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<blockquote data-quote="Dannyalcatraz" data-source="post: 5064467" data-attributes="member: 19675"><p>My point about buying online was in direct response to someone who was concerned that as online sellers gain market share and B&M stores continue to disappear, they will have more power to drive the book market to an entirely electronic model. This would be termed oligopoly- a market dominated by a small number of large retailers- and its nearly as bad for competition and consumers as a monopoly.</p><p></p><p>If, as the poster asserted, that dwindling #s of B&M stores is a major concern for that reason, it is logical that he spend more money at the B&M stores.</p><p></p><p>As for giving away samples- that is an effective marketing technique. However, don't fool yourself- each copy given away <em>IS</em> a copy not sold. A copy of a product that is given away thusly will be reflected in the company's ledgers as a debit- an expense- under a company's advertising/marketing/promotions budget- a reflection of its true nature as an economic opportunity cost. However, it is an economic opportunity cost that is calculated to be more effective than other forms of advertising- ads, commercials, coupons, etc.- which it usually is.</p></blockquote><p></p>
[QUOTE="Dannyalcatraz, post: 5064467, member: 19675"] My point about buying online was in direct response to someone who was concerned that as online sellers gain market share and B&M stores continue to disappear, they will have more power to drive the book market to an entirely electronic model. This would be termed oligopoly- a market dominated by a small number of large retailers- and its nearly as bad for competition and consumers as a monopoly. If, as the poster asserted, that dwindling #s of B&M stores is a major concern for that reason, it is logical that he spend more money at the B&M stores. As for giving away samples- that is an effective marketing technique. However, don't fool yourself- each copy given away [I]IS[/I] a copy not sold. A copy of a product that is given away thusly will be reflected in the company's ledgers as a debit- an expense- under a company's advertising/marketing/promotions budget- a reflection of its true nature as an economic opportunity cost. However, it is an economic opportunity cost that is calculated to be more effective than other forms of advertising- ads, commercials, coupons, etc.- which it usually is. [/QUOTE]
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