questions → what percent off the original price do you think…

vote-for33vote-against

What percent off the original price do YOU think makes or breaks a deal?

Feb 21, 2012 5:05 PM

For me, a deal is if it is 10% off and free shipping. This is about my sales tax rate here so if I can buy something and not pay tax on it, I would consider that a deal. However, this is only for items that I need or have been looking for for a while, not impulse buys.

In order for me to consider to buy something that I want (not need) the discount needs to be much higher. Probably around 30% off the original price.

So need items must be more than 10% off.
Impulse items must be more than 30% off.

What are your percentage points for need items and impulse items?

aspiringarchitect aspiringarchitect

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vote-for5vote-against

too much math going on here, i jus look for good deals and buy if it's something i'd need (or maybe want :) )

drsilentg drsilentg
vote-for16vote-against

Part of the equation for me is the standard street price.

If something costs $10, then 20% isn't that big a deal. It's a good deal, but not enough to make me jump on something I was already on the fence about.

But 20% off of $100 item is much more compelling.

20% off a car would be an insane deal.

anotherhiggins anotherhiggins
vote-for9vote-against

depends on whether the original price was reasonable or not.

kamikazeken kamikazeken
vote-for4vote-against

The original price definitely makes a difference. 5% off a $10 item is basically nothing. 5% off a $1,000 item isn't bad.

Generally speaking though, I suppose if something is 20%+ off list I become more inclined to buy it. It's really a grabbag of need/ desire/ the deal/ impulse.

There have been a few times (mostly with video games) that I've bought it despite not having a super high level of interest simply because it's a great deal. These instances have been around 50% or more though. 20% off list for a game of low to moderate interest wouldn't be enough.

I guess it's really circumstantial.

thedogma thedogma
vote-for4vote-against

If it is something I can wait for and don't really need AND can anticipate a better sale, 50% off will do it for me.

klozitshoper klozitshoper
vote-for2vote-against

I don't really look at original price, a lot of things drop in value when new versions come out, so the "Original Price" is the latest technology 1+ years ago. I go by what I would get from another store/site, what I think item X is worth, and can I justify paying whatever the price is.

Looking for deals and wasting money can often go hand in hand.

dukeboarder dukeboarder
vote-for2vote-against

@anotherhiggins: That makes sense on the short term. But I prefer to look at the % savings versus total dollars to account for the aggregate effect of all my purchases. Sure saving 20% off a car is a pretty good savings, but saving 20% on numerous small items can quickly add up to that same amount or even surpass it. For instance if you find 10 $10 items that are each 20% off, in the long run you are getting the same deal as the 1 $100 item for 20% off that you mentioned in your post.

mortar235 mortar235
vote-for7vote-against

10% off is a good price.
20% off is a sale.
30% off is a deal.
40% off is a bargain.
50% off is basically "buy one, get one free".
60% off is a steal.
70% off is a clearance.
80% off is too good too pass up.
90% off is a liquidation.
100% off is what usually gets you 5 years in the state penitentiary.

wingnutzero wingnutzero
vote-for2vote-against

@wingnutzero: 101% OFF (actually being paid by the cashier/store to take their merchandise) is a common occurrence for my family when we coupon shop.

kamikazeken kamikazeken

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Feb 21, 2012 5:05 PM
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