i hate how the term ‘loss leader’ is bandied about like i’m meant to feel sorry for them so generously losing money on something when at the end of the night it’s obviously one transaction for everything with a healthy amount of profits baked in
Belgium. You are not allowed to sell any item at a loss. Fire example Ikea had to increase the prices of its restaurant and a supermarket that did a 3 for 1 promo got in trouble.
i hate how the term ‘loss leader’ is bandied about like i’m meant to feel sorry for them so generously losing money on something when at the end of the night it’s obviously one transaction for everything with a healthy amount of profits baked in
But think of the shareholders and CEO. Won’t someone please think of the shareholders and CEO?!
It’s not meant to make you feel sorry for them and in fact it’s an illegal tactic in many places
What places are those?
Belgium. You are not allowed to sell any item at a loss. Fire example Ikea had to increase the prices of its restaurant and a supermarket that did a 3 for 1 promo got in trouble.