I am also an infrequent Whole Foods shopper. Some anecdata to share: I went to Whole Foods the week before the announcement and then again today. I was very sensitive to pricing on the first visit (and, frankly, was pretty surprised at how expensive most things were). On the second visit today, I noticed big drops in the prices of certain items, such as fish, produce, and yogurt. For instance, I don't think there was…
Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
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Re: Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
#42Earlier quoted context omitted.
If you live in a town with a Whole Foods, you already know it's there. And nothing physically changed to the stores overnight. Announcing a price cut seems way more likely to draw in comparison shoppers to see what cuts were made, and if they compare to people's current regular supermarkets.
So along that line of thinking, everyone knows the McDonalds is there so there's no reason for McDonalds to ever pay for advertising.
Re: Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
#43As the article hints, this jump is likely driven in part by the millions of dollars of free advertising Whole Foods received from the news, and not simply because there were price cuts.
If you live in a town with a Whole Foods, you already know it's there. And nothing physically changed to the stores overnight. Announcing a price cut seems way more likely to draw in comparison shoppers to see what cuts were made, and if they compare to people's current regular supermarkets.
Re: Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
#44Earlier quoted context omitted.
So along that line of thinking, everyone knows the McDonalds is there so there's no reason for McDonalds to ever pay for advertising.
Most of that is advertising deals and/or new products.
Re: Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
#45Earlier quoted context omitted.
If you live in a town with a Whole Foods, you already know it's there. And nothing physically changed to the stores overnight. Announcing a price cut seems way more likely to draw in comparison shoppers to see what cuts were made, and if they compare to people's current regular supermarkets.
So along that line of thinking, everyone knows the McDonalds is there so there's no reason for McDonalds to ever pay for advertising.
Say Coca-Cola buys McDonald's Corporation and it makes a splash in the business community and restaurant blogs. Then the new joint company announces that all soft drinks are $0.10 from now on.
Traffic spikes 25%. Which of those two events was the cause?
Re: Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
#46I am also an infrequent Whole Foods shopper. Some anecdata to share: I went to Whole Foods the week before the announcement and then again today. I was very sensitive to pricing on the first visit (and, frankly, was pretty surprised at how expensive most things were). On the second visit today, I noticed big drops in the prices of certain items, such as fish, produce, and yogurt. For instance, I don't think there was…
The apples you saw were picked 5-12 months ago. Source: http://www.businessinsider.com/supermarket-apples-10-months-...
Re: Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
#47Earlier quoted context omitted.
White label Milk, eggs, and some other stuff has always been price competitive at whole foods... Sometimes I found milk cheaper at whole foods than safeway!
To be fair Safeway is also very overpriced...
Re: Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
#48Earlier quoted context omitted.
> I really wish we would just ban grocery stores for good and try to go back to this form of food consumerism. I'm sure that'll work out great for people who live in poor communities: https://en.wikipedia.org/wiki/Food_desert
It would help them the most -- getting rid of grocery stores that sell low quality, sugary mass produced foods and going back to local micro farmers markets is in what form of reality a bad thing?
You seem to be reductive.
Re: Amazon's Whole Foods Price Cuts Brought 25% Jump in Shoppers
#49Earlier quoted context omitted.
If you live in a town with a Whole Foods, you already know it's there. And nothing physically changed to the stores overnight. Announcing a price cut seems way more likely to draw in comparison shoppers to see what cuts were made, and if they compare to people's current regular supermarkets.
Price is the #1 reason I do not choose to shop at Whole Foods. If they fixed price, I'd be in there a lot more - the food is generally better, but not so much better to justify the price increase (for me).