By Gregory Karp
(MCT)—Retailers spend a lot of time, money and effort to entice you to buy merchandise in their stores. And salespeople are skilled at persuading undecided shoppers to open their wallets, even when they hadn’t intended to.
Many tricks, tactics and strategies can lead to paying lower prices in the store or reaping better value from the money you spend.
Here are some examples:
—Decipher price tags. Sometimes retailers use secret price codes. A glance at a price tag will tell you whether an item is truly on sale or clearance. For example, Costco Wholesale prices ending in .97 instead of .99 indicates a markdown, says personal finance guru Clark Howard, whose new book is “Clark Howard’s Living Large for the Long Haul.” At Target, prices ending in 9 are at full retail price, while prices ending in 8 or 6 are discounted but might be cut again. Those ending in 4 are the lowest they will get. At Sam’s Club, a “C” means it’s on clearance, and prices ending in the digit 1 signal the item is marked down below cost, Howard said. Similar systems are in effect for Home Depot, Gap, Old Navy, Sears and Office Depot, according to Lifehacker.com. As a general rule, a price ending in something other than 9 is a good sign.
Copyright© 2016 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.
Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com