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Home » Are Today's Low Prices the Future of Retail?

Are Today's Low Prices the Future of Retail?

April 1, 2009
CRM Daily

With shoppers shunning extravagance and merchants eager to sell inventory, prices on many goods and services have plunged. Fancy flat-panel TVs are marked to move, and flights between the coasts have dipped below $120. Forget cell-phone billing; prepaid is in.
For businesses trying to coax consumers to spend, the recession has brutalized profit margins. Still, despite the current profit pressures, an even bigger worry looms: What if the low prices become the norm?
Source: CRM Daily

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