#businesspractice — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #businesspractice, aggregated by home.social.
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The most misused word in current #marketing parlance is #luxury.
Truly luxurious goods or #services are characterized by an upward sloping demand curve & inherently #exclusive i.e. #Veblen #pricing.
Thus terms such as "affordable-luxury" & "premium" aren't analogous to the aforesaid.
#business #strategy #businessmix #businessstrategy #businesspractice
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The most misused word in current #marketing parlance is #luxury.
Truly luxurious goods or #services are characterized by an upward sloping demand curve & inherently #exclusive i.e. #Veblen #pricing.
Thus terms such as "affordable-luxury" & "premium" aren't analogous to the aforesaid.
#business #strategy #businessmix #businessstrategy #businesspractice