Tag Archives: Pricing psychology

How Fake Discounts Are Created and Why They Work

fake discounts explained

American shoppers face constant bombardment with seemingly incredible deals. Store displays scream “SALE! 60% OFF!” and “Black Friday Specials” that promise massive savings. Many of these offers aren’t genuine markdowns at all. Research from Consumers’ Checkbook reveals a troubling pattern. Their six-month study tracked 25 major retailers across the United States. The findings show most …