Did anyone watch the CNBC Special on Supermarkets last night? Every evening, CNBC (after a day of live business news and stock market activity) shows in-depth programmes on business topics. (American Greed is one such favorite, Biographies another.) Last evening's showing about how supermarkets are run was very enlightening.
Amazing facts came to my attention - like, your average supermarket carries 45,000 different products - like Wal-Mart sells 25% of the food sold in the USA - like profit margins for the supermarket industry are around 1%.
What they know about their customers, what they do to entice customers to buy more, the extent to which they go to "stage" the produce - all makes our attempts at SEO for our websites seem quite antiquated.
Did you see the proramme? What did you thinkof it? Did you learn anything that could help your business, even though it's not a supermarket?
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