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Buy one, get one free. " Buy one, get one free " or " two for the price of one " is a common form of sales promotion. Economist Alex Tabarrok has argued that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion ...
On-premises regulations: No discounts at specific times (i.e. no "Happy Hour" discounts) or for specific individuals, no fixed-price open bar or all-you-can-drink (except at private functions), no more than two drinks per individual at any one time, no pitchers for fewer than two people, no drinking contests, no drinks as prizes, no free drinks.
OK Soda is a discontinued soft drink created in 1993 that courted the American Generation X demographic with unusual advertising tactics, including neo-noir design, chain letters and deliberately negative publicity.
Bad Animal’s wine club offers two bottles a month with literary and food pairings, and a 10% discount on bottles or books. Private group dinners can be reserved in the Rare Books room.
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Online retailing is big business these days, with the top 500 Internet retailers growing by an average of 18% in 2011. E-commerce currently makes up about 8% of all retail sales, and that number ...
An example illustrates why. Fred buys auto parts and resells them. In 2008, Fred buys $100 worth of parts. He sells parts for $80 that he bought for $30, and has $70 worth of parts left. In 2009, he sells the remainder of the parts for $180. If he keeps track of inventory, his profit in 2008 is $50, and his profit in 2009 is $110, or $160 in total.
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