Product Pricing (or How much is the Doggy in the window?)
Why is it that when I go shopping to get my Toms Lucas Mens Vegan Classic I am always amazed by the price differences I find.
Product |
Toms |
Eilatan |
Amazon |
Nordstrom |
$54 |
$64.99 |
$52 - $59 |
$53.95 |
The prices on this product varies by $10 and does not include shipping. So what is the deal? Why do the price of products vary from one site to the next (not to mention from one store to another)? Well people, it is your job to figure this one out.
Individually, each of you will will research the price of each of the items from the following list:
- Quart/half gallon/gallon of milk
Gallon of gas
Round trip airline ticket between Boston and Los Angeles
Large pizza
Cell Phone (same phone - different companies)
CD by a particular musician (all of the group members must choose the same CD - artist and title)
Particular brand of LCD - 3D TV (same brand - different stores)
Quarter-pound burger (from different restaurants) - A product you choose
Create a Table (as shown below) Listing product (include image), price, place:
Product |
Price | Store/Website |
$54 |
Tom's | |
Milk (put you | ||
and so on..... |
Individually, save your work in a Word document saved as prod_pricing in your Intro to Business folder. Link this up on your worklinks.