by Editor » Wed Apr 08, 2009 5:43 pm
- Motto: ""I'm not even supposed to be here today!""
- Weapon: Shotgun
The context is that somebody ultimately is responcible for the blunder that allowed the sale price to be that low.
For what ever reason, It seems that the sale price indeed was suppose to be about $23, but was gaffed at $5. Now that gaffed price was able to reach the print ad departments, the online flyer, the in store price markers, and the online web catalog. now if Target is set up anyway near the way it was when they were parnered with Amazon, then I know the system is similar to the way that Future Shop (Best Buy Canada) is which my friend works in the print ad division and laughs at what has happened here.
Those division are all maintained by different people and yet they all have the same (Clearly wrong) Information that had to get past advertising managers, store managers, and who knows how many office workers and techs. and yet it still got to that point. In reference for the print ads, those most likely had to be cleared and authorized for print atleast a week before they shipped.
It is highly unlikely that nobody thru that whole process would have missed the huge price difference (80%) and not said anything so somewhere along the line there had to be a manager, or supervisor who was presented with the data and either disregarded it or ignored what people told him.
This person/or persons has directly cost the company about $17 on each unit sold, and seeing I would doubt that Target pays more than 5-8 dollers a unit, they are running a loss on each unit.
Wiki states that Target has 1,685 stores (as of October 2008) so lets ball park this.
1685 locations, we are hearing that prior to the sale that store were running a handful up to 20 or so sets on display, so we'll round that to 12 sets (6 or each) per store so 20,220. Even if half of that was sold before they started pulling units, that is (at $17 lost per unit) a loss of $343,740.
If if does look like a single person is responcible, for a loss of over $340k than that person should be canned, or demoted to store level sent to the worst location they have and be made store janitor, with a special coveralls stating "I lost this company over $300k. Ask me how!"
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