Professor Mark J. Perry's Blog for Economics and Finance
Posted 8:44 AM Post Link
Links to this post
why not create a competition system, where you take a picture of the barcode, the computer via internet website searches for the best price including shipping, and then bargains with the store behind the scenes for a better price.The consumer can then either1) take the new lower price2) take the online price 'buy it now'3) save it for future search (better price)4) end that searchThe system then can collect more sales information that might interest you, and lures you back to that store when GPS shows you are near.
Post a Comment
Create a Link
Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
View my complete profile