by Jim Inglis
In the Wall Street Journal on June 25, 2022 Christopher Mims’s article titled ‘The Surprising Reason Your Amazon Searches Are Returning More Confusing Results Than Ever”. This is his introduction to the article: “If you want to be reminded...
by Jim Inglis
The logic for prolonged inflation was explained by Charles Goodhart, former UK Central Banker: “He argued that the low inflation since the 1990s wasn’t so much the result of astute central-bank policies, but rather the addition of hundreds of millions of...
by Jim Inglis
What has been the impact of all the increased tariff taxes on the flow of imported products to the U.S.? The answer is that imports have continued in increase with the result shown in the chart above showing the growing trade deficit for the the U.S. What is the...
by Jim Inglis
While retailers rush to increase their gross on-line sales, cost escalate. According to Chain Store Age, The National Retail Federation reports that 20.8% of all on-line sales in 2021 were returned. Further, every $100 in returns has an average cost of $10.30 to the...
by Jim Inglis
Percentage-off sales never build loyalty but can destroy price image. It is never wise to tell customers that there is a good time to buy and a bad time to buy. It is not good to refer to your normal everyday prices as the high price example. Comparison pricing should...
by Jim Inglis
It is good strategy for a home center, like Lowes, to pursue the Pro customer. However, it is important to realize that while the volume may grow from 25% to even 45% of sales, The Pro customers will be less than 5% of the traffic count. Now the question is: Why would...
