Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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#3
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Correct.
For example, they are offering Keurig K Express coffee makers for $60, which they say is reduced from $110. The problem is that you can buy these coffee makers for less than $80 at any time in almost any store. This is deceptive advertising that the FTC should be prosecuting and fining them for. After all, it is their job. |
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#4
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Quote:
Keurig says the list price for that model is $109.99. Where is the deception? Amazon shows the price history for many (most? all?) items. Amazon shows this model has been priced around $90 for the last 30 days. $30 off (33%) seems like a pretty good bargain to me. Keurig will sell the unit for $69.99 Walmart will sell the unit for $95.99 Amazon will sell the unit for $59.99 I could not find the unit in any other store even after spending time searching. I was going to write that I'll take convenience even if it costs a little more but in this case, convenience appears to be less expensive too.
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Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough |
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#5
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"How the FTC Evaluates List Prices (16 CFR Part 233) Under the Guides Against Deceptive Pricing, regulatory authorities check if reference prices are honest or fabricated: • ✅ Genuine Prevailing Prices: Manufacturer list prices used for comparisons must reflect actual, prevailing market prices where substantial sales happen. • ⚠️ Fictitious Reference Rates: Advertising an inflated "list price" or fake MSRP that consumers never actually pay to create a false sense of savings is illegal. • ������ Substantial Sales Requirement: A comparative discount claim is deceptive if the item was never regularly sold at the higher "list" reference price in the local trade area." Amazon is not alone in this deception. Every time there is a holiday with a sale, many stores will advertise a bogus high price for these Keurig coffee makers. Someone needs to be a terrible shopper to ever pay the stated list price for these products. If consumers never actually pay the list price, the FTC says that using that price in an ad is illegal (see bullet Nos. 2 and 3 above). This Keurig coffee maker scam has been going on for years, and it doesn't seem that the FTC is doing anything to stop it. |
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#7
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It could even be difficult accusing Keurig of giving a phony MSRP that no one ever actually pays. We have long been accustomed to automobile manufacturers providing a MSRP that few actually pay. Perhaps most manufacturers provide a suggested price to the retailer that a consumer never sees; we're just seeing the MSRP in this case as Amazon uses it for marketing. It seems like I've seen a discussion before about the legality of a manufacturer forcing a retailer to set a particular price that must be charged. If that is the case, the MSRP remains the MSRP even if some/many/most retailers choose to sell below it. Amazon does differentiate between list price/MSRP and typical price. In the case of the Keurig the price shown is labeled as the list price.
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough |
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#9
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I guess you could make a case that Keurig is not doing anything illegal because there is nothing wrong with listing and selling the product for $110, if a retailer could get someone to pay that much. |
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#10
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Amazon is not advertising that they are discounting the product by 46%. The page clearly states it is 46% off the list price. Hovering over the 'i' for information says the list price is the MSRP. The MSRP is $109.99 and the price is $59.99 which is 45% less. Nothing at all deceptive about that. If a consumer misunderstands or doesn't make an attempt at understanding, that is something not under Amazon's control. It would be deceptive if Amazon advertised that the typical sales price was $109.99, but they don't. Under the "Price History" button they show the price of the product for the past 30 days which was about $90. I didn't "admit" that the discount was 33%, I just did the math that shows the $60 current price is 33% less than the $90 that the product has been selling for over the last 30 days. Not deceptive, not confusing, all right there on the page in black, blue, gray, red, and white.
__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough |
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