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Random Price Tags Facts You Probably Didn't Know

Following is our collection of super amazing and curious facts and details explaining Price Tags. This list is intended for research in school, for college students or just to feed your brain with. Possible use cases are in quizzes, differences, homework facts legend, cover facts, and many more. But nevertheless learn why is Price Tags so important!

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What is Price Tags about?

Top 10 Price Tags facts that will blow your mind.

  1. 85% of outlet clothing is made with lower-quality fabrics and cheaper construction than its retail counterpart. Companies like Levis, Ralph Lauren and Nordstrom have all been sued for having MSRP on their "Compare At" price tags even though the product never saw the inside of a flagship store.

  2. The founder of Macy's, Rowland Hussey, who was a Quaker, is credited with inventing the price tag. Quakers believed it was immoral to barter - charging people different prices for the same product. Also, price tags made it easier to expand and quickly hire new sales people.

  3. The F-35 fighter is the most expensive weapons program ever with a price tag of $1.5 trillion, and it's still three years away from launch

  4. The cost to own a Bugatti Veyron (aside from the $2.5 M USD price tag) is $300k a year.

  5. During World War I, John Wanamaker (inventor of the price tag) publicly proposed that the United States buy Belgium from Germany for the sum of one-hundred billion dollars, as an alternative to the continuing carnage of the war.

  6. Bugatti continues to release new models of luxury sports cars, reaching extremely high speed capabilities and price tags.

  7. Restaurants tend to make price tags in the menu as inconspicuous as possible as they remind people they’re spending money. Thus, you are more likely to buy a burger for $13.00 if its price is shown as just 13.

  8. Norm Cox,designer of the entire Xerox star system's interface, created the burger icon for contextual menu choices back in 1981. the system had a tag price of $75000 ($195,000 in today's dollars)

  9. The Indian made Tata Nano is the world's cheapest car, with a price tag of $1,500

  10. About the 'death star' of Costco, which is an asterisk in the top-right corner of the price tags. It means what you see of that item is what they have, and is probably marked down.

Data charts defining Price tags

Price Tags figures with statistics charts presented as infographic.

price tags fact data chart about Viz on iPhone XS / XS Max / XR Price Tag
Viz on iPhone XS / XS Max / XR Price Tag

Funny price tags details

Interesting definitions that can be fact checked.

The most expensive piece of pop culture memorabilia are the ruby slippers Dorothy wore in ‘The Wizard of Oz.’ The slippers are up for sale with a price tag of $6 million!

The Rio PMP300 ("Diamond"), one of the very first MP3 digital audio players, was released in 1998 with a price tag of $200 and shipped with 32 MB or memory--large enough to store 30 minutes of music at 128 Kbps.

If two numbers on an advertisement happens to be factors of a third (usually the price tag), customers are more likely to buy the product.

The Airbus A380 is the largest passenger airplane ever produced with the capacity to carry 555 passengers, a cruising speed of 903 km/h & comes with a price tag of $445 million for each plane