Another good read on balancing inventory, sales with the appropriate marketing and pricing – Here Today, Discounted Tomorrow: Strategic Shoppers Know When to Buy, and at What Price.
Actually I would not say I’m a strategic consumer but after awhile you just noticed a pricing pattern. The so-called strategic buying is a simple response to the supplier-customer dynamics. The consumer need a particular good at the best price from the supplier who is dependent on a steady cash flow and revenue.
- Article Audio Download
- Purchasing, Pricing, and Quick Response in the Presence of Strategic Consumers – Gérard P. Cachon and Robert Swinney