tassia wrote:This practice is actually sanctioned by the owners...do not blame employees. There is of course many reasons..and I will just mention one why I removed price tag at my small computer accessories shop.
I started a shop with the hope of having the lowest prices in town and rightly put the price. The prices were so low, I could not afford to sell lower than that. But surprisingly, If you told a customer that the price is fixed, they would not buy. They want you to make a special price for them. So, what do I do, I remove the price tag and when a customer asks, I quote a higher price than my last price and when the ask for a discount, I mention my last price...and you know what, they will buy. But quite a good number of people do not check prices around and that is why I cannot believe some prices in some shops yet I when I compare to the price I know they buy at..an they sell just because they are in a good location.
Clearly, if your prices were lowest in the market, the customers would come back after shopping around
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.