Best Buy Pondering New Pricing Policy
Best Buy is considering a switch from its traditional sales-event based high-low pricing policy to the everyday-low-pricing approach (EDLP) employed by Walmart.
According to Bloomberg News, the No. 1 CE chain is reassessing its go-to-market strategy after ceding ground to Walmart and Amazon.com during the holiday selling season. The company is also deeply concerned over the growing popularity of mobile shopping apps that provide in-store customers with instant and virtually universal price comparisons.
The writing was already on the wall last fall, when Best Buy CEO Brian Dunn noted that cash-strapped consumers were only coming out during promotional periods, making business choppy and difficult to plan.
How this all plays out, and what impact the move would have on manufacturers and CE specialty retailing, remains to be seen. But there’s an irony in that Best Buy’s fastest-growing business, mobile, may prove to be a Trojan horse for brick-and-mortar stores.
Tina commented:
Add to any gift a list of the reasons why you acreppiate him. Perhaps have it inscribed on a wall plague.Please don't get a joke card. In my 20+ years of working with fathers, it has been rare that a joke card that makes fun of his abilities is really acreppiated.I wrote this to Dear Abby for Father's Day, March 19, 2005.APPRECIATION FOR JOB WELL DONE IS WHAT FATHERS WANT TO HEARDEAR ABBY: Today is Father's Day, so why don't we try to do more for dear old Dad than give him the usual greeting card that promotes the idea that all dads are imbeciles, followed by a collect call to see what he thought of the card. (Father's Day is the day when the most collect calls are made.)We should treat our fathers the way we treat our mothers on Mother's Day and show them we acreppiate them for being there. Yes, you probably tell your father all the time that you love him, but the minds of men work differently. Anyone can say I love you, but as men, knowing that we are acreppiated for a job well done is what really gets us teary-eyed.Something else you can do especially you sons out there (but daughters can do it, too) is to make sure Dad has been to the doctor for a checkup, including depression screening. This can go a long way toward making sure he's here on Father's Day next year.I wasn't raised by my father, but by a stepfather. Although we did not see eye-to-eye on many things, I would not be the person I am today if it were not for him. This man, who spent years climbing on top of heavy construction equipment to prepare the ground for many of the homes, businesses, roads and highways of Southern California, now finds it difficult to get into a car. Although none of the houses or roads have his name on them, they are all testaments to his life and the lives of men like him.So today, let's do something extra for Dad, without him pulling out his wallet to pay for it. George McCasland, Overland Park, Kansas*************************************************************** Remember, there's a lot of us fathers sitting in nursing homes whose children live too far away to visit. Contact an activities director about volunteering Sunday morning. Read a list out loud about why you acreppiated your father.














