Can someone tell me why a product is cheaper in the week than at the weekend?!
Answers: I went to the local Somerfield supermarket on Saturday and looked at their bottles of cough medicine, it was their own brand and it was ￡3.28. The same product today was at ￡1.25 - why? Also the same supermarket sells Whiskas cat milk at 69p a bottle, the same shop 8 miles away sells the same milk but for 73p and this is also on other items as well - why the discrepancy?
Markets will adjust their prices due to supply and demand. If a market has a surplus of the cough medicine, they may drop the price to get consumers to buy more. The discrepancy between stores can be influenced by supply and demand and also what price the market is paying their wholesaler and the distribution companies. Maybe one market gets a better deal on the cat milk than the other market, so they can sell it a bit cheaper.
more people shop at weekend
it is cheaper because less people do their shopping on the weekends rather than during the week!
I have never noticed the difference, but my aunt swears the prices are higher on weekends and also around the time of the month that ppl get their welfare checks and social security. I shop on Thursdays or Friday and the grocer that I shop at has a flyer with sales like buy one box of cereal and get two free, etc. But sometimes I notice that the price was lower previously for that particular cereal. In other words, they have you coming and going.
the cough mixture doesnt sound right at all and i wonder if they made a mistake in the price. with regard to the cat milk quiet often shops will price according to the competition they face therefore it doesnt necessarily cost the same in all thier stores.
my theory is supply. with more demand you charge less but the demand sells more, while in weekends the demand for the product is smaller. companies know that and make less. but to make a higher profit they rake up the prices
Well most supermarkets in the U.S. start sales on Sunday, If it is the same where you are then that could explain the price difference in the cough medicine.
The cat milk is probably a another issue, some stores have different prices by region/area due to higher theft or rent.
Because in weekend the market is more active and more buyers.
They are trying to get people shopping with them during the week as well as weekend. They tend to stock shelves more at weekend so some stuff not bought will have a short sell by date in the week, so getting some money back is better than throwing it away