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Walmart is offering a Walmart+ membership for 50% off from now through Nov. 8 at 2:59 p.m. ET. This means new members will pay $49 instead of $98. This offer can only be redeemed online, and it ...
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The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
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