One of my favorite sections of the Sunday paper is the opening quotes section behind the first page of the Business section. Sometimes you really understand more from that kind of brevity than a long nuanced article on the same subject. Yesterday, my favorite was:
“You can get anything, anywhere at any price.” – Marshal Cohen, chief industry analyst for the NPD Group. After retail sales plummeted in October, stores were offering eye-catching bargains.
It is true that between all the channels for a good deal – from an in-store sale, outlet malls, online discounter, overstock.com, etc., etc., it does seem that this might be true. If you’re willing to compromise on a feature or two or look long enough, you can find what you’re looking for at a price you can afford. And now that deflation and economic impact on retail business are in the mix, it’s doubly true.
Wondering if everyone else would agree to that statement or if there are some things, some categories, where that just isn’t the case. What’s in your shopping bag that price variability hasn’t touched yet?
Monday, November 10, 2008
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