4/12/2007

Business numbers - heard from local radio station

1) Overall, the shop-lifting in US is costing almost 1.5% of total retail business revenue. In some part of US, it is organized crime. No wonder many companies are joining force, adapting new technology (such as RFID), and building national/regional shop-lifting monitor database.

2) Marketing new products is hard. On average, 85% of new products launched didn't pay off.

2 comments:

gledwood said...

shop-lifting??!? I know quite a few people who have been known to engage in that activity ...

Fascinating blog you've got here. I found you by accident, pressing that next blog button at the top.

I do a blog too: it's pretty different to yours, more my secret diary online. So you must come there, read my most intimate confessions. I promise they will entertain your head off!

Also, you might be able to assist my with my giant wasps problem ... or maybe not!!

See ya there.
All the best to you
from
Gledwood
(Gledwood Vol 2)
(http://gledwood2.blogspot.com)

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