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that's an excellent point. Clarify a bit the notion of the fixed basket, I'm thinking mostly of unit prices. I think that could get a bit fuzzy too because of p
by jxramos 4y ago
that's an excellent point. Clarify a bit the notion of the fixed basket, I'm thinking mostly of unit prices. I think that could get a bit fuzzy too because of practices like shrinkflation cluttering up the analysis. I think SKUs should actually be tied to fixed things like weight where applicable. I wonder what the rules are surrounding that, basically make it so that if you change the weight of a product you have to issue a new SKU. Might be a messy figure overall but still capable of shedding some insight people would be interested in I'd think.
- deleted 4y ago[deleted]
- gruez 4y agoBy "fixed basket" I'm talking about the issue of people getting higher quality goods as their income increase, or buying more or less of something (eg. takeout) as their lifestyle changes.
- jxramos 4y agoyah those instances I would think would break a given "SKU run" if you will, it would have its run in an individual's life under a given time regime. It would phase in and it would phase out.
- jxramos 4y agoI had to lookup some of these points on SKUs, this is good background https://www.shopify.com/retail/what-is-a-sku-number https://www.shopify.com/retail/what-is-a-sku-number