Comments on: Wild FX Rates – Online vs Offline Shopping

By: Data Quality

Data Quality — Fri, 19 Jun 2009 06:40:16 +0000

I enjoy shopping online, however, I have yet to run into the problem you had with the watches. I like being able to compare prices more conveniently and being able to all sorts of products. I think a majority of shoppers will be moving online for more exclusive products and especially software products.

By: haberler

haberler — Tue, 09 Jun 2009 13:25:43 +0000

I do most of my shopping online. By the way, great site.

By: greenLt

greenLt — Tue, 21 Apr 2009 21:06:08 +0000

I have some experience with a large retailer that manages price points for online and brick and mortar stores. In theory a company can apply the same pricing control for in-store products as they do for online merchandise, but there is always some analog element that needs to be updated as well – a sign, sticker, etc. In the end, a store with a thousand products can’t keep up with the pricing changes necessary to match an online store without the cost of change negating the potential profit gain.

By: Marc

Marc — Wed, 08 Apr 2009 09:43:47 +0000

Thanks John, now corrected. I always get them mixed up. You would think that with API’s and Importing of price lists they could do this quickly from head office.

By: John

John — Tue, 07 Apr 2009 03:14:23 +0000

One point I feel I need to correct and that is about how fast large retail stores can implement a price change.
While the RFID tag can be used to hold price information, in retail stores it is only used to indicate people removing the item from the store without paying (ie stealing). The price is still held in a central database, activated by the barcode scanner. The unfortunate thing is that these “databases” are usually store dependent and not linked to head office. So when HO changes the price on a item, the change is emailed / sent to the store manager who delegates the responsibility to their assistant (or someone else) to change the store database. It is this that takes time. it would be good if all databases were linked to HO and then just one person in HO could change the price for all stores. However this has the disadvantage relative to the store manager’s “on the ground” knowledge. The store manager needs to be able to adjust their own prices relative to local conditions. My qualifications for saying this that I once was an accountant for a large national retail outlet.

By: Seo Company

Seo Company — Wed, 18 Mar 2009 12:53:04 +0000

Good comparison between online shopping and offline shopping. I will accept more interesting things about this

By: izmir evden eve

izmir evden eve — Fri, 06 Feb 2009 13:26:16 +0000

thank you

By: Jessica

Jessica — Wed, 21 Jan 2009 03:47:06 +0000

I do most of my shopping online. By the way, great site.

By: Ratgeber Gesundheit

Ratgeber Gesundheit — Wed, 21 Jan 2009 03:04:06 +0000

If time permits, I’ll shop personally. But if not, online shopping is better-it’s not only hassle-free it’s also less expensive like what you said (price only differs slightly). and besides who would want to encounter rush hours?