Translate to:

Consumer Characteristics in an Economic Downturn

  • Rating: No Rating
Tradeoffs are a principle discussed in Economics. In a nut shell everybody makes tradeoffs. When the price of gasoline went to almost four dollars a gallon. This caused, what is termed in economics, what is called welfare tradeoffs. People started taking mass transit. Others cut back on the amount of fuel they used like staying home and watching a movie rather than going to the cinema. Using this logic we can deduce that this would be the same for fiberglass pools. On the contrare consumers also start looking for bargains. In my experience, in the luxury item category, consumers are looking for the best buy for their money. This is where a product differentiation strategy is extremely important and knowing full well the strategic marketing advantages your product has as compared to the other products in the market. Let me know what you are experiencing in your area.

Views: 47

Replies to This Discussion

I did not realize you can put links into the articles. For more information on Economics go to http://www.small-business-genius.com/Economics.html.

RSS

Sign in

E-mail

Password
 or Sign Up
By signing in, you agree to the amended Terms of Service and Privacy Policy.
Forgotten your password?

Events

Latest Activity

Profile Icon via Twitter
RT @PoolInfoSite: Add a pool house to your Memphis, TN swimming pool area https://t.co/rDhflqJ99u
Twitter2 hours ago · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: Memphis, TN pool contractors explain differences: gunite vs vinyl https://t.co/kPdWog2X3K
Twitteryesterday · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: Why is there a calcium build up in my pool? https://t.co/eR2lTGwPV5
TwitterMonday · Reply · Retweet
Kevin Misley joined PGN Admin's group
Thumbnail

Escape The Box

It's All About The Experience!Join Vance Gillette and Rex Richard in connecting to a new paradigm…See More
Monday
Profile Icon via Twitter
RT @PoolInfoSite: Memphis, TN pool contractors offer pool remodeling ideas https://t.co/1iGt03iC8B
TwitterSunday · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: 6 items to ask when meeting with a Memphis, TN swimming pool contractor https://t.co/LiNoTXjiXa
TwitterSaturday · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: Here are tips from the swimming pool builders at Advanced Pools, Inc. on what to look for in a po… https://t.co/y4XfIPI6lI
TwitterFriday · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: Learning to swim tips for adults in Memphis, Tennessee https://t.co/TuRLo4khUw
TwitterMay 16 · Reply · Retweet
Andrew J Limbrick updated their profile
May 15
Profile Icon via Twitter
RT @PoolInfoSite: Should you hire a CPO certified pool contractor? https://t.co/AOMDEm4enV
TwitterMay 15 · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: Caring for a swimming pool in the sunbelt https://t.co/Dm2Z3eNM1Y
TwitterMay 14 · Reply · Retweet
Land-Con Ltd - Landscape Design is now a member of Pool Genius Network
May 13
Profile Icon via Twitter
RT @PoolInfoSite: Memphis, TN swimming pool contractors offer pool landscaping ideas
TwitterMay 12 · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: Swimming pools add value to Memphis, TN homes https://t.co/WBlMNRBB7a
TwitterMay 11 · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: Poolside landscaping tips https://t.co/sxtek80QLS
TwitterMay 10 · Reply · Retweet
Profile Icon via Twitter
RT @PoolInfoSite: How to design the family swimming pool https://t.co/gW2HvQ2oFG https://t.co/gW2HvQ2oFG
TwitterMay 8 · Reply · Retweet

© 2019   Created by PGN Admin.   Powered by Pool Genius Network

Badges  |  Report an Issue  |  Terms of Service