Word: marketeers
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Dates: during 2000-2009
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...Nintendo, which has ruled the market in consoles for two years had a 43% drop in sales of its popular Wii model from March to April, selling only 340,00 units. Sales of Microsoft's (MSFT) Xbox 360 dropped 47% from March. (Read...
...Meanwhile, Schulkin is focusing on a for-profit Carrotmob spinoff called Virgance, which starts up and acquires small organizations that offer collaborative market solutions to social and environmental challenges. One of the first fruits of the effort is 1BOG, a community-based program that organizes residents locally to negotiate group discounts from companies that install solar-energy panels. Says Schulkin: "What's good for activism is also good for business." Carrots are looking greener every...
...changes would be more heavy-handed. Those phone-payment fees would be prohibited outright (unless a customer asks for expedited service, a genuine additional cost which the card company would be allowed to pass along). It could also be substantially harder to market or sell credit cards to young people (those under either...
After years of controversy and opposition from local retailers, Wal-Mart this month is poised to open its first store in India, launching an expansion that will include 10 more big-box outlets in the potentially vast Indian market over the next two years...
...Despite the stealth approach, industry experts expect Wal-Mart, known for squeezing efficiencies out of suppliers and supply chains, to have an impact on India's $375 billion retail market, which is dominated by mom-and-pop businesses and outmoded distribution networks. "We can learn the science of retailing, how to build scale and efficiencies," says Kishore Biyani, chairman of Pantaloon Retail, India's largest homegrown retailer with 114 hypermarkets...