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The Shocking Truth Behind Halloween Candy Prices!

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Why do we accept price drops right after a holiday? Is it just marketing trickery? 🎉 #redbullrampage #stockmarketnews #stockmarketupdate #stocksthisweek #stockmarket #stockmarkettoday #stockmarketcrash Made with Vexub

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On October 31st, a bag of Halloween candy costs 12 dollars. On November 1st, the same bag costs 3 dollars. Same candy. Same wrapper. Same expiration date. Seventy-five percent off overnight. Why? Because retailers order 600 million pounds of candy for Halloween. That is 9 billion dollars in sales. But they always over-order. By November 1st, the holiday is dead. Nobody wants orange and black wrappers anymore. The candy takes up shelf space needed for Thanksgiving and Christmas products. So they slash the price to move it fast. And here is the trick. That candy does not expire for 6 to 12 months. The chocolate you buy on November 1st for 3 dollars is identical to what you paid 12 for yesterday. But your brain thinks it is worth less because the holiday passed. The same thing happens February 15th with Valentine candy. December 26th with Christmas candy. April 1st with Easter candy. Four times a year, the exact same product drops 50 to 75 percent because a date on a calendar changed. The candy did not change. Your perception did. Subscribe to TrueMoney.