The phrase
"loss leader" refers to a product or service that is sold at a price lower than its actual cost, or even at a loss, with the intention of attracting customers. The purpose is to entice people to buy that item, hoping they will also purchase other profitable products or services while they are there.
Full definition
In the 60s, 70s, and 80s touring was primarily seen as a way to promote new records; in fact, tours often served
as loss leaders for record sales.
They basically have to insure with the other titles can be money earners and
not loss leaders.
Whether people pay $ 500 or $ 300 for their smartphones matters little to the company; the devices are
almost loss leaders that keep consumers in its overall ecosystem.
Learn how to
use loss leaders, media buys and sales events to the benefit of your retail shop.
That is just the nature of promotion and why
loss leaders work in every single business.
Many companies
offer loss leaders and will sell you a limited number of gold and silver coins just over spot at a very reasonable price.
At the other end of the spectrum, that's not to say that
loss leaders such as free books aren't welcome!
I do use coupons combined with good sales /
loss leaders when the price ends up being lower than the store / off brand.
Best sellers and some new issues were priced at a fixed $ 9.99 as the same kind of
loss leader strategy commonly found at the end of every super market aisle in the country.
I suppose you could consider your first few books
as loss leaders, losing most of your rights, but that's hardly an attractive option.
It's standard practice for retailers to
offer loss leaders (i.e. products sold below cost) to get customers into their store and buying.
I think BoB is very consumer oriented and I would hate to see a promising young e-tailer close its doors because of aggressive
loss leader pricing designed to gain a monopoly on the ebook reading public.
You know there is such a thing as
loss leaders in marketing to attrack coustomers.
Subprime and «liar» loans
became loss leaders that eventually caused the two mortgage giants to fail — with taxpayers so far on the hook for $ 111 billion in losses and perhaps hundreds of billions more to come.
I have one published, my only piece of fiction, and I give it away as a sort of
loss leader on Smashwords (it's still 99 - cents on Amazon since when you want them to match a price, it takes them for freakin» ever).
NX has been transitioned to the 8 teraflop
loss leader model with Nintendo ON VR packed in.
They are still, however, pretty
much loss leaders to get people to buy Kindle editions.
«Simpson Thacher's
Loss Leader Pays Off Main Firm Sued for Harrassment by Associate Claims She Never Worked There»
While you can't compete with the volume discounts and
loss leaders big companies leverage, you can win by offering unique products and a personalized level of customer service that can't be matched by bigger companies.
With these products, the manufacturers regard the handles or the printers as
loss leaders because the long - term revenue comes from selling the razor blades and ink cartridges.
It has already folded in three of the five largest metropolitan areas — Chicago, Philadelphia and Detroit — while it has been only a propped - up nonentity in New York and a cut - rate
arena loss leader in L.A. «I'm not kidding myself,» Foreman says.
And while Indonesia and Brazil remain the world's tropical
forest loss leaders, other smaller nations like Cambodia, Sierra Leone, and Madagascar are contributing more and more to the overall total, according to recent satellite data from the University of Maryland and Google.
They make all of their money that way, SJ and SB are
virtual loss leaders, they're intro drugs to get you hooked, then they start charging you a ton to support your habit.
The next major tactic was «permafree», or leaving the first book in a series permanently free, as a full -
time loss leader.
I have two titles for free at the moment, purely as
promotional loss leaders, and ironically, neither in KDP — the philosophy behind my free titles being that if you try my work, a substantial portion of you will not mind parting with the cost of a cup of coffee for more of it.
Those who argue its bad because it gives Amazon more power to set pricing (
loss leaders etc) and that will further entrench Amazon as the dominant player need to remember that Apple, Barnes & Noble and others would also be able to do such discounting.
Just like any other retailer, banks offer some discounted products,
called loss leaders, which attract customers who, the banks hope, will buy other, more profitable products once they are in the tent.
There are other benefits, such as
spotting loss leaders you can use to entice folks into your store, says Tim Ross, principal at Kendall Ross Brand Development and Design, a Seattle - based brand - building consulting company.
Promotional techniques
include loss leaders, deeply discounted products to drive in - store traffic; point - of - purchase items placed near the cash register; rewards programs to encourage loyalty; and sampling and in - store events.
You can also read more about using prints and smaller originals as
loss leaders here: How to Sell a $ 10,000 Painting Online.