6 ms·
So game-theoretically: if I know the price for an item is the same everywhere, I'll buy it at the place where I see it first (one of the big values of brick and
by binarysolo 5mo ago
So game-theoretically: if I know the price for an item is the same everywhere, I'll buy it at the place where I see it first (one of the big values of brick and mortar stores).
If I know I can go online and it'll be some % cheaper, I'll wait and order it online, defer my gratification for a few days, and end up with a cheaper product.
Not sure about Poland, but most B&M brick and mortar stores in the US are distributors/resellers of the brand, they buy for $4 and sell for $10, and their rent/labor/etc costs $3 and they profit $3. Another distributor let's say is an e-commerce website, they can setup a warehouse in a rural area with cheap labor so it costs them $1 and they profit $5... so they can afford to discount it to $7 and make $2... which the B&M store can't do because they won't profit at all.
- jstanley 5mo agoAnd how does "click-to-reveal-price" help?
- ChrisMarshallNY 5mo agoI believe that it prevents the price from being indexed (by dumb crawlers). I remember hearing our marketing folks talking about enforcing MAP, at the company I used to work for. That company didn’t have the clout of Amazon, but we did sell premium kit. For us, it wasn’t about money, as much as we didn’t want to ever be forced to reduce Quality; which included the shopping experience. We were concerned that outlets selling lower-priced kit, also had a worse shopping (and support) experience, which we believed (probably correctly) would reflect on us, and our most favored retailers. Premium brands are often driven by factors other than just money. Brand reinforcement is a really big deal.
- jstanley 5mo agoI literally don't get it. You're interested in Quality above all else, fine. You're upset that you have competitors who don't care about Quality, fine. So you make your website harder to use, so that... what?
- ChrisMarshallNY 5mo agoDon't ask me. I'm not in Marketing. I was just sharing my experience. But it's not the manufacturers that do that. It's the cheap-slingers. It's their Web site that has the "click to reveal price" button.
- jstanley 5mo agoOh! I see, that makes much more sense.