ollyk1 said:It makes sense to me. If you have a competitor who has a big slice of the market they can therefore afford to offer a discount that undercuts the competition until the competition is forced to leave the market and they can then jack the prices up.
What the hell are you saying Clubman. You know everything. That's one of the constants in my life and I have thousands of posts on AAM to prove it. Don't start messing with my head!!ClubMan said:Then again, macro level issues like this (and in economics in general) were never my forté.
Gabriel said:Guys,
I'd be very interested in your feedback on the following.
I recently made the move from eircom to a competitor who were offering me free line rental. I asked eircom what incentive they would offer me to stay with them and they said none.
I was astonished at this and told them they needed to go back to business school and that when their dominant market share begins to dwindle they might just change their tune about being so nonchalant about losing customers.
Their reply to this was to state that it's because of this dominant market share that they can't offer incentives...or in their words "because we have the dominant markt share that we are restricted from offering incentives. It would be deemed unfair practice."
Does this make sense to anyone? Does it ring true? In who's eyes would it be deemed unfair practice?
I witnessed a local Eircom account manager committing to give additional discount on top of their published price lists during a contracts negotiation with a nudge/wink attitude towards the published pricing about 6 years ago. They didn't get the contract.jdwex said:Eircom have a published price list and they have to stick to it. They are not allowd to give ad hoc discounts-if thery do they will end up in the high court if competitors find out.
jd
RainyDay said:I witnessed a local Eircom account manager committing to give additional discount on top of their published price lists during a contracts negotiation with a nudge/wink attitude towards the published pricing about 6 years ago. They didn't get the contract.
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