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Early Black Friday violence reported

usa thanksgiving shoplifting scheme customers shot sales up

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#46 episode

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Posted 02 December 2013 - 20:32

 Not really, no.

 

Stores have centralized warehouses.  Shipments move overnight.  There's absolutely no excuse for places like Best Buy to have only 3-5 Xbox1's in a store for 500+ people.  If they only get a shipment of 50 from MS, then you keep it in the warehouse and 50 are available on-line.  Else, you stock enough expected for that day, restock for the next day, etc.

 

How hard is it to figure out % over suggested retail value?  It's not like the store is losing sales.  A consumer buying from ABC company online as opposed to walking into their store still gives ABC his/her money.

 

People have tried everything to control the mob mentality...yet nothing works.  And nothing has resolved the issues with people walking out of these stores and getting a gun shoved in their face.  By far, the safest method is to remove the element which creates the mob and deliver straight to peoples' doorsteps.  On-line resolves this.

 

Instead of criticizing, why not suggest your 'better' solution?

 

You are pushing a 'solution' to a problem that doesn't need fixing. Not in the way you think. If people want to be morons, they are going to be morons. You can't stop stupid.

 

Using a non-sale item isn't a good example, first, so consoles are out. 

If you want to talk about the crappy $200 laptop, then start there. Is there a reason they only have a few of those? Yes. Because they are losing money on them and only selling them to get people in the door. And yes, when you have say 4500 Walmart stores in the US, at 5 each thats 22,500 of that item. And they guaranteed far more than that this year. 

 

How long do you want your '% over retail' to last? Two days? Then the sale would be the day after, and you have the same problem. Forever? Thats not even remotely smart.




#47 Growled

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Posted 03 December 2013 - 02:52

Simple:

 

- Stores must stock enough of each item on sale to accomodate a minimum xx% of expected customers based on last year numbers

 

- Sale items exceeding xx% off suggested retail value may only be available for on-line purchase

 

I guess while you are at it you should get the government to set the price on each item as well.



#48 +LogicalApex

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Posted 03 December 2013 - 03:10

You are pushing a 'solution' to a problem that doesn't need fixing. Not in the way you think. If people want to be morons, they are going to be morons. You can't stop stupid.

 

Using a non-sale item isn't a good example, first, so consoles are out. 

If you want to talk about the crappy $200 laptop, then start there. Is there a reason they only have a few of those? Yes. Because they are losing money on them and only selling them to get people in the door. And yes, when you have say 4500 Walmart stores in the US, at 5 each thats 22,500 of that item. And they guaranteed far more than that this year. 

 

How long do you want your '% over retail' to last? Two days? Then the sale would be the day after, and you have the same problem. Forever? Thats not even remotely smart.

If they are losing money on those sale items then they are doing it wrong. Very few companies lose money on Black Friday sales.



#49 Growled

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Posted 03 December 2013 - 03:13

If they are losing money on those sale items then they are doing it wrong. Very few companies lose money on Black Friday sales.

 

They lose money on a few items just to draw people into the store. Most studies have shown that people don't want to go home empty handed, so they purchase something while they are out. The store easily makes up for the lose of a few items.



#50 +LogicalApex

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Posted 03 December 2013 - 03:35

They lose money on a few items just to draw people into the store. Most studies have shown that people don't want to go home empty handed, so they purchase something while they are out. The store easily makes up for the lose of a few items.

As the WSJ did a great job reporting last week... The retailers have stopped offering below cost discounts and instead work with manufacturers to get to a price point that allows them to still make a profit. They also use the infamous "% off" trick where they only list "MSRP" as the normal price even though they never sell at MSRP. Allowing them to advertise extreme discounts when the real discount may be negligible at best.

 

There is a reason the sales are so wide spread. No one is losing money, but taking advantage of the consumers who think they are getting a bargain.



#51 episode

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Posted 03 December 2013 - 12:42

As the WSJ did a great job reporting last week... The retailers have stopped offering below cost discounts and instead work with manufacturers to get to a price point that allows them to still make a profit. They also use the infamous "% off" trick where they only list "MSRP" as the normal price even though they never sell at MSRP. Allowing them to advertise extreme discounts when the real discount may be negligible at best.

 

There is a reason the sales are so wide spread. No one is losing money, but taking advantage of the consumers who think they are getting a bargain.

 

Stores also field loss leaders, true bargains that pinch profits but are aimed at getting customers into their stores. Most deals, however, are planned to be profitable by setting list prices well above where goods are actually expected to sell.

 

The BIG items - the ones that the morons should be in the line for, the ones with limited quantity - those are the loss leaders. Those are what I'm talking about. If you're shopping for ANYTHING else, you shouldn't be at the store that day.