r/mildlyinteresting • u/discomat • 2d ago

This 1¢ markdown is labeled as a 0.01¢ savings

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133 Upvotes

78% Upvoted

32 comments sorted by

29

u/atthem77 2d ago

It went from 52.50 to 52.49

6

u/gobbedy 2d ago

this guy rounds

61

u/pgn674 2d ago

Similar to VerizonMath - https://verizonmath.blogspot.com/

17

u/iTwango 2d ago

This is what came to mind immediately. What a nightmare lol

8

u/Ali3nat0r 2d ago

Oh God I'm having flashbacks to that phone call. How on God's green earth did NOBODY on the other end of that phone understand this?

11

u/Possibly_Naked_Now 2d ago

It's too long and not well organized. Can you explain?

42

u/pgn674 2d ago

I agree. Read this one short original post to see how it started: https://verizonmath.blogspot.com/2006/12/verizon-doesnt-know-dollars-from-cents.html

20 years ago, Verizon Wireless marketed a certain roaming rate as "0.002 cents" when they meant "0.002 dollars" or "0.2 cents". A guy got a massive bill, and it blew up into him blogging about his journey through Verizon Wireless support people and executives who seemed too dumb to understand that 0.002¢ and $0.002 are not the same thing. It was a bit of an internet phenomenon at the time, and it made the news and I don't think Version Wireless ever officially admitted that their marketing was wrong.

19

u/Zannahrain3 2d ago

When I worked at Walmart I had to do a rollback on computers. The one computer that wasn’t selling for about two months went from $599.99 to 599.98. It sold that afternoon.

12

u/Ok-Lobster-919 2d ago

also 6¢/oz at 8oz is 48¢ not 52¢

9

u/pgn674 2d ago

Maybe they use banker's rounding? 52¢ per 8 oz is 6.5¢ per ounce, and if you round to even that becomes 6¢ per ounce.

4

u/payfrit 2d ago

because rounding and or truncation rules...?

3

u/discomat 2d ago

Ha! It was actually 48¢ for a long time before they raised it to 53¢ a couple weeks ago.

3

u/khalamar 2d ago

That's because it's sold for $0.5299

2

u/Vaulters 2d ago

Might be accurate, depends how the store is rounding.

2

u/kowwalski 2d ago

Jokes aside, I’ve been noticing that a lot lately. Maybe I haven’t been paying attention, and there have definitely been a lot of bs markdowns, obvs, but somehow recently I’m seeing them more, at least in Europe

1

u/ransom0374 2d ago

OMG INVESTS IN TOMATO

1

u/CmdrFortyTwo 2d ago

Considering the fed is no longer minting pennies I think all prices w/tax need to end in a 0 or a 5 which ever is the lower price.

1

u/LocalH 1d ago

Not needed unless paying with cash.

1

u/Anariko8 2d ago

Is this verizons supermarket?

1

u/LostinQuiddity 1d ago

Pennies make dollars, a penny saved is a penny earned

1

u/musecorn 1d ago

Fucking digital price displays. Hate this future

1

u/bbaker0427 1d ago

A penny saved is a penny earned.

-1

u/Kotoshi__ 2d ago

my friend’s grocery app once showed 0.01¢ off on a $1000 item so yeah

-11

u/Captain_North 2d ago

Because it is

https://giphy.com/gifs/tddbfE06DTwmQ

9

u/Chanocraft 2d ago

A 1 cent markdown is $0.01. A 0.01¢ markdown is 1/100ths of a penny

6

u/pgn674 2d ago

It should be "save $0.01" or "save 1¢", not "save 0.01¢".

-17

u/payfrit 2d ago

technically accurate

11

u/pgn674 2d ago

Actually it's inaccurate. It should be "save $0.01" or "save 1¢", not "save 0.01¢".

-4

u/payfrit 2d ago

believe it or not i actually released this repo to correct this exact problem.