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What is the difference between an idea and a business? Action. If you don’t take any action on your idea, it remains just an idea. If you do take action, you have the potential of growing a business. Chip Grueter, the President of DealerRater.com is a doer.
Car shopping can be a […]
AbsolutelyNew:
You see the latest from the “cheap chic” folks at Target – a digital camera gift card? That’s right, they’ve introduced a Target gift card that can be loaded with $50 to $1,000 of store credit… that also features a basic digital camera about as good as the one on your cell phone.
Like with […]
The Wall Street Journal:
When Summer Mills visited her local CVS drugstore recently, to save a few dollars she bought the store-brand facial scrub rather than the Olay version she normally uses.
“I thought I’d be able to tell the difference, but I couldn’t — I looked at the ingredients and they seemed almost the same,” says […]
USA TODAY:
Financial insecurity is forcing Wal-Mart shoppers to change buying habits, cut credit card use and live more paycheck-to-paycheck, the CEO of the U.S. division of the world’s largest retailer said.
Economic pain is leading to what Eduardo Castro-Wright termed “disturbing behaviors” among shoppers over the past few months.
For instance, more families are buying baby formula […]
Associated Press:
Adrienne Radtke plans to keep riding her bike to work even if gas prices drop.
Steve Pizzini got rid of his Cadillac Escalade in favor of a 16-year-old Acura and doesn’t expect to have another gas-guzzler.
“I had a paradigm shift,” said Pizzini, a financial analyst. “I spent the money on a nice car. But to […]
Forbes:
John Wood, owner of The Green Grocer, a natural foods retailer in Portsmouth, R.I., is feeling the squeeze.
As the U.S. economy flirts with recession, another toothy threat looms: inflation. And there are few places where those rising prices sting more than in the grocer’s aisle.
“[I’ve raised prices] just three to four times per year,” in […]
LocalNa8ion.com:
Every business can apply the rules that make eCommerce sites more effective to make more local sales of products or services. There’s a lesser known secret about how your web site can drive offline sales that eCommerce practices make more clear: the secret is that good web sites influence almost $3.5 dollars of in store […]
The New York Times:
Microsoft is one of Wal-Mart’s biggest suppliers. But that did not stop the Wal-Mart employee in charge of buying computers from panning Microsoft’s newest operating system, Vista.
“Is it really all that and a bag of chips?” he wrote on his blog. “My life has not changed dramatically — well, for that matter, […]
Blogging Stocks:
One of my favorite books is Patricia Seybold’s “Outside Innovation.” Her main point is that much of a company’s innovation will come from outside its walls — such as employees, partners, investors, and so on.
For example, the hip online clothing retailer, Karmaloop, gets about 40% of its brand ideas from its customers.
Of course, […]
The New York Times:
A study in The Journal of Consumer Research finds that people have more trouble choosing between bad alternatives than good ones. In one experiment, college students were asked to choose between a car with a poor warranty and one without air-conditioning. They took 26 percent longer to choose than students who were […]
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