Setting Bonus Prices and the FTC
I first saw this in the Copywriting Forum and it makes me wonder how in the world the FTC can tell us what kind of value we should put on the products we sell? I mean how can they tell me what the value of a product I created is? You can read the FTC standard here.
What gets me is their example of someone selling a pen. The merchant marks the pen up to $10 for a few days and doesn't get a sale, then he lowers the price to $7.50 and says it's a sale and terrific bargain. Ok, that can be misleading, but who are they to tell us what we can price our products and what the value of our bonus products are?
They also say that a the “reduced” price of a product is, in reality, probably just the seller's regular price. What a bunch of crap! How do they know this?! The U.S. Government never ceases to amaze me on how idiotic their thinking can be. What do you guys think?
I just mentioned a couple of things in those "standards." To me it seems like the FTC would just rather not see anyone buying or selling anything at all. I understand that there has to be laws and regulation because of dishonesty, but it seems the FTC's so called standards and guidelines are just a way to try and trap people so they can rake in the bucks by suing honest merchants.
What gets me is their example of someone selling a pen. The merchant marks the pen up to $10 for a few days and doesn't get a sale, then he lowers the price to $7.50 and says it's a sale and terrific bargain. Ok, that can be misleading, but who are they to tell us what we can price our products and what the value of our bonus products are?
They also say that a the “reduced” price of a product is, in reality, probably just the seller's regular price. What a bunch of crap! How do they know this?! The U.S. Government never ceases to amaze me on how idiotic their thinking can be. What do you guys think?
I just mentioned a couple of things in those "standards." To me it seems like the FTC would just rather not see anyone buying or selling anything at all. I understand that there has to be laws and regulation because of dishonesty, but it seems the FTC's so called standards and guidelines are just a way to try and trap people so they can rake in the bucks by suing honest merchants.
--- Work Smart... Not Hard ---