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12. And don’t miss friends and family sales. These discounted events may seem exclusive, but most stores will honor price cuts for everyone. All you have to do is text the word ‘JOIN’ to 73277 to become a part of Sears’ family. And Bloomingdales’ online event is open to anyone who uses the promo code “FRIENDS” at checkout.
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Are other companies doing this? Four researchers in Catalonia tried to answer the question with dummy computers that mimicked the web-browsing patterns of either “affluent” or “budget conscious” customers for a week. When the personae went “shopping,” they weren’t shown different prices for the same goods. They were shown different goods. The average price of the headphones suggested for the affluent personae was four times the price of those suggested for the budget-conscious personae. Another experiment demonstrated a more direct form of price discrimination: Computers with addresses in greater Boston were shown lower prices than those in more-remote parts of Massachusetts on identical goods.
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His latest book, The People vs. Democracy: Why Our Freedom Is in Danger and How to Save It, will be published on March 5. An excerpt adapted from the book ran in The Atlantic’s March issue. I spoke with Mounk earlier this month about his research, the meaning of populism, and the question of how democratic societies cope with immigration, among other things. What follows is a transcript of our conversation, edited for length and clarity.
Customers, meanwhile, could recover some of their lost agency by clipping coupons—their chance to get a deal denied to casual shoppers. The new supermarket chains of the 1940s made coupons a staple of American life. What the big grocers knew—and what behavioral economists would later prove in detail—is that while consumers liked the assurance the truce afforded (that they would not be fleeced), they also retained the instinct to best their neighbors. They loved deals so much that, to make sense of their behavior, economists were forced to distinguish between two types of value: acquisition value (the perceived worth of a new car to the buyer) and transaction value (the feeling that one lost or won the negotiation at the dealership).
Context, of course, is everything. Trump may well have been joking (CNN hasn’t yet released the audio of the remarks), but his comments about Xi’s hold on power in China, a Communist dictatorship, add to Trump’s long history of offering support or even outright praise for dictators and strongmen the world over.  
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Other great finds can be found in the pet section, where essentials like waste bags and shampoo are deeply discounted and toys start at $3.99 (though I might avoid these if your pooch is a heavy chewer since they aren’t the most durable).
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The growth of e-commerce has hit retailers hard. In Elmira, N.Y., the local mall is struggling to find new tenants and attract shoppers. Video: Jeff Bush/WSJ. Photo: Mike Bradley for The Wall Street Journal
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8. Take advantage of price-drop alerts. I also like to bookmark items on my wish list on platforms like Pinterest, Polyvore, and Shopstyle. Each site has an alert feature that notifies me when prices are marked down.
You can setup as many promo codes, coupons or discounts on as you need on PayWhirl. Promo codes are helpful for obvious reasons (customers love a good deal) however, if you don’t plan on using them you should disable the option in your account settings menu as they can also decrease conversion if codes are not easily found online.
Companies like General Motors found an up-front way of recovering some of the lost profit. In the 1920s, GM aligned its various car brands into a finely graduated price hierarchy: “Chevrolet for the hoi polloi,” Fortune cheap shopping in san francisco put it, “Pontiac … for the poor but proud, Oldsmobile for the comfortable but discreet, Buick for the striving, Cadillac for the rich.” The policy—“a car for every purse and purpose,” GM called it—was a means of customer sorting, but the customers did the sorting themselves. It kept the truce.

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