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To: Still Thinking

They are selling the same product, but have differentiated it in the mind of the customer. This is how you get more money for something, by letting the customer perceive greater value.


200 posted on 08/27/2007 6:21:35 PM PDT by steve8714 (Spiderpig..Spiderpig..does whatever a spiderpig does...can someone get that out of my head?)
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To: steve8714

No, I maintain that in most cases the product is not the same, even if you don’t want to include the shopping experience as part of the definition of the product. K-Mart doesn’t sell the same goods as Macy’s, in most cases.


226 posted on 08/27/2007 10:24:52 PM PDT by Still Thinking (Quis custodiet ipsos custodes?)
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