Category: Shopping

Thursday, January 13th, 2011

The price of John Lennon’s ghost

How much would you pay for basking in the aura of John Lennon’s former presence? On February 5, the British auction firm Bonhams will auction John Lennon’s first car, a blue 1965 Ferrari 330 GT 2+2 Coupe, which he bought … Continue reading

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Monday, December 20th, 2010

The Value of Christmas Presents

Christmas is fast approaching. So it’s probably a good time to remind all of you that buying presents for your friends and family imposes a drag on the economy. If you really want to do good give cash instead. This … Continue reading

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Friday, December 17th, 2010

What’s the most popular cheap Chinese knockoff?

Shoes, according to counterfeit seizure statistics from American customs. But maybe this just means it’s easier to detect counterfeit Nike’s than, say, fake Hublots. Customs and Border Protection says 79% of counterfeit goods seized at the border came from China … Continue reading

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Tuesday, December 14th, 2010

The Price of Color

Of course packaging is designed to urge us to buy. For Sale signs are not written in shocking imperious red by chance. The color is meant to communicate BUY! NOW! Color, in fact, has very nuanced effects on purchasers’ habits. … Continue reading

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Thursday, December 9th, 2010

The Best Price

Could the Internet give us a store where we can get the best possible deal on any item?  (Tip: you might get it for less if you click through to compare prices.)

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Wednesday, December 8th, 2010

The value of comparing prices

Companies better get used to the idea of shoppers armed with smart phones, instantly comparing the prices of their wares with those at on and offline competitors. There are already a handful of apps for consumers to scan barcodes and … Continue reading

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Sunday, November 28th, 2010

The Price of Shipping

Amazon may have just pulled off the most astonishing feat in retail: to get its customers to pay for the privilege of buying more. Amazon’s Prime service, which offers customers free two-day delivery for an annual fee of $79, has … Continue reading

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