Keywords: 7-Eleven Good Callâ„¢
7 Eleven price items as $4.49 for example as indicated in the picture above.
If i give $4.50 in cash, i do not get any change back as there isn't one cents in circulation.
Is this deceptive marketing where 7 Eleven price things lower and customers actually paid a higher price?
One cent may seem like nothing; if this pricing strategy apply to all 7 Eleven outlets throughout the entire world, multiply by a billion customers a day over the next 200 years (might be longer) of 7 Eleven operations; investing that profit into property and blue chip stocks portfolio with compounding interests. That would be significant amount of money supposedly entering the pockets of the bosses.
How is this being tax from the government point of view?
Is there nothing wrong in manipulating customers to think they had paid a lower price for the product when most may not even count their change or find no point in arguing for one cent?
What could other businesses and brands learn from this pricing strategy and price their own products in the same manner to manipulate the psychology of sheep like customers into gaining higher profits for the bosses?
How does this reflect in the values of 7 Eleven in the about section of their web page? retail australia melbourne retail melbourne australia |