Tag Archives: pricing in a down economy

The recession has returned to normal

The recession which started at the end of 2008 was different from almost all earlier downturns in that consumers at all income levels cut back spending dramatically. Both high-end stores and mid-range stores lost sales, while the low-end held up for the most part. … Continue reading

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You CAN raise prices in a recession

Talked to my local used car dealer today.  He reports that you simply can’t find used cars to sell for less than $5000 these days.  He even says that he’s selling cars for $5000-$6000 now that before the recession he’d … Continue reading

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Value priced

My wife’s hair stylist informed her that she was RAISING her prices about 9%. Is my wife going to find another hair stylist? No. Is she going to get her hair cut less often? No. Is she mad about the … Continue reading

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