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It might well be that it was a target price but there is actually a fair chance that the company may have achieved it by tightening their margins rather than ex
by josephlord 12y ago
It might well be that it was a target price but there is actually a fair chance that the company may have achieved it by tightening their margins rather than expanding them.
Source working for a TV manufacturer and knowing how desperate the sales teams were to get prices to hit certain magic "price points".
I'm not saying that it always works this way though.
- mikeash 12y agoEspecially true with things like TVs, where sale prices are often loss leaders with the stores planning to make it up by selling lots of overpriced cables and other accessories to the buyers.