Target make an “oops?”
April 09, 2009 By: almostgotit Category: Uncategorized, budget, finances, household finances, marketing[Guest post by My Brilliant Brother]
Here’s a brief topic: I went to Target the other day to pick up a waffle iron. I went in thinking a waffle iron costs somewhere in the $30-$50 range.
So, I saw the $70 stainless version and I saw the $20 version and a few in between. I picked up the $20 version feeling very happy with my purchase.
On the way out, I saw at the end of the isle a bunch of rejects and there I saw a similar waffle iron for $5.98. The box was crushed but the iron itself appeared to be in good condition. So, I returned the $20 iron to the shelf, selected the reject and made my way to the cashier. To my surprise they had discounted it further to $2.98.
I got out of there keeping $30-$2.98=$27.02 in my pocket. This is the additional portion of the price that I was willing to pay but ended up keeping for myself rather than adding to Target’s coffers.
What did Target do wrong, if anything? And, what do I do with the money I saved?
April 9th, 2009 at 3:11 pm
BUY ICE CREAM!!
What’s the problem? I love getting deals. Maybe Target KNOWS I love getting deals. This might have been a “gimme” to make you feel *good* about Target, who knows?
April 9th, 2009 at 6:22 pm
methinks you’ll buy a book…
April 9th, 2009 at 8:48 pm
Now we know how much cost packaging adds to products …
April 10th, 2009 at 4:17 am
Errr at the risk of sounding like a religious old fogey…give it to the poor which Target definitely wouldn’t be doing with the profits you would have given them. Charity and a waffle iron…the Kingdom of God illustrated.
April 11th, 2009 at 1:04 am
Does it work? If not, you may need the rest for gas money and the $20 wafflemaker. If it does work, keep the $ and enter a bike ride.