It’s more like: we took it away and gave you a ~100% ROI by adding a $5 gift card to your “refund”. Still sucks though.
Comment on Amazon Prime Video is able to remove a video from your library after purchase.
KTVX94@lemmy.myserv.one 11 months ago
We’ve taken away this thing you’ve bought, here’s a gift card so you can give us that money back again later.
DeliBelly@lemmy.world 11 months ago
AeroLemming@lemm.ee 11 months ago
Not really. The subjective monetary value of whatever you might spend that money on is most likely going to be less than the store’s listed price. To give a more obvious (extreme) example, imagine if you got a $30 gift card to a store that sells individual grapes for $2 each. You can buy $30 worth of grapes from them, but 15 grapes are not worth $30 to any sane person. Hell, maybe you don’t even like grapes and they’re completely worthless!
DarienGS@lemmy.world 11 months ago
It’s Amazon, dude. You may not like their business practices but it’s a fair bet they’re going to have something you want at a decent price.
AeroLemming@lemm.ee 11 months ago
It’s true that this exchange in this particular instance is a net gain for like 99.9% of the victims. Hell, most people were probably never even gonna watch the movie again anyway. However, using that to justify this practice opens the door for abuse down the line. Store credit is not an acceptable form of compensation. Imagine if you totaled someone’s car and then offered them $10k credit at a junkyard you own. It would be unacceptable! Why give large corporations an exception?
RiikkaTheIcePrincess@kbin.social 11 months ago
Idunno what's going on here but I've got a burning curiosity as to whether this grape store has any lemonade.
AeroLemming@lemm.ee 11 months ago
I’m sad that someone down voted you because they didn’t get the reference.
DeliBelly@lemmy.world 11 months ago
Yeah, just like with the original purchase. They made money on that too, but returned the full amount, including their margin. Amazon loses money on this compensation. They don’t sell stuff with a 10x margin.
AeroLemming@lemm.ee 11 months ago
I get what you’re saying and I already said that 99% of people would be happy with it, but my other comment details how that form of compensation fails to cover everyone.
WaxedWookie@lemmy.world 11 months ago
After they clawed back the royalties they paid on the original content, I assume (based on their practices around ebooks and audiobook).
Arethusa@lemmy.world 11 months ago
Gift cards and store credit = we keep your money.
The reality is that they didn’t give the customer back anything. It’s the usual corporate sales speak.
“50% off” and “Save $10” aren’t actually real either. $10 doesn’t appear in customer’s accounts after a purchase and customers often have no concept of what the item original cost before it was marked up and brought to market by the the corporation. It’s sales and marketing psychological games that many people can’t see through. $9.99/$59.99 is cheaper than $10.00/$60.00 true and people somehow feel better buying the former versus the latter as though that penny isn’t only a penny and they didn’t give the corporation the 99.99% of the money they wanted
Malfeasant@lemm.ee 11 months ago
Explain this to my wife please… “I saved so much money today!” Plunks down several bags of crap that will end up being thrown away eventually…
Arethusa@lemmy.world 11 months ago
I didn’t understand this for a long time myself. And I can’t rightly remember when I first learned about this sort of thing. But once I did, information just seemed to flow to me from multiple directions. Maybe look up classic tactics around sales and marketing, then deceptive, yet typical, psychological sales and marketing practices. There’s a book on credit cards I enjoyed years ago “How to Take Advantage of the People Who Are Trying to Take Advantage of You: 50 Ways to Capitalize on the System” by JSB Morse (Though long story short , avoid debt and credit cards). One video on YouTube turned me off of buying ink cartridges once I found out what they truly cost versus the exorbitant amount they sell them for. Capital rip offs.
w2tpmf@lemmy.world 11 months ago
That’s fine. Always need to purchase more storage devices.
Flambo@lemmy.world 11 months ago
strictly speaking it’s