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August 6, 2012

$500 Off Watches and Sunglasses?

Filed under: Internet,Retail — Edgar (aka MrConsumer) @ 5:33 am

Red Star US Airways’ inflight magazine had an unusual advertisement offering a free $500 prepaid giftcard good toward the purchase of watches and sunglasses. MrConsumer thought that they must sell really expensive products to be offering $500 off for nothing.

It turns out that some fine print on the back of the card explains their little trick:

*MOUSE PRINT:

With your PREPAID gift card code, you’ll receive $500 of suggested retail and sale price products! You pay only a 9% Service Fee for your selections. Service Fee includes: First Class delivery, customer service, order processing, labor, materials, goods, profit, marketing, free exchange & full refund programs. Fee is based on suggested retail price of the product and is separate from your Gift Card. Some products carry a minimum Service Fee.

In other words, it says they will charge you a fee to cover the cost of the watch or sunglasses.

On their website, there were a number of watches like this:

watch

The fine print next to the watch explains some unusual terms like “proposed price”, indicating that they plan in the future to sell this watch for $90. Sure. And the sale price is now $54.00. Sure. (You don’t even pay the sale price because you have a giftcard, remember, but the giftcard does not apply to the service fee.) You only pay a $12.90 “service fee.”

Poking around online, MrConsumer found some similar watches of the same (not so) famous brand, “Passion Time”, selling for not $90, not $54, not even $12.90.

watch

So basically, all this stuff about giftcards, and $90 prices, and $54 prices seems like nothing more than smoke and mirrors for a company selling cheap watches.

• • •

5 Comments

  1. American Exceptionalism!

    Comment by Tundey — August 6, 2012 @ 8:36 am
  2. HA HA HA HA HA ….junk….

    Comment by Eric — August 6, 2012 @ 8:52 am
  3. I have to admit, this has to be one of the most confusing things I’ve ever seen.

    Right up there with trying to figure out a plan for a cell phone!!

    Comment by Cindy — August 6, 2012 @ 12:38 pm
  4. On a recent trip to China street vendors would try to sell you a “Rolex” for $5. That was a better buy than this crap.

    Comment by Rick — August 6, 2012 @ 9:12 pm
  5. What a ripoff.

    Comment by Xterra — August 7, 2012 @ 2:03 pm

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