this post was submitted on 12 Nov 2024
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And guess what, that works. (lemmy.world)
submitted 3 days ago by [email protected] to c/[email protected]
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[–] [email protected] 5 points 2 days ago

I remember that for a time, JC Penney focused on honest pricing and abandoned common predatory prices. They came close to bankruptcy and went back to their old ways. The psychology of feeling like we got a good deal is so ingrained into most people that it becomes difficult to run a business without those things