In a series of price experiments, it was discovered that price reductions brought little change in the number of sales of full and discounted products. However, when the price was dropped to zero, the free products took a large market share away from the higher priced item. The results were published in a November-December 2007 […]
Archive for the 'Studies & Stats' Category
The Marketing Power of Free
Published by February 7th, 2008 in Marketing tips and Studies & Stats. 4 CommentsSleepless In Atlanta?
Published by February 5th, 2007 in Best Places, Real Estate News, Sellsius Real Estate Blog and Studies & Stats. 4 CommentsLink to Artist website. (great work inside)
Bert Sperling of Sperling Best Places has updated his “Best and Worst Cities to Sleep“. The 2006 findings were based on analysis of data from the CDC, Bureau of Labor Statistics and the U.S. Census Bureau. For better or worse, here’s Bert’s List:
Best Cities to Sleep
1. Anaheim, CA
2. […]
Women Buyers Most Influenced By Advertising Inserts
Published by December 21st, 2006 in Advertising, Business, Buyers, Retail and Studies & Stats. 4 CommentsWomen buyers are more influenced by advertising circulars/inserts, television and newspaper ads than the internet, according to a recent study by Vertis. It’s not even close. When asked which MOST influences their buying decision, 67% said either TV, print circulars or newspaper ads. Advertising circulars and inserts were #1 at 38% (up from […]
The Best Real Estate Websites
Published by December 10th, 2006 in Community/ Web 2.0 and Studies & Stats. 14 Comments
Amazon UnSpun is a community opinion site that helps you find the best of anything. If you believe in the Wisdom of Crowds, this site will interest you. Just our opinion. The site is newly launched so the data is limited. According to UnSpun:
The Best Real Estate Websites:
1. Realtor.com
2. Re/Max
3. Century21
4. […]
NAR Reports Sales Down Nationally
Published by November 27th, 2006 in Co-op, Condo, Home sales, Residential Real Estate and Studies & Stats. 12 CommentsNAR released its turkey of a sales report for the third quarter last Monday, while we were out buying our birds. Your local market may be rosy but the big picture shows the bloom fading nationally as winter approaches. Bundle up folks, it’s going to be cold out there.
Nationally, the total numbers for sales […]
Google 58% Accurate in Diagnosing Difficult Medical Cases
Published by November 21st, 2006 in Hot News, Residential Real Estate, Studies & Stats and zillow. 4 CommentsGoogle correctly diagnosed 58% of the cases having difficult medical symptons, according to a study conducted by Australian doctors, reports Guardian Unlimited.
The doctors concluded that: “In difficult diagnostic cases, it is often useful. Web-based search engines such as Google are becoming the latest tools in clinical medicine, and doctors in training need to become proficient […]
The Mesmerizing Magic of the Median: Statistical Sleight of Hand?
Published by November 13th, 2006 in Residential Real Estate, Studies & Stats and zillow. 9 Commentsthe proverbial kinds of falsehoods, lies, damned lies, and statistics (Mrs. Andrew Crosse, 1892)
Every Housing Report, whether by NAR, appraisal firms or AVMs, touts the magic word “median” to imply that the results are a true reflection of market reality. Read the articles in any newspaper or online source and this magic word is […]
Micropolitan: The Super-Sized Small Town
Published by October 12th, 2006 in Residential Real Estate and Studies & Stats.Micropolitan is a relatively new geographic entity defined by the US Office of Budget & Management (OBM). Unlike a metro area which contains a core urban area of 50,000 or more population, a micropolitan contains an urban cluster of at least 10,000 (but less than 50,000) population plus adjacent counties […]
William Holland (1814)
According to a Tax Foundation report of October 3, 2006, the 20 counties (population above 60,000) with the highest property taxes (owner occupied housing) in the nation are:
20 of the top 21 tax gouged counties are in New Jersey, New York & Connecticut. The top four states with the highest property taxes are […]
The Madness of Crowds
Published by October 9th, 2006 in Community/ Web 2.0, Rant, Social Network and Studies & Stats. 8 Comments“Men, it has been well said, think in herds; it will be seen that they go mad in herds, while they only recover their senses slowly, and one by one.” (Charles Mackay)
The Wisdom of Crowds by James Surowiecki is often cited for the proposition “the large crowd is smarter than the expert few”. […]
