Marketing & Advertising

What you can learn about product pricing from prostitutes.

Mar 20th, 2008 | By Kevin | Category: Marketing & Advertising

Sometimes the best thing to do when facing competition is to raise your prices. I found an interesting take on the Spitzer saga in the Washington Post. Columnist Harold Meyerson writes about high end prostitutes as positional goods.
Positional goods are those commodities that are more valuable than their run-of-the-mill counterparts because a [...]