Tricks Stores Use To Make You Spend More Money
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- Опубликовано: 11 сен 2024
- Weirdest Things Businesses Do To Make You Spend Money! Subscribe to @LawByMike for more tips!
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W ❤
And even after watching this I’ll still fall for it
Hey buddy I've been watching for a year or two now and I've made a channel like yours and I want to show kids the law so I want you to make a video about the law please and let kids know their true freedom And rights they have I object to a no and invoke the fifth.
I've been seeing a lot more of the useful life tips content rather than law based stuff and I like it
😊
Mike is the final boss of lawyers
Final boss of “ethical” lawyers
What about lpl
ele pode até ser o boss final, porem Doutor Fran está em um nivel divino.
@@rustyscrewdrivr Jayoma on top 🗿
5th
Missed the part that casinos never have a single clock in sight.
Or windows
the slot machines are also just modified computers. And they can put out a lot of heat can be susceptible to over heating
@@therizinosaurus214what does this have to do with keeping you gambling for longer?
Not true
A lot of restaurants nowadays don't have clocks either
That last trick doesn't work on those of us who mentally round everything to the nearest dollar 😂
Meee lol
Everybody rounds it anyway, it's just that the perceived first impression still has an effect even if you know about it.
Nope, I’ve listened to customers audibly read off 4.89 burgers as being $4 when discussing pricing despite the fact they’re significantly closer to $5. Working fast food really sends home how effective price psychology can be :T
@@Boxygirl96to be fair people who eat fast food regularly have no self control anyway so i doubt they care too much about the price.
@@Boxygirl96Idk why, but it genuinely bothers me when ever people round down when it's pretty much a dollar up expecially because of tax
"They make prices end in .95 so you think its cheaper "
Me who rounds up numbers : I have no such weakness
Would you round up .95 to 1 or to .9?
@@Phqnk to 1 if I'm the one paying and to 9 if they are paying me
There are people who don’t do that? Are they _trying_ to get tricked into spending more money?
@@Phqnk .9 is smaller, that's not rounding up...
@@subpar_username4756You would be shocked by how many people just read the first number even if its 4.95
And you forgot one, your corporation will give ya free pizza for ‘appreciation’ instead of a raise.
its cheaper to give you pizza
but that has NOTHING to do with the video
Ah, yes, the "PLEASE DON'T UNIONIZE" staff appreciation pizza parties.
@@YourWaifuTrashliness why would anyone want to unionize? you're paying a third-party for the privilege to have a job
@@jabber1990
Company owner paying low wages: "why would anyone want to unionize." 😂
No.
"I think you're pulling a fast one on me"
"Candy?"
"OH YAY"
Sounds like a Ruan George exchange. 😂
Man be spilling secrets faster than anything
hey
Facts
Bruh, we’ve gotten so used to the .99 psychology trick that now they be using the .95 to trick us out of the .99 😭
It was the same principle when they started listing prices as $19.99 instead of outright saying $20. It wasn't so that they could technically say that it was under $20, it was because most people would see a "1" in the 10's place of the price instead of a "2" and immediately think "cheaper" without paying attention to all four numbers, therefore missing that it's only cheaper by a mere penny.
That's part of it.
But part of is also a historical reason. It was to stop Cashiers from taking money from the shop. Because if your boss is nearby and someone hands you a 10, you could either pretend to open the register (if it's one that makes a sound when opened) or just pocket the cash silently. So by forcing you to give the customer change, you're less likely to be able to sneakily steal from your employer. And I think some registers made a note of every time they're opened. So if some money didn't match up with the products sold for the day, you can immediately go to the cashier with your suspicions if it's likely that they're stealing from you.
The price seeming lower is also a part of it. But historically it's also just a lack of trust employers had with their employees and was meant to reduce the number of thefts.
@@JustAnotherPerson4U Was this before cash registers kept records or something? If the drawer starts out with $100 and the total purchases come out to $400 (so $500) but the final count comes out to $490 then it's obvious the cashier either stole or overpaid a customer.
I don't get why having to give a customer change affects this in any way.
@@kyuubinaruto17 That's if you open the cash drawer. If someone hands you a straight tenner or some other rounded price, as a dodgy cashier you just wouldn't bother to record the sale. Having them be forced to open it to give one pence back makes sure the sale is recorded.
Also, I imagine there are a lot of shops that use old style cash registers because it's cheaper for them.
I watched a Trump rally in the Bronx. He talked about how his father was a car salesman and did exactly what you were describing. I find it crazy that he lays out how manipulative his father and himself are, but people still don’t see half the things he says are manipulating people. I find it fascinating. I’m not a supporter of his, but this was relevant. It was a very good speech all around. Kamala and Hillary are just like nails on a chalkboard and Biden is just funny to laugh at in a sad way.
Exactly
For many people, not including the prices on the menu actually has the opposite effect: people assume the price is ridiculously high, and will therefore be turned away by default. Furthermore, it creates a situation where a customer asking for the price will have no time to think over whether or not they really want it, increasing the chance that they’ll default to no.
He just meant the $ symbol
19.95 for a single burger is actually crazy
It's true
@@itsJayden461nowhere will you find a fast food burger for $20 wtf dym
@@i_am_me_0019 Yes I have. They expensive af
People: Nah I ain't gonna fall for dat
Businesses: Oh really?
(dude why 1.8k likes)
_Gives candy_
@@LightCoreDragon there’s more in the van! Oh shi I forgot I work for a restaurant right now, gotta forget about my hobby-
@@RandomAviationEnjoyernah 😭
@@RandomAviationEnjoyerat least you like planes I think…
Its actually weird how my dad constantly falls for the price and candy trick. I have to constantly remind him
Remember: everything a company does, espacially if it is nice for you, it's to make money. Even more true if the company is big.
but look at the good side, they give you candy
candy is love, candy is life
Candy is better than woman
@@Poland-NA How about your mom though
@@epicgamerpro999 candy is better than a girlfriend but not better than a mom
@@Poland-NA real
The Chinese restaurants have been giving fortune cookies instead of candy for forever 😂
Better tbh.
Mike is the most interesting and wholesome lawyer that I have ever seen
I know
I'm Asian, even the President serving me won't make me to tip
Tipping it's not culture in here south Asian
Also some nightclubs will crank the heat up so you buy more alcohol
bro I get sleepy in the cold I'd fall asleep in a casino lmfao
That’s very common
@@rachelwilliams4865 yeah i know lol
Man is telling the Victoria's secret
The lack of showing prices online deters me from ordering
A casino that offers candy, is extremely cold and has no dollar signs will make you go bankrupt soon enough
The only Lawyer who would beat Saul everytime 😂
Wait, if it’s so cold in the casino, wouldn’t that just make people want to leave faster?
Men who usually have more addictive tendencies are often colder and in places like Nevada where I ya got as hell it’s pleasing I dunno good point
Cold temp are better than hot temp
@@geraldogh7235 Rumor got out that jimmy john was drowning inside his bed. Medical assistance was swiftly called and jimmy John was luckily saved. But, the bed that jimmy John claimed was drowning him was to be sentenced to 5644677679954 milliseconds in prison. In the meantime, jimmy John had to get a new bed. He asked the owner of factory mattress if there was a mattress he could get that was not a criminal. The owner thought he was crazy, and told him to get any matress he wanted. Offended by this, jimmy John hit the owner in the face 32 times. Jimmy John was charged with assault and battery, and was sentenced to 1234 hours in prison at court. Jimmy John then started a gang to try and overthrow the officers but they were stopped. Thus, boo boo, jimmy John, was executed. YAY THE ENND☺️😊
In vegas in the summer, all you wanna do is be in the casino with cold AC
I’m not sure why he included that because it’s easier to sleep when it’s cold instead of hot. This is because your internal body temperature has to decrease in order to sleep.
Casinos also don’t have sharp corners to make the movement more subconscious
Me: "hey man! I said I wanted fry’s on the side! Not this garba-"
Him: *pulls out candy*
Me: "what was I saying?“
And let's not forget that they also leave taxes out of price tags
Ugh that one gets us Everytime.
Damn we're all sheep💀
The rule of reciprocity is huge. In a lot of stores it can increase sales by over 20%. Psychology is pretty cool.
wasn't .99 to make people think it cost less and now ur saying they do .95?
guess it evolved now lol
one day they'll just tell you to make the price a dollar lower
Where I work they end all the prices with a 9
4.59
2.39
1.49
3.09
That”oh yay” got me😂😂
Why not just don't go to places where you have pay?
theft is legal in most big cities now, so
@@jabber1990it's actually legal everywhere and always has.
Just as long as no one finds out
@@jabber1990I think Professor Toothpaste is referring to FREE places like the Parks and playgrounds. 😀😏😉💡🤔
@@karicewillisyooo, Hunting the nearest golden retriever for food
That last one is why I always round up when I factor cost.
At this point I’m convinced Mike knows Victoria’s Secret
Remember 99% of gamblers quit before winning big
Funny how everybody got so used to 99c that they had to turn it down to 95. 89 is next
For the casino, having so many people close together generates a lot of heat. Yes keeping it cool keeps you awake but at peak hours you'd have people passing out left and right if it wasn't for the AC blasting.
Weird Because More Coldness Makes Me More Tired Instead.
One of the few really insightful creators in the shorts business. Thanks Mike!
"No dollar signs" is my signal that I’m in the wrong restaurant.
No prices is my signal that I’m in the wrong restaurant 😅
I used to work at Walmart and part of the training included the fact that they used to NEVER end a price with a “9” or a “0” to be “more appealing” to the customer. Makes sense now
The candy one has worked on me
Additional fact: casinos uses chips for gambling instead of paper money to psychology make you think that youre not spending that much money
Luckily I don’t fall for these tricks 😀😁
A few things I learned.
1. Always round up everything to a 0 (eg- 19.99 = 20)
2. Compare the smallest and largest size (middle one is a decoy)
3. Tip 15% of your total bill (cuz the US can't afford to pay their own staff)
4. Compare grocery prizes for different stores (saves more money than you think)
5. Stick to the grocery list. If you see something you want then wait till you get all the items you require and check if that thing is still in your mind.
6. If you want something expensive that's more of a luxury then multiply the prize by ten and see if you can still afford to live comfortably. If you can't then you don't need it.
7. Obsessed over something online? Wait for a week before ordering it. If you still want it then go ahead.
8. The more crafty you are the less money you'll spend.
9. One dollar a day can get you 365 dollars at the end of the year. (Unless it's a leap year) so save as much as you can. Even if it's just one cent. It still counts!
10. Read your documents, know the benefits you can get and don't be stingy in using them!
11. Medical bills are expensive right? I know but did you know you can argue about it? Yeah a hospital shouldn't be charging you for skin to skin contact with your own baby!
12. A good lawyer is always a life saver.
13. You should know at least three medical professionals whom you can cross check with. (Just look who's a doctor in your extended famiy! Same goes for finance and IT! )
14. Stop using ott cuz it's beyond saving and start visiting your local library. It'll save you more money. (Some have free wifi to use)
15. Do a monthly check of all meds/makeup/packaged food/warranties/coupons/cables/taps/electronics etc. It'll save you from later hassel.
16. If you aren't using an electronic then unplug it. (Unless it's the fridge) it'll save you electricity. Turn off the lights if it's daylight or you aren't in the room. Trust me it adds up!
17. Keep all the possible entry points locked!
18. You have the worst kind of locks.... Don't put too much trust in them
19. Sleep with the door locked! It'll be s lifesaver in case of a fire.
20. A chapstick can be applied over a burn in case water isn't available. Lowers the chance of blisters forming.
21. Wet cloth over an oil fire stops the fire from spreading. Use sand in case of electric fire(Also works to block out pollution and smoke)
22. Keep your important documents, proof of identification, some money, spare clothes, shoes and a pocket knife all in one suitcase. Keep that suitcase in a closet you can access easily. This will be of major help in case you need to evacuate immediately. (I don't want you to loose your identity in an accident!)
Okay I'm done.... I'm not even American but I still somehow know about these tips so thought I'd share
W
That last one is a double trick- You say they price things at 95 cents rather than 99 cents to make people think they're less expensive than it actually is, but... It being 99 cents in the first place already does that. After all, someone sees $14.99, and they might think it's 'about fourteen dollars', which they wouldn't think if it just said $15.00.
But, the ninety-nine cents thing is just so normalized, that you didn't even mention, or possibly even really think about, it being a trick, just saying the occasion when it's actually priced at ninety-five cents is a trick.
First❤
"oh yay:D" he was too innocent😭
Not scamming, just slightly outsmarting the average person
I love Mike's way of presentation. He is funny and informative at the same time ❤
...and such manipulative tactics should be considered illegal tbh.
for those that do NOT know... casinos are very dirty as in both psychological and physical. most casinos to do -NOT have clocks, they do NOT have windows, they pump loud upbeat music, aromatic fragrences, and give free drinks because alcohol limits or lowers your inhibitions making you more likely to spend more and or spend more without realizing it... comps such as rooms make it to where you will spend more time there, free food is also there because if your full you dont need to worry about food, also many people AND BY MANY i will say almost 80% of all chairs have been either pissed, shitted or both pissed and shitted on..... also vomited, spit, sick people etc...
And they use 99 cents instead of a dollar to make the price seem smaller and to be annoying as hell!
I love how the 99 trick was made for the same reason as the 95, but it got so common it didn’t seem like a deal anymore.
Jokes on them, cold air makes me sleepy 😂
Anybody who has taken a business course knows how much psychology is used. Casinos are fascinating places in so many ways
Having prices with .99 at the end, also makes it harder to calculate the total price, when ordering multiple products.
Thank you.
For the tips, I will be looking out for them. And I hope everyone has a great day and learns from your videos.❤❤❤❤
Also grocery stores purposely put eggs, milk, and bread at the back to make you walk the entire store in hopes of things catching your eye.. things you didnt necessarily need.
Actually, casinos do this because the machines can overheat. I work in the casino industry. And they can get hot as hell our sever rooms that I have been in are set at 34 degrees Fahrenheit.
Trick for looking at prices of stuff always increases to the next full dollar.
$9.55 = $10
$3.25 = $4
$8.99= $9
It helps me to remember that the price put is trying to trick me.
Other tricks grocery stores always put their deli area in the fron of the store next to the door so the smell of food makes you hungry and you will buy more food.
Clothing departments are so crowded with items to force you to slow down and increase the chance of you buying something you didnt even come in for.
Once every 6 months a company will move products around a little to make you have to search for your favorite item so you might try something else that has a better profit margin on it.
One time Olive garden gave me a whole cup of chocolate 💀😭
Me who doesn't give a damn about leaving a tip.
Because i know for a fact that they're getting paid.
I don't care if a casino is literally the only thing there is to do. If I'm not warm, I'm leaving with my cash. Feeling warm and avoiding cold is literally what drives most of my decisions.
I always thought the peppermints were for your bad breath after eating their food, never thought it was a bribe 😂
Another trick for supermarkets:
They put the essentials like bread,milk,eggs,TP,detergent etc etc at the back
So by the time you actually get to them you pass through multiple isles with other products that you are sure to buy,even tho you don't really need them
Once i went to the store with my mom for BREAD and we came back with the basket almost full
Firstly:Writing 19.99 instead of 20 to fool us
Now:Writing 19.95 instead of 19.99 because we got smarter and they needed to fool us a different way
Fun fact, because I’m currently broke I’m always focusing on the price, often times more than the item
The .99 or .95 didn't come from trying to make them appear cheaper, it was originally an anti--theft measure (it forced cashiers to give a penny change instead of pote tially not interacting with the till)
My favorite is the small medium large might as well get large its such a good deal.
S $1.2 / M $2.5 / L $2.95
bro at the end got the "Cut The Rope" candy
They went to 95 cents from 99 because it started to click for everyone that they were paying a dollar more. In a few years, people will notice that also and they will go to 91 cents
Theres a 4th one that includes making pepole think that they outsmarted the system by making their small sized things cheap, and then making medium and large options Kind of expensive but making a small price gap between them so you think your scaming for the large not being so more expensive than medium and bait you into buying it
In the same vein, stores have some concessions such as candy and soda in the checkout lines which typically have higher or highest profit margins for the store.
Rip the restaurants doing some of that stuff
Hey your pulling a fast one on me "uhhhh Candy"!!!
Leaving the dollar signs off is annoying because some restaurants you order food by the number
In my experience, the lack of a dollar sign always tells me that the venue is more expensive. So it kind of has the opposite effect on me.
There's a trick that they do (exemple:)
1 ball ice cream: $ 5 00
2 ball ice cream: $ 10 00
3 ball ice cream: $ 13 00
Did you see the trick? Didn't, let me show you
They put a discount only in the most expensive one so you'll think that the best option is the most expensive one, right?
No, because you only get the most expensive, and he/she'll only get the money
No pricing on menu is also convenient for the restaurants as they can raise prices as desired with no need to change menus
In the US, always round up the price and add tax. It gives you a higher number but a welcome one. More money is better than not paying
That transition with the mint was fire
Mr Krabs better take notes😂
Yeah they charm priced charm pricings
over here in England the prices usually end in .99! An interesting difference between countries.
Lowering prices from .99 to .95 came about with online e-commerce and places like eBay . You show up before a lot of your competitors when sorted by price lowest to highest if you use 95 instead of 99
65 degrees (no colder) helps your body drop a couple degrees which naturally makes you tired because when you sleep your body actually drops a couple degrees in temp, about a 2 or 3 degrees fahrenheit.
Law By Mike is the best guy ever when I grow up to a adult now I know laws
"cold air keeps you awake" me who literally sleeps in my room at 17°C without a blanket:
Pro tip: never tip your waitress.
You are short staffed at your job and the waitress and work for the same company as you if they want higher compensation.
And that's why you always round up when calculating what your purchase is gonna cost
My daughter was taught the last one as soon as she could do math. She was shocked how much more things actually cost. It was even funnier the first time she paid with her own money and learned about sales tax.
I love living in a country with no tipping
“I think you pulling a fast one on me 😠 “
“Uhhh candy?”
“Oh yay :)” That got me laughing
The last "trick" always gives me a bad vibe when I go into a restaurant that does that.
A lot of the times, they also leave off the dot, or substitute it for a comma, and that just makes it feel worse.
I almost never return to those places.
the last one never works for me cause i always round everything up automatically
.99 is too obvious nowadays since the trick was disclosed decades ago. But .97 and .95 are rumored to be final sales prices and therefore inherently cheap. I have a feeling that in 5-10 years, we’ll have .90 or .80 to try and outrun the logical thinkers