Word: retailing
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Releasing an album with a major record label is similar to giving birth. It usually takes nine months, and the pain can be unbearable. Even at its most efficient, the process requires the input and assent of retail conglomerates, lawyers, marketers, radio promoters and CD manufacturers. And if the project is a runaway success, it might bring in half the revenue it would have a few years...
...most prolific class of secondary search engines are those that focus on a very narrow purpose - engines that aid our search for the best prices for retail items and travel services. As we have pointed out, the people saving money usually have money; affluent Internet users are the key demographics for these sites...
...record-into a loss leader, flooding the U.K. with 3 million free copies of his Planet Earth CD through the Mail on Sunday newspaper. He was ridiculed for going down market, until he announced 21 London concert dates-and sold out every one at prices five times the suggested retail price of a CD. Not surprisingly, Radiohead has an extensive tour planned...
...itself big news. Sure, Radiohead is on a sustained run as the most interesting and innovative band in rock, but what makes In Rainbows important - easily the most important release in the recent history of the music business - are its record label and its retail price: there is none, and there is none...
...risks making students sound like spoiled brats. Indeed, the Coop’s markup on course books is noticeable if not obscene: an abbreviated visit to the textbook bazaar will sufficiently validate many of the complaints. The discrepancy between publishers’ list and the Coop’s retail prices may often call into question at least the business sense, if not the integrity, of the bookstore’s proprietors. If nearly everyone acknowledges the price-gouging, why would any student shop there—and, therefore, how could the Coop make any profit...