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How Does Trader Joe’s Keep Prices so Low?

Over the past decade Trader Joe’s has exploded from a regional, offbeat grocery chain to a national powerhouse.  Its focus on selling products from organic staples to exotic specialty items has hit...

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Amazon Offers 69-Cent MP3s…Should Apple be Worried?

Last week Amazon dropped the price on many of its top-selling MP3s, offering individual songs  for an unparalleled $0.69 and albums for $5.  Amazon has historically offered MP3s for 10%-30% cheaper...

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Amazon Offers Highly Anticipated Lady Gaga Album for 99-cents, but was the...

Lady Gaga’s most recent album “Born This Way” launched yesterday, and in an effort to further promote its MP3 store, Amazon offered the entire album for 99-cents.  Even though Amazon ran no external...

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How Companies are Using Different Strategies to Offer Free Shipping

Customers love free shipping.  After all, it’s FREE.  The problem is shipping is not free for businesses and can quickly turn profitable sales into unprofitable transactions. But despite the costs,...

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The Volatility of Consumer Electronic Prices and How Decide.com is Helping...

Yesterday Decide.com launched its consumer electronics prediction service with one tagline: No Regrets.  In short, Decide.com seeks to solve the problem of “buyer’s remorse” by arming consumers with...

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Disney Raises Prices and Universal Follows, but Should Universal Stop Playing...

It works like clockwork: Disney announces an admission price increase and Universal quickly follows suite.  This annual (and sometimes bi-annual) phenomenon took place recently as Disney announced a...

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Cancellation Fees: Why They Exist, Why They Vary, and How to Avoid Them (Part I)

This is Part I of a two part series on cancellation fees in the travel industry.  Part I will describe the strategy behind cancellation fees and why policies tend to vary by industry segment.  Part II...

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The Thanksgiving Day Turkey: A Premium Product and a Loss Leader

To Benjamin Franklin, the turkey is not only a truly respectable and native bird to America, it is “a bird of courage, and would not hesitate to attack a grenadier of the British guards who should...

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The Best Part of the iPad 3rd Generation: its Price

Friday marks the release of the latest and greatest iPad, and while electronic geeks boast of its revolutionary screen resolution or LTE speeds, I think the real story here is the price.  Specifically,...

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Can Cabs Charge More During the Playoffs?

According to Washington D.C. Mayor Vincent Gray, the answer is no. Mayor Gray recently rejected the D.C. Taxi Commission’s proposal for a $1 city-wide surcharge for each additional passenger during all...

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