http://blog.edhayes.us/2010/02/04/the-cost-of-promotional-sales/ Information Technology, Business Consulting, and Solutions to Life Wed, 25 Aug 2010 01:52:41 +0000 hourly 1 http://wordpress.com/ http://blog.edhayes.us/2010/02/04/the-cost-of-promotional-sales/#comment-590 The Power of Every Day Low Prices « ED HAYES Thu, 25 Feb 2010 21:12:27 +0000 http://blog.edhayes.us/?p=531#comment-590 [...] As Jim Hertel points out in Food fight: Grocery chains, discounters in battle for shoppers, operating “high-low” pricing strategies actually creates inefficiencies, which translates into higher inventory costs.   I could not agree more with Jim.  Stocking and tracking inventory for temporary specials is extremely expensive. I recently discussed this along with many other inefficient practices associated with “high-low” pricing strategies in my recent post The Costs of Promotional Sales. [...] [...] As Jim Hertel points out in Food fight: Grocery chains, discounters in battle for shoppers, operating “high-low” pricing strategies actually creates inefficiencies, which translates into higher inventory costs.   I could not agree more with Jim.  Stocking and tracking inventory for temporary specials is extremely expensive. I recently discussed this along with many other inefficient practices associated with “high-low” pricing strategies in my recent post The Costs of Promotional Sales. [...]

]]>