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TrianguloY | 4 months ago

I've always wondered what would happen with a shop that never has sales. A shop where the prices are always the same, although they may occasionally increase them due to inflation, etc.

Such a shop will not get the surge of "oh look a discount, let me buy it" consumers, but people will probably realize that this way when you need something you can buy it on the spot, and it will always have the best price no matter when.

Does a shop like this exist, or existed?

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jasode|4 months ago

>I've always wondered what would happen with a shop that never has sales. A shop where the prices are always the same, [...] Does a shop like this exist, or existed?

An ex-Apple executive who ran the Apple retail stores tried that strategy with JC Penney and it didn't work:

https://www.google.com/search?q=jc+penny+everyday+low+price+...

rrrrrrrrrrrryan|4 months ago

It actually was beginning to work. Corners of the internet where people discuss clothing and fashion trends were starting to buzz about JC Penny randomly starting to have trendier higher quality stuff for reasonable prices, etc.

I think they would've needed a another year or two of runway though to turn the ship around and court an entirely new (non-overlapping) customer base, and the investors simply weren't willing to give them that much time.

Dylan16807|4 months ago

It's a useful case study, but without a memory erasing device changing strategy like that is different from being a shop that truly never has sales.

barney54|4 months ago

I don’t know of a shop that doesn’t have some sales at some time. Sales are just such powerful selling tools.

Factorio is a counter example. Factorio never goes on sale, which is kind of nice because when you buy it you know you couldn’t have gotten a better price, but without sales you aren’t as motivated to buy it for a lower price than usual.

Der_Einzige|4 months ago

Lots of shops run similarly to this in American/canadian/Japanese made men’s fashion. Example stores include Self edge, standard and strange, brave star selvedge, whites and nicks boots, etc only use sales for items that have small defects, were returns, etc.

It’s nice to see brands which refuse to play by fast fashions games and who sell their products based on their quality.

Of course, these brands will often takes weeks or months to get you your item due to the waitlists. You can’t even get on the waitlist for a ship John 24 ox Willis waxed canvas jacket because they’re back ordered 6+ months.

pjc50|4 months ago

Costco are pretty unobtrusive with their discounts. They have random coupons on things, but only for a small amount. Except, of course, for the famous inflation proofed loss leader $1.50 (£1.50 in the UK) hot dog.

bombcar|4 months ago

Business oriented stores can run this way. Places like McMaster Carr?

Walmart tried to advertise this for decades as “always low prices” which worked pretty well, but even they have clearance (need to rotate shelf space or excess inventory) and rollbacks (price matching someone somewhere).

They do not have Kohls style “50% off everything if you jump through these hoops”.

20after4|4 months ago

Walmart:

rollbacks = raise the price then reduce it and pretend you lowered prices.

clearance = stuff that's been on the shelf for years for barely discounted prices.

Their tech clearances are often ridiculous. Things like 2GB sd cards for $25, marked down from $30 but that $30 price was from 10 years ago when 2GB was considered a large sd card.

Spooky23|4 months ago

It only works for things that are price inelastic. Usually luxury or more high end products. Good examples are Rolex, Apple, Sony in the old days.

Otherwise price is elastic and using price change to tweak sales when demand slacks or oversupply exists is smart business.

robocat|4 months ago

Elasticity occurs in a competitive market with variable prices - it is a property that is measured as demand and supply vary.

When a monopoly manufacturer sets the price of a good that has no equivalent, talking about elasticity makes no sense.

averageRoyalty|4 months ago

I don't know what country you're in, but most normal shops I see work exactly that way. Some have sales once or twice a year, but most don't.

Jallal|4 months ago

Speaking from France, but this is one aspect of Decathlon (retail shop specialized in sport). It has been thriving for years.

brorfred|4 months ago

I think Trader Joe's is as close as you get to it?