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The Great 'Secret price codes and what they stand for' Hunt
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Former_MSE_Debs
Posts: 890 Forumite
Great 'Secret price codes and what they stand for' Hunt
Stickers and pencil marks seem to be the biggies, but we want to tap MoneySavers' knowledge to find out as many retail trade tricks as possible before Xmas/New Year sales.
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If you use Costco keep an eye out for prices ending in 97p
This means the item has had a reduction & is on the way out.0 -
The same thing applies to Dixons (Currys, PC World, Dixons Travel), prices ending in x.97 are clearance codes.You wanna hear about my new obsession?
I'm riding high upon a deep recession...0 -
obvious one in tesco is a ticket that says price cut means that they are either goin out from a store or looking at going.
sometimes they just put a little * in the corner of the label or a tiny discontinued in the corner0 -
Not sure if it is still the case, but when I worked in NEXT, the products going into the sale, would be marked with their sale price, in pencil. This started happening a month before a big sales event. If they still do it, it you would see on the price tag in pencil a 0000xxxx0000 (think it was four zeros, could be two). Where there x’s are would be numbers and these number refered to the sale price. i.e. 000014990000 = a sale price of £14.99.0
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When I used to work in River Island, sale items would be marked on the paper label with a dot if they were going into the Christmas sale, this would happen from late August to October.
Somewhere just after or even in the last few weeks of this time, prices would be added. If an item was for example going to be £15 it would be written as 0015. If it was going to be £5 it would be pencilled in as 0005.
When it got closer and if there was room in the stock room, some items would vanish from the shop floor and would be packed off to head office to be redistributed nearer the sale time, but as it got closer to the mark, later pulled items would remain on the shop floor, so if your ever after an item and it vanishes entirely and its near to the sale time, wait and its likely to reappear as a reduced item.0 -
For PC World and Currys and product with a price tag ending in 98p has been discontinued. This will see a small reduction in price. Often there where be plenty of stock of these items across several stores.
Any product with a price ending in 97p will be classified as clearance. The clearance items are being sold at cost or less, however there may still be cheaper places to buy the same product. Normally these products will be in short supply possibly the last one left across all stores. Often there will be periods where the team will be told to prioritise the sale of these products, normally around the boxing day, new year and bank holiday sales.
Desktops and Laptops can often be Pre-owned or Ex-Display but still come with a full guarantee. One thing to remember is if it does go wrong and you are offered a replacement it is suppose to match on specification not price, with exception if you were aware that it was pre-owned or ex demo (it says it on the receipt). So if it goes wrong soon after purchase you need to push your case. Quite often a phone call to the customer service department at head office by either the staff in store or by yourself can yield a gift voucher making up the difference in cost. The store staff hate doing discount. This comes from plenty of experience of doing this when I used to work there as the Sock Integrity Specialist many years ago.0 -
ijburridge wrote: »This comes from plenty of experience of doing this when I used to work there as the Sock Integrity Specialist many years ago.0
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I think it is what used to be called "the store man", intended to control the stock from the predations and carelessness of the workers.0
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