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Old 04-05-2011, 10:58 AM
  #92  
mzsooz
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Join Date: May 2010
Posts: 1,183
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I would like to address the sale and clearance prices on our fabrics. When you see these fabrics on the clearance table and are marked down considerably just remember this.....they are probably selling those fabrics at BELOW their own cost. And when you see the 20% or so discounts they are probably selling their fabrics AT COST. That means NO PROFIT. They are counting on you coming in for those discounted items and being impulsive and buying other regularly priced items. They used to call these "loss leaders". Not sure if that term is still used but I know this practice is quite common.

My brother worked at Kmart and he told me they would have a huge sale on a camera that was well below Kmart's cost just to get you in the door. Of course if it is like most kmarts you would have to get a rain check on it! :lol: :lol:
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