Pennywise Pound Foolish? - How To Truly Save Money
It is human nature to want to get the best
deal possible, especially if you are on a limited budget. However, the lowest cost product, or the
lowest cost supplier, may not be truly the lowest cost
An example is that the cheapest
clothes may cost you much more in the long run.Surprisingly my sweatshirts from Ralph Lauren, which I have worn for
over three years, are still decent, while the lowest cost sweatshirts of
similar design, were virtually unusable within a few
months.
Many of these brand name clothes are
available quite inexpensively at thrift shops or clearance outlets if you are
on a low budget.
Some manufacturers have
what is called MAP pricing (minimum advertised pricing) restrictions that prevent free competition. It was
originally designed by the government many years ago for a completely different purpose, to help companies offer adverising such as costly catalog positioning. However, over time companies have used it to change laws and force companies like us to only advertise and price at MAP.
Furthermore, many small unscrupulous companies advertise below MAP.
Nevertheless,
we understand the desire to buy at the lowest price. Therefore, we do have a low price guarantee. Items that are MAP priced can be
sold at a lower price if there is another supplier who is violating MAP - hence our low price guarantee.
The Economics of Buying the Right Stuff.
Many of you probably have to work
and purchase medication when you feel ill. Imagine how much you are actually losing if you cannot go to work or
need to go to doctors and purchase medication.
It is unfortunate that many
companies are only interested in making money even at the cost of low
ethics. An example of this is the fact
that some US companies develop new unnecessary chemicals in the tens of thousands every
year. Many are extremely toxic. If they cannot sell it in the US, they will
sell it to foreign countries that do not have the same health laws as we do. --
The extremely popular Ionic plate air purifiers not only don't work very well,
they also produce toxic ozone. However,
they are so cheap to produce, the companies have so much money to advertise and
fight numerous class action lawsuits.
Therefore, I highly encourage you to
be careful not to buy the lowest cost product or the most highly advertised
products without research. Even, so
called independent testing agencies can be swayed by money.
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