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Honored Contributor
Posts: 32,629
Registered: ‎05-10-2010

Re: What exactly is gouging?


@Group 5 minus 1 wrote:

@frenchie Yes, that is what I am saying. On one post someone said the clothing prices are goughing prices. But,you do not HAVE to have $100.00 jeans.

 

That's the point I was trying to make.  So what if a top is $80 or jeans are $120?  I don't understand why that would bother people.  Nothing here at QVC is necessary or even unique.   I don't understand the constant complaining about prices.  I certainly can't afford everything I like whether it's online or b&m.  Very few people can but people don't whine about it.  Perhaps it's just the psychology of this particular board.  


 

Respected Contributor
Posts: 3,134
Registered: ‎03-02-2016

Re: What exactly is gouging?

[ Edited ]

Yes, it is gouging. Seafood especially. I remember buying lobster for $5 for a whole live lobster in my town. QVC’s price was $75 per lb., and that was just for a frozen tail. Gouging definitely. High prices for less quality. SG, Logo, come to mind.
Gas and oil CEO’s raising prices to consumers just because they can. They could lower prices by a dollar and still make the obscene profits the have been making all along. In our area Every year on Memorial Day gas prices increase. It is the start of summer and they want to take advantage of the tourist. These companies have been doing it for decades so the pandemic has nothing to do with it. Just pure greed and gouging. To me price gouging is not just for necessities.

Trusted Contributor
Posts: 1,113
Registered: ‎03-12-2010

Re: What exactly is gouging?

Every year just before memorial day we say the gas prices will go up anytime now. And they do, but we are given different reasons. We know better. Yes goughing.

Super Contributor
Posts: 449
Registered: ‎08-13-2020

Re: What exactly is gouging?

Gouging happens with items that people need to buy, and\or is not widely available in the current circumstances - gas, water, baby formula, etc. We hear a lot about gouging after natural disasters. Seventy-five dollar designer bathrobes or forty-five dollar tops are not companies taking advantage of a need.
Honored Contributor
Posts: 13,942
Registered: ‎03-09-2010

Re: What exactly is gouging?


@Group 5 minus 1 wrote:

To make someone pay too much for something. Overcharge

I do not think the Q is price gouging! We have a choice not to buy.

On another note at one time in this state(MI) our governor was charged with it concerning gas prices.

I think these high clothing prices are a result of inflation and do not think the Q has much choice. 

I do not see good things ahead for the Q.


 

Price gouging is what oil/gas companies and all huge corporations are doing every day now.  They are making record high profits during inflation so it's clear they are price gouging. Our choice to buy has nothing to do with it.

 

Nothing gets under my skin more than people's naivete about big corporations whether it comes to production, prices, or employment practices/policies.

 

People need to price shop. Almost everything on Q can be found for less elsewhere....clothes, mattresses, recliners, electronics, gold, food, kitchen, other company brands (ie: Lands End), etc etc etc. Q is not price competitive.

 

That said, Q dug its own hole when it comes to their future. They repeat the same dozen or so products (or variations of) over and over and over and over. Their hosts behave like pre-teens and their chatter about everything except the products is ridiculous. Too many people fall for the ploy to get them to think hosts are more than salespeople on tv. Q needs a massive overhaul if they are going to survive.

 

Honored Contributor
Posts: 14,241
Registered: ‎03-11-2010

Re: What exactly is gouging?

[ Edited ]

It is gouging ONLY if it is a needful thing (gasoline,etc.). One does not need $$ jeans or food items. Now if you elect to pay the prices that is your choice.

And I think some have misinterpreted the meaning.

Honored Contributor
Posts: 13,942
Registered: ‎03-09-2010

Re: What exactly is gouging?


@Group 5 minus 1 wrote:

It is gouging ONLY if it is a needful thing (gasoline,etc.). One does not need $$ jeans or food items. Now if you elect to pay the prices that is your choice.

And I think some have misinterpreted the meaning.


 

Price gouging doesn't know or care if one needs something or wants something. ALL big corporations are taking advantage of the world-wide economy to make record high profits.

Esteemed Contributor
Posts: 6,146
Registered: ‎06-04-2012

Re: What exactly is gouging?


@Kachina624 wrote:

@Group 5 minus 1    I do think there's a lot of price gouging going on by retailers.  There's no justification for some of the huge price increases I've seen.

 

For instance, the jewelry store where I get my watch batteries replaced has suddenly gone from $10 to $16 per watch.  They are taking advantage of the inflationary situation we're currently in.  I told them adiĂłs, I'd go elsewhere.  Greedy.

 

Once prices rise to this level, it's doubtful they'll ever be lowered.


@Kachina624   Eeek $16!  I've found a couple of places for $10 ea for my bulk lot and that is dealer pricing.

 

I bought a watch link and battery changer tool kit from the big A.  Differing opinions from my fellow dealers, most say changing watch batteries is a time waster with potential damage done to the watches, one says not too hard to change a battery.

 

At this point I'm happy to try to take off links from a too big watch that I'm keeping for myself.

Super Contributor
Posts: 449
Registered: ‎08-13-2020

Re: What exactly is gouging?

With gouging, businesses have you over a barrel because you need something and can't get it anywhere else, so you don't really have a choice. Those end boutiques and department stores have customers who want to spend their money there, rather than go to Walmart, Target, etc to get stuff for less.

When gouging is in the news, it isn't for discretionary items. I hear about gas, water, etc. If you're in a disaster area, you might see gouging for plywood and building materials.
Honored Contributor
Posts: 8,445
Registered: ‎01-22-2012

Re: What exactly is gouging?

Grocers and eggs is pure gouging. And now they're keeping high prices for sometimes a week before expiration and lowering prices. 

I guess the chickens are in depression over inflation and laying less.