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  1. #1
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    Default Could this end the 1000% markup on cables??

    Best Buy declares war on showrooming

    Next month, the big-box retailer will start matching competitors' prices, including those of Amazon, which is the trend's biggest beneficiary.



    http://money.msn.com/now/post.aspx?post=8a4b33ca-47cf-4430-b627-13e3202ccf96
    Last edited by tailfins; 02-18-2013 at 03:33 PM.

  2. #2
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    From the article:
    "Nevertheless, the new policy could deliver a new set of challenges, especially if it proves popular with consumers. That's because lower retail prices could eat into Best Buy's margins, forcing the company to cut costs and protect profits"

    That was my first question. How are they going to be able to afford price matching with online retailers? We'll know in a few months I suppose.
    Last edited by Thunderknuckles; 02-18-2013 at 05:41 PM.

  3. #3
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    What's better; high markups on a 'no sale' or a low markup on a 'sale'?
    "when socialism fails, blame capitalism and demand more socialism." - A friend
    "You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
    “Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho


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