Re:90% of Black Friday deals were the same price or cheaper ...
by toast0 on Friday November 26, 2021 @02:20AM
(#29348115)
When I was salaried, the marginal value of my time was $0. Thar extra thirty minutes shopping costs me nothing and gives me satisfaction. Now that I'm retired, my marginal value is still $0. Taking longer to spend money is in itself valuable. If I get discouraged by the shopping and don't buy the item I was looking for, that's the best outcome for my wallet.
Re:90% of Black Friday deals were the same price or cheaper ...
by allen_lasn on Friday November 26, 2021 @04:52AM
(#29348822)
The marginal value of your time was not $0. You could have been doing something other than shopping with your time. That thing could have afforded you pleasure or had some other utility. The dollar value of that utility was not zero.
Even resting has some benefit to you. Unless your only alternative is some mildly unpleasant activity which doesn't allow you to rest, that time was not valueless.
Re:90% of Black Friday deals were the same price or cheaper ...
by VRay on Friday November 26, 2021 @05:51AM
(#29349089)
> Unless your only alternative is some mildly unpleasant activity which doesn't allow you to rest, that time was not valueless.
So you're saying I shouldn't be playing MMORPGs all the time?
Re:90% of Black Friday deals were the same price or cheaper ...
by SapporoChris on Friday November 26, 2021 @07:20AM
(#29349595)
Entertainment is useful. Excess entertainment is wasteful. Keyword being excess. I calculate the waste as: cost of the entertainment plus potential loss of income from missed opportunitys of work and training. Of course if your entertainment is bring some other tangible benefits, like exercise, then that needs to be factored in.
Re:90% of Black Friday deals were the same price or cheaper ...
by AussieWog93 on Thursday November 25, 2021 @10:06PM
(#29347168)
I run an e-commerce business and see the opposite as well.
People who earn, say, $30/hr won't take literally 2 seconds to scroll past the sponsored listings and save $50+.
Re:90% of Black Friday deals were the same price or cheaper ...
by executesorder66 on Friday November 26, 2021 @01:52AM
(#29348023)
How do you know the incomes of random people visiting your site?
Re:90% of Black Friday deals were the same price or cheaper ...
by AussieWog93 on Friday November 26, 2021 @02:13AM
(#29348093)
I don't, it's basically just a "normal wage" for non-professionals in Australia.
My point was that people will spend an hour working to make $30 but won't spend a minute looking around to save $50.
Re:90% of Black Friday deals were the same price or cheaper ...
by blowfish721 on Friday November 26, 2021 @07:28AM
(#29349648)
I’m probably one of those people that don’t bother with the sponsored items. I’m not much of a spontanious shopper, if I buy something then I most often know what I want before I even go to the shopping site. Example is if I’m buying a tv then I don’t care if Samsung has an equal model at half off if I’m already set on getting a specific LG. I do look sround to see who has a better deal on the item I’m looking for however.
Re:90% of Black Friday deals were the same price or cheaper ...
by cfjgvjh on Thursday November 25, 2021 @09:50PM
(#29347078)
That only works if the use of that time towards a more productive activity actually pays off in that short duration; sometimes comparing shops and making sure you're getting the best is the most fun part, so there's some utility derived from there as well. At least for myself, I only really deal-hunt during Black Friday and anytime else I get what I need when I need them.
No offense intended if this is pure stamp collecting.