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Korean Job Discussion Forums "The Internet's Meeting Place for ESL/EFL Teachers from Around the World!"
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bucheon bum
Joined: 16 Jan 2003
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Posted: Sun Jan 30, 2005 10:02 am Post subject: |
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| Tiberious aka Sparkles wrote: |
| animalbirdfish wrote: |
| I have to plead ignorant on this one. What exactly is a "loss leader" and how do I find them? |
It's where a retailer will sell a product at a discount, actually losing money on the sale. This is done to get rid of stock, or to, in the case of COSTCO, bring in customers who will buy more expensive stuff to make up for it.
Sparkles*_* |
wal-mart is king at this. |
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mindmetoo
Joined: 02 Feb 2004
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Posted: Sun Jan 30, 2005 4:07 pm Post subject: |
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| bucheon bum wrote: |
| Tiberious aka Sparkles wrote: |
| animalbirdfish wrote: |
| I have to plead ignorant on this one. What exactly is a "loss leader" and how do I find them? |
It's where a retailer will sell a product at a discount, actually losing money on the sale. This is done to get rid of stock, or to, in the case of COSTCO, bring in customers who will buy more expensive stuff to make up for it.
Sparkles*_* |
wal-mart is king at this. |
What makes wal-mart smart is they mark down "price conscious" items. Most people know the best price on about 20 products: toothpaste, deodorant, a loaf of bread, etc. Wal-mart keeps prices down on those items. Other items are where many people have no clue, like the price of a pillow or a lamp, wal-mart extracts its major profits.
Then there are people like me called "cherry pickers". They're the people with the flyers and the black grease pencil who swoop in, buy in bulk sale items, and swoop out.
Last edited by mindmetoo on Sun Jan 30, 2005 4:24 pm; edited 1 time in total |
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animalbirdfish
Joined: 04 Feb 2004
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Posted: Sun Jan 30, 2005 4:24 pm Post subject: |
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Strangely enough, I never went near Wal-Mart in North America. Couldn't stomach the place - fat mothers screaming at their screaming kids; NASCAR hats falling all over me; the smell of the ICEE restaurant...
In Korea, though, I shop there once a week for the bulk of my needs.
Inre: Costco - I have to agree that it's good for stuff like cheese, maple syrup and muffins, but the prices aren't so hot. I only go every two months or so, though, so I guess I'm doing all right. |
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gajackson1

Joined: 27 Jan 2003 Location: Casa Chil, Sungai Besar, Sultanate of Brunei
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Posted: Tue Feb 01, 2005 3:06 pm Post subject: |
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For specialty items that you would normally get from the black market or through a friend at the base; for couples/families who enjoy western food; for people planning a party; for small businesses catering towards western customers; for groups of friends; for people WITH A CAR . . . yes indeed, Costco rocks harder than a Cheat Commando.
Tortillas, chunk lobster meat, coctail shrimp, avacadoes, Guinness, truffles, iced coffee mix, Andouille & bratwurst, cheeses - the lists could go on and on. And that is just the grocery stuff.
Bulk CDs, discounted higher-end electronics, sauna-style 'bath-blankets,' Tide laundry detergent, Neutragena Body Oil, etc.
Again, C just wishes people would learn a little shopping ettiquette where browsing & baskets are concerned.
I DO agree places like Wal-mart are catching on, and may be better where a single individual is concerned. But I don't know a single person who has been and NOT been impressed. They just need to work out the public transpo end better.
Oh, yeah - and put one over here closer to the An-yang area.
Regards,
G. |
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John Henry
Joined: 24 Sep 2004
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Posted: Tue Feb 01, 2005 3:29 pm Post subject: |
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| peppermint wrote: |
| The product was a box of multi grain cereal. and apparently it had been taxed at 45%( yikes!) and the tax rate dropped to 5.4%, because they decided it was a processed food. |
Hold the phone.
So, NON processed food is taxed at 45%!!!???
Funny thing about Walmart, since this thread has nothing to do with it. It's illegal in L.A. for walmarts to sell groceries (thank you supermarket unions). When I moved to NM, I couldn't believe the size of the thing called "super walmart". Holy lost in space. You mean I can buy tires, tofu and underwear under the same roof? But it's pretty ghetto, so I pay more elsewhere. |
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Zenpickle
Joined: 06 Jan 2004 Location: Anyang -- Bisan
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Posted: Tue Feb 01, 2005 4:12 pm Post subject: |
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| animalbirdfish wrote: |
Strangely enough, I never went near Wal-Mart in North America. Couldn't stomach the place - fat mothers screaming at their screaming kids; NASCAR hats falling all over me; the smell of the ICEE restaurant...
In Korea, though, I shop there once a week for the bulk of my needs.
Inre: Costco - I have to agree that it's good for stuff like cheese, maple syrup and muffins, but the prices aren't so hot. I only go every two months or so, though, so I guess I'm doing all right. |
I still have problems going to the Mart of Wal in Korea. It's not only the inhabitants of the stores but the system-wide predatory practices. It's a corporate version of the Soviet Union, if you break down their practices and how much they control their employees and local economies and governments -- along with the fact that they're the largest employer in the U.S. |
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