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BRIONI, STEFANO RICCI, HERMES
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∙ 15y ago
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Is it always in Company's best interest to feature the lowest price?
No, it's rarely in the interest of the company to feature the lowest price. Certainly the "loss leader" item to draw customers into the store is a good time to use the "lowest price" strategy but it ends there.There is a buying psychology that needs to be understood. It has been tested and proven you will sell more if you first offer the highest price item in the category to the customer than if you started with the lowest priced item.It's called the law of contrast. It's been tested on everything from pool tables to menswear.If you are selling pool tables and want a higher average sales price you show the most expensive unit first and then work your way down. You will end up getting the customer to spend more this way then starting with the lowest and working your way up.If you sell menswear and someone is making a wardrobe purchase you start with the most expensive suit in the store and work your way down.Once the decision to buy the suit has been made you bring out the most expensive sweater...by contrast the most expensive sweater seems inexpensive compared to the suit. Then you bring on the shirts, ties, slacks, shoes, etc.--all in descending order based on most expensive item first.The law of contrast makes the lower item seem like a good deal. If you reversed the process and started with the least expensive item and tried to move the buyer up the ladder the law of contrast is still in play but it has the opposite affect... by comparison the more expensive item doesn't look like such a good deal.To find out more profitable answers to other marketing questions like these you can visit www.marketingburn.com/blog.
What is the increased spread of international ties and spread of Western capitalism worldwide is?
Globalization
Why is the supply of housing often not able to keep up with the increase in demand?
That depends on the location. There can be a number of reasons, and for most locations, there are several interrelated factors. 1. Cost. Building costs have been increasing. 2. Climate. More people will move to a nice climate, using up the newly-built housing. 3. Topography. In some places (Honolulu or San Francisco) there isn't any more room to build houses. 4. Governmental restrictions. In many locations, governments restrict the construction of housing, or place "affordable housing" requirements on new developments. This ties into #1, especially where building codes are becoming much more restrictive. 5. The economy. People won't buy houses that aren't either great places to retire or convenient to jobs.
Why do supporters of globalization believe in normalizing free trade between nations?
they want to strengthen economic ties and encourage democracy
What are some important cultural historical and economic ties between United States and Canada?
well Canada and united states have self governing and traditional shares
Do ross stores sell mens ties?
Yes, and at great prices! I bought a nice one for less than $10 (brand name too!)
Which stores in the UK sell mens skinny ties?
Most high street clothes retailers sell men's skinny ties. Specialist shops selling men's clothes only might have these ties. Online shops are another source where men's skinny ties are available.
Where can one purchase Polo brand ties?
Polo brand ties are available at most clothing department stores such as Sears, Kohl's and Macy's. One can buy from a store in person, or purchase these lines online.
What is nick jonas' favorite brand of ties?
it has cherrys on it
What is the most dependable brand of cable ties?
Cable ties are usually measured on their dependabiliy, and the key metric in this assessment is the life span of a cable tie. Cables R us makes the highest rated cable tie, with an average life span of 5 years.
What did mens clothing look like in the 1920s suits please?
they had black suits,white shirt under,striped ties,and black or brown dress shoes
Where can I purchase the cheapest twist ties?
3M is the most trusted brand. In the research I did they had the highest seller rating than other companies. 3M would be the way to go according to the people.
What width of ties is currently considered the most stylish?
Generally speaking the most stylish ties are around 3 inches in width.
What are some ideas for a dad gift?
Gifts for fathers can range from handmade and inexpensive to luxurious and expensive. Gifts that most fathers would appreciate are technology gadgets, such as a new cellphone or tablet, golf accessories and ties.
Where can you purchase mens silk ties?
You can usually purchase men's silk ties in gentlemen's outfitters and clothing shops. You can also get them in large department stores. There are also a few shops specialising in men's ties such as the shop Tie Rack.
How was silk used?
Commly used for clothing that is next to the skin or ties and very expensive gowns, also fine embroidery.
Are most men's ties washable or do they need to be dry cleaned?
Most men's ties are washablt. In the event that it is a silk tie, you may not want to wash it as silk is a delicate fabric and can be damaged quickly. I would take your silk ties to the drycleaner.
