Research focuses on impact of strategic shopping
https://phys.org/news/2018-07-focuses-impact-strategic.html
"When people know that a new version of a product is coming, they either wait to buy the new one, or when the new one comes, they buy the old one at a discounted price," Sethi said. "Some people just want to have the newest products. Others wait until the new product becomes bug-free or less expensive."
The paper uses Apple and Zara as examples of companies that make significant investments in research and development activities and frequently bring out new products.
Research focuses on impact of strategic shopping
Jul 16, 2018, 12:39pm UTC
https://phys.org/news/2018-07-focuses-impact-strategic.html
> "When people know that a new version of a product is coming, they either wait to buy the new one, or when the new one comes, they buy the old one at a discounted price," Sethi said. "Some people just want to have the newest products. Others wait until the new product becomes bug-free or less expensive."
> The paper uses Apple and Zara as examples of companies that make significant investments in research and development activities and frequently bring out new products.