Georgelennon
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The question is "Do you think Poundland will ever sell items for more £1?." I can't really think of how to start and talk about why they would sell for more than a pound. I can only answer why they would maintain at a pound for most items in the shop.
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Georgelennon
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(Original post by Georgelennon)
The question is "Do you think Poundland will ever sell items for more £1?." I can't really think of how to start and talk about why they would sell for more than a pound. I can only answer why they would maintain at a pound for most items in the
Please help meeeeeee
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Zarek
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There is a fundamental problem that as inflation rises there will be less things they can sensibly sell at a decent margin. So they will either have to sell more and more tat or increase price. Take a look in store now, I imagine there are already lots of things where the price is not strictly a pound. So it’s about whether marketing names need to be absolutely factual or just generally indicative of business strategy. I think people can accept that it just means that it is a cheap and cheerful offering. It does show the disadvantage of names that constrain, and hence this question. Pound Stretcher or Home Bargains leaves more flexibility.
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Georgelennon
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(Original post by Zarek)
There is a fundamental problem that as inflation rises there will be less things they can sensibly sell at a decent margin. So they will either have to sell more and more tat or increase price. Take a look in store now, I imagine there are already lots of things where the price is not strictly a pound. So it’s about whether marketing names need to be absolutely factual or just generally indicative of business strategy. I think people can accept that it just means that it is a cheap and cheerful offering. It does show the disadvantage of names that constrain, and hence this question. Pound Stretcher or Home Bargains leaves more flexibility.
I thought so too. Thank you. Btw, I think I am not sure why they would still sell at a pound for most items
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Zarek
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(Original post by Georgelennon)
I thought so too. Thank you. Btw, I think I am not sure why they would still sell at a pound for most items
Take a look on line. They have loads of things costing more than £1, while retaining sufficient £1 marketed items to live up to the name.
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Moana92
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I think the post about inflation is a really important point for you to include in your answer, but I'm also wondering about the issue of fake-advertising? I'm not an expert, so someone correct me if I'm wrong but if they advertise everything for a pound, aren't they obliged to ensure that everything is, infact, a pound?
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Zarek
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https://www.google.com/url?sa=t&sour...uB2okYq2EWPsIL
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