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Senior Discounts -Why do old people pay less?


August1991

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3 hours ago, August1991 said:

In general, old people have more money than young people.

So, why do old people get discounts?

 

If some of these old people have more money, wouldn't it likely be because they have been working much longer?

"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it." Thomas Sowell

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Who cares?  It's not a universal policy.  If some businesses are doing it, they have their reasons.  It doesn't really changee much for the rest of us.  

"A man is no more entitled to an opinion for which he cannot account than he does for a pint of beer for which he cannot pay" - Anonymous

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Why seniors discounts?
Why do they advertise?
Why make coupons?

To get them to shop in your store.

Funniest thing I ever saw was doing retail. Everyone who had a monthly account and paid on time, we sent a coupon worth so much on anything in the store. A guy walked in and threw a handful at the teller and screamed not to waste his time with these goddam thing. Paid his $40 bill with Visa, stormed out and we picked up the $25 worth of coupons and sent them out to customers in the next cycle.
Once I sent and employee out and he papered all the windshields at the Grad ceremony with $100 off a computer on that Grad Day coupons. We watched from across the street as one guy tore it from his windshield wiper and marched like 200 yards from the parking lot to barge in and scream how dare we touch his car....

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On 3/13/2023 at 2:26 PM, impartialobserver said:

if you offer discounts.. it increases the probability of a sale

I find it incredible that among such a crowd of ardent free enterprise supporters anyone should have to explain something so obvious.

 

Edited by herbie
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On 3/13/2023 at 5:26 PM, impartialobserver said:

Discretionary pricing. There are certain groups that are perceived to have less discretionary income and so if you offer discounts.. it increases the probability of a sale. Older people are perceived to have less income due to being on fixed incomes (Social Security).

Disagree.

Old people vote (discretionary income or not).

https://ici.radio-canada.ca/nouvelle/1935036/transport-gratuit-65-ans-plus-montreal-juillet-stm

Edited by August1991
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On 7/12/2023 at 5:23 PM, herbie said:

I find it incredible that among such a crowd of ardent free enterprise supporters anyone should have to explain something so obvious.

 

Hey! What an idea!

Let's continue to reduce (or raise) the price until we find someone stupid enough to cross the line, raise their hand and say yes- I buy!

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