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: 6

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

John replied to HAROLDO J LEVEL,'s discussion Do you think Automatic pool Skimmers solve a valuable problem?
"The skimmer cleans the surface in 15 mins, if you stop it more dirt arrives so in order for it to…"
yesterday
HAROLDO J LEVEL, replied to HAROLDO J LEVEL,'s discussion Do you think Automatic pool Skimmers solve a valuable problem?
"Using Automatic Pool Skimmers that moves with the bottom cleaner reduce the amount of time pool…"
yesterday
John replied to HAROLDO J LEVEL,'s discussion Do you think Automatic pool Skimmers solve a valuable problem?
"The biggest problem is that people switch off their filtration systems, some only run for 4-6 hours…"
yesterday
Thomas Jarvis commented on Kim Skinner's blog post Total Dissolved Solids (TDS) Chemistry
"RIchard  thank you so much for you invaluable input! I will look into the calcium chloride to…"
Thursday
Richard A. Falk commented on Kim Skinner's blog post Total Dissolved Solids (TDS) Chemistry
"You can increase your Calcium Hardness (CH) by adding calcium chloride to help balancer the…"
Thursday
Thomas Jarvis commented on Kim Skinner's blog post Total Dissolved Solids (TDS) Chemistry
"Richard - Thank you so much for the concise reply!  I work at a facility that has 6 pools…"
Thursday
Richard A. Falk commented on Kim Skinner's blog post Total Dissolved Solids (TDS) Chemistry
"Thomas, You are facing the acid/bicarb cycle that is well-known.  Basically, you have carbon…"
Wednesday
Thomas Jarvis commented on Kim Skinner's blog post Total Dissolved Solids (TDS) Chemistry
"Hello! I am a relatively new CPO charged with two of the older tile pools at the Holland Aquatic…"
Wednesday

© 2018   Created by PGN Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service

Offline

Live Video