Prices

Online shop - difference between reduced price and new price. Which one should be more visible?

Online shop - difference between reduced price and new price. Which one should be more visible?
  1. How do you show discounted prices?
  2. Why you think there are price differences for the same product at different stores?
  3. Are online prices the same as in store prices?
  4. Why is it a good idea to compare prices before making a purchase?

How do you show discounted prices?

For example, a $20 item discounted to $15 should display “25% off” (and not “$5 off”), whereas items priced above $100 should generally display the discount in absolute numbers; for instance, a $1,000 item discounted to $900 should display “$100 off” (and not “10% off”).

Why you think there are price differences for the same product at different stores?

The store has to consider the cost to stock the item, the marketing involved to help sell it, and the money they'll need to pay the staff that helps you buy it. Different stores have different contracts with suppliers and that varies the cost they pay.

Are online prices the same as in store prices?

Often retailers will offer lower prices online for an item (whilst the same item is sold at a higher price in-store), arguing that their brick-and-mortar stores have higher overheads and hence, can charge higher prices for the same item.

Why is it a good idea to compare prices before making a purchase?

Comparing Prices Can Save You Money

The number one reason why you should compare prices for a product before you purchase it is pretty obvious: you get to save money. You could find the same product or a similar product for different prices at different stores.

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