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by qnleigh
336 days ago
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I think the point is that, on the whole, sales manipulate consumers into spending -more- money than they otherwise would have. Of course this isn't true for every person all the time, but on average I suspect it is; sales are common partly because they actually lead to more revenue, despite the discount. |
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They do because people who can't afford full price will wait to buy on sale. Whereas people who can afford full price will often just buy it when they want it for instant satisfaction.
So they get mostly full price from people who can pay full price, and make it accessible to people who can't afford it at full price.