovered Antarctica. It is elementary sales strategy and my minions in the corporate board rooms need their yachts!

Me: Yeah yeah and you have the nerve to call greed a sin when you have your minions doing this!

God: Piss off! Its my creation and I can do whatever with it.

Me: Grrrr