Amazon recently launched the new Amazon Kindle Fire. This new tablet is a direct competitor to Apples iPad with the Fires shockingly low price tag of $ 199. The price is so low that, according to Business Insider, Amazon actually loses $ 50 on every Kindle Fire sold. This just might help Amazon take some of Apples market share where the HP tablet couldnt a few months ago. Whats the catch? Amazon is using a loss leader. In the recent blog post Follow Amazons Lead: Use a Loss Leader, the Business Finance Store describes Amazons use of this pricing tool and how small businesses can follow their lead to maintain a profit.
Amazon is pricing their Kindle Fire without making a profit. However, Amazon hopes to make up this profit through sales of other related, complimentary products such as apps, eBooks, movies, etc. Businesses following Amazons lead dont have to make everything artificially cheap to survive. Losing too much money by making your product less expensive than others can be detrimental to business. Choosing the right loss leader is key. Read more about loss leaders and Amazons pricing strategy at the Business Finance Store blog.
The Business Finance Store is a business financing and consulting firm that offers customized Business Financial Solutions. Seasoned professionals offer assistance in a variety of financial solutions to help small businesses succeed such as:Business Financial Solutions, Legal Solutions, and Accounting Solutions.
The staff at The Business Finance Store understand that starting and growing a business is an exciting time. They keep it exciting by taking care of some of the most difficult aspects, by providing legal advice, helping with vital responsibilities like accounting & bookkeeping, and by obtaining business finance. They can quickly and easily guide entrepreneurs through many different complicated processes, and put them on the path to success.
For 10 years The Business Finance Store has been helping startups and other small businesses legally structure their companies, find the right franchises, get the funding they need, and to achieve the American Dream of owning their own successful business. Since expanding nationwide in 2007 they have helped thousands of companies and have funded over $ 60 Million in business credit lines, not including SBA loans. The Business Finance Store sees limitless potential in the current climate, and looks forward to many strong years of growth to come. Take some time to review their services, and give them a call.
For more information, or a free, no-obligation analysis of your business needs, visit The Business Finance Store, visit http://www.businessfinancestore.com. A member of their professional staff will contact you to discuss your business' short and long-term goals. Whatever you need, The Business Finance Store is there.
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