We were having a chat on a couple of deals about how high the posted "original" prices were. So I thought I'd create a discussion topic so others can join in.
Buxr has a blog post about that very subject:
"When Nobody Pays Full Price, How Much Are You Really Saving?"
Item #3 in that post addresses the inflated "original" or "list" prices that sites use to make shoppers believe the discounts are more substantial. They’re using a strategy called “anchoring” by creating an artificial reference point, quoting a high retail price that few people ever pay.
But here's another good article about how inflated "original" prices can still serve a useful purpose, by giving shoppers a reference point for value comparison - http://business.time.com/2013/.....aningless/
Some retailers post both the MSRP as well as the price the item sold for on their site before the discount. I find that more accurate. What do you think? Take the poll and add your opinion in the comments.