Price Cut with Product Slash
That’s a great way to put up a price slash on products. Cutting them in half and selling each part at half the price of the entire product is a good idea. Some person played this prank by writing ‘1/2 Price’ on this piece of a boat. The witty phrase is sure to get a few laughs at it.
However, that is how price discounts work to empty the shelves. According to Dilma and Garrett (2021), sellers are smart enough to put their products at the total price until their demand reduces. Contrastingly, smart buyers wait for these discounts before making their purchases.