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Sebastian Ritscher
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BARGAIN FEVER

Mark Ellwood

How Discounts are Changing the Way We Buy

A spirited exploration of the world of bargain hunting and how customers and retailers try to one-up each other in countless ways, filled with information for shoppers who enjoy the sport of getting more for less.
When Coca-Cola offered the first retail coupon in the 1880s, customers were thrilled. But today, one in four American shoppers will only buy something if it’s on sale, and almost half of all merchandise carries a promotional price. The relentless pursuit of deals has totally disrupted the relationship between buyers and sellers.

In this playful, well-researched book, journalist Mark Ellwood investigates what happens to markets when everything’s negotiable. From the haggling bazaars of Istanbul to Black Friday at a Long Island mall, to pinnacles of global luxury such as Hermes and Louis Vuitton, sellers and shoppers are engaged in a constant game of cat and mouse.

Price consultants use the latest findings in neuroeconomics to fool shoppers into thinking they’ve gotten a great deal. Consumers, on the other hand, are more empowered than ever by technology, from coupon apps to strategic Twitter analysis. And some brands resist the trend entirely, opting to set their unsold merchandise out to sea and shred it rather than slash prices.

Enlightening as it is entertaining, BARGAIN FEVER offers invaluable insights into how shopping works today. Mark Ellwood is a British-born, New York-based journalist whose reporting on retail has appeared in The Financial Times, Bloomberg BusinessWeek, W, GQ, and Travel + Leisure, among other publications. He is also a TV producer and presenter.
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Book

Published 2013-10-01 by Portfolio

Book

Published 2013-10-01 by Portfolio

Comments

How to Shop in a Discounted World, on how to haggle with flair. Read more...

Media

Highly informative and entertaining… Like Paco Underhill, Ellwood helps us understand our own frame of mind as customers while also providing insight into the point of view of the people whose products we buy.

Chinese (simplified) rights to Grand China Publishing House Chinese (complex) rights to Briefing Press

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You look up and there's Kate going through the 60% off rack': Sale guru reveals the Duchess's shopping tactics and how YOU can score the best bargains. Read more...

An eye-opening, readable examination of the world of bargain shopping in today’s retail world. Read more...

Korean rights to Cheom Books Chinese (simplified) rights to Grand China Publishing House Chinese (complex) rights to Briefing Press

While Ellwood discloses intriguing tidbits about how Americans shop, he also explains the vastly difference purchasing habits of the Chinese, Germans, and Japanese. Well-written and illuminating, Ellwood reveals the implications bargain shopping holds for American retailing not just in the present, but for years to come. Read more...