I’m assuming the £8 is a sticker put in the item and not what it originally said, since it looks raised and like a sticker.
That leads me to believe the original price under the sticker is greater than £8, which makes the discount make sense. And makes it interesting because the lowest a store could set a single unit and maintain the price curve is £8.
Well sure - they put one sticker on and it solved everything. Are you suggesting they should have put a sticker to adjust the price of a single item and then also put another sticker on to hide the 3x item? That’s not only a waste of stickers and time, it also really doesn’t add or remove anything from the situation.
I’d argue you are the mildly infuriating part of this scenario at this point.
I’m not sure what you’re suggesting was solved. You’re positing scenarios whereas I’m presenting facts - the photo. Which, for the consumer, is mildly infuriating.
Let’s say for arguments sake the original price was 10. Now say you wanted to buy three, but there was only two choices: 10 each, or 2 for 16. Then you would end up paying 26. But with 3 for 24 it is still saving you money.
Yes I’m aware of this, I’m just saying that arbitrarily speculating on the potential original price for 1 item does nothing to change the current actual situation. If the cost was £10 for 1, I wouldn’t have bothered taking a photo.
Alternatively you could take the viewpoint that Next has already worked out that the price of 1 shirt is a minimum of £8, hence the costings for multiple units. Any price they put over £8 for 1 unit is additional profit, while the expected revenue per unit is £8+n where n is substantially close to zero. Latterly reducing the cost of 1 item does nothing except imply a perceived saving.
Additionally, the 2x and 3x offerings are not, and were never, discounted. The sticker reduces the price of 1 shirt, but if you were in the market for two, there’s no saving based on when you buy them. There might have been a saving originally, we assume, against the cost of buying 1 twice, but that’s irrelevant if you want two shirts at any point. Obviously the pricing would have been to incentivise the purchase of two when you would potentially only have bought one, so that is the driver for the sale, at which point the price per shirt is £8, and remains £8 per shirt for any multiple purchase, both before and after the sticker price amendment.
Yes I’m aware of this, I’m just saying that arbitrarily speculating on the potential original price for 1 item does nothing to change the current actual situation. If the cost was £10 for 1, I wouldn’t have bothered taking a photo.
Alternatively you could take the viewpoint that Next has already worked out that the price of 1 shirt is a minimum of £8, hence the costings for multiple units. Any price they put over £8 for 1 unit is additional profit, while the expected revenue per unit is £8+n when n is substantially close to zero. Latterly reducing the cost of 1 item does nothing except imply a perceived saving.
I’m assuming the £8 is a sticker put in the item and not what it originally said, since it looks raised and like a sticker.
That leads me to believe the original price under the sticker is greater than £8, which makes the discount make sense. And makes it interesting because the lowest a store could set a single unit and maintain the price curve is £8.
Exactly. In which case the 3x price is redundant.
There is no curve.
Well sure - they put one sticker on and it solved everything. Are you suggesting they should have put a sticker to adjust the price of a single item and then also put another sticker on to hide the 3x item? That’s not only a waste of stickers and time, it also really doesn’t add or remove anything from the situation.
I’d argue you are the mildly infuriating part of this scenario at this point.
I’m not sure what you’re suggesting was solved. You’re positing scenarios whereas I’m presenting facts - the photo. Which, for the consumer, is mildly infuriating.
It “solved” the singular and bulk pricing. If they chose a lesser value for the single item, then the more you bought, it’d get more expensive.
They gave you the cheapest price for quantity. That’s both a scenario and reality.
Yes - we don’t know what the original price was for 1x. You’re assuming it was more than £8. It could have been £5 - we’ll never know.
Either way, it doesn’t change the current value proposition for the customer, which is that a bulk purchase is meaningless.
Let’s say for arguments sake the original price was 10. Now say you wanted to buy three, but there was only two choices: 10 each, or 2 for 16. Then you would end up paying 26. But with 3 for 24 it is still saving you money.
Yes I’m aware of this, I’m just saying that arbitrarily speculating on the potential original price for 1 item does nothing to change the current actual situation. If the cost was £10 for 1, I wouldn’t have bothered taking a photo.
Alternatively you could take the viewpoint that Next has already worked out that the price of 1 shirt is a minimum of £8, hence the costings for multiple units. Any price they put over £8 for 1 unit is additional profit, while the expected revenue per unit is £8+n where n is substantially close to zero. Latterly reducing the cost of 1 item does nothing except imply a perceived saving.
Additionally, the 2x and 3x offerings are not, and were never, discounted. The sticker reduces the price of 1 shirt, but if you were in the market for two, there’s no saving based on when you buy them. There might have been a saving originally, we assume, against the cost of buying 1 twice, but that’s irrelevant if you want two shirts at any point. Obviously the pricing would have been to incentivise the purchase of two when you would potentially only have bought one, so that is the driver for the sale, at which point the price per shirt is £8, and remains £8 per shirt for any multiple purchase, both before and after the sticker price amendment.
Yes I’m aware of this, I’m just saying that arbitrarily speculating on the potential original price for 1 item does nothing to change the current actual situation. If the cost was £10 for 1, I wouldn’t have bothered taking a photo.
Alternatively you could take the viewpoint that Next has already worked out that the price of 1 shirt is a minimum of £8, hence the costings for multiple units. Any price they put over £8 for 1 unit is additional profit, while the expected revenue per unit is £8+n when n is substantially close to zero. Latterly reducing the cost of 1 item does nothing except imply a perceived saving.