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Buyer Beware: The Truth Behind Huge Discounts

Posted by Closets & Cabinetry by Closet City on 2/1/17 5:29 PM

“Are you actually getting a discount, or is it just a pricing trick?”

Harvard Business Review asked that question last year in a piece about the pervasiveness of “misleading retail reference prices.”

In this case “reference price” is a catch-all term that refers to list price, original price, manufacturer’s suggested retail price, etc.

As HBR’s Rafi Mohammed writes, businesses should – in theory – be allowed to set whatever price they want in hopes of making sales.

Buyer Beware: The Truth Behind Huge Discounts

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New Home Trends for 2015

Posted by Closets & Cabinetry by Closet City on 6/6/15 12:06 PM

 

A functional and organized closet is on the wish list of many new homeowners.

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