Posts Tagged ‘promotion’

An interesting idea for shop owners

Tuesday, January 26th, 2010

Being on a conference in a place where usually spend vacation time…
One of the local companies demonstrated an interesting technical solution for solving next problem of internet shops:

Some company announce that it is ready to sell certain product at X price instead of standard Y – if the whole stock of N product items will be bought at the same time.

Then the customer is involved into getting N buyers of the product for this company, not only the company itself.
Of course, the program can be much more complex – the price can depend on the date, one can define a limit for price decline, there can be various options to handle purchase refusals, but the essence is this: “Hey, customer, let’s get those N other buyers and you will get the product cheaper”.