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Non-Tech : Borders Group (BGP)

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To: Charles Tutt who wrote (269)4/10/1999 8:23:00 PM
From: J.Y. Wang   of 411
 
> As for the stores: I like them, and I like the people who staff > them, but I think they
> need to be more aggressive on price (especially in the music > department). I find
> myself browsing Borders, but buying at the competition (even > though I'm a Borders
> shareholder!).

Clearly that's a problem for Borders. However, it's a problem for AMZN also. I browse AMZN, check out some book reviews, and then buy from buy.com. Why? Because buy.com's price is usually about 20% lower than AMZN. buy.com sells stuff below cost and supposedly makes it up with advertisements -- kind of like that SNL skit.

That's what customer loyalty has come down to in the 21st century.
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