The Wizard of iPhone Speaks (20-22)

Episode 108: Life’s little lessons Department: FNB weather is a great program but they don’t know beans about consumer economics


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If they do something such as “We demand producers justify price increases” — It’s just so much eyewash. Mass Market retailers stopped caring about pricing since the advent of the product bar codeModern writers would call it posturing!Retailers “rent” shell space to favored producers — Consider the soft drink aisle. There’s red stuff & blue stuff with a smattering of Green Stuff. Coke & Pepsi pay for the privilege of offering a blizzard of varieties of a single product and we believe we have a choice.For confirmation peek in at the deodorant aisle and you find Proctor & Gamble owns that section. Consider Costco, not only do they charge you $50 for the privilege of shopping — they offer only two grades of gasoline. Low-priced regular & high priced premium.Music courtesy of Bellevue Presbyterian Church, used with permission
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The Wizard of iPhone Speaks (20-22)By John MaGuirk

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