Some people find it inappropriate or even rude to talk about money and business. We think those people are wrong, and on the fast-track to a lifetime of battling against Poverty. The way out? Education. If you travel abroad and don't speak the language, you are at a disadvantage. Yet here in the US, millions cannot understand the language that ultimately drives most decisions they make. Cash Talk is here so we can all better know the language of Money and Business. Enjoy and prosper.
Friday, July 15, 2005
GM's Marketing Ploy a Success!
Ah...summer. Hot, humid days, outdoor cookouts, swimming pools and...new cars? If you've been watching TV lately, you may have noticed car commercials that offer a great rate on their models: you get the same discount that the employees do. Its a creative tactic and apparently its working. GM has increased their sales 41% last month. Chrysler and Ford have followed suit (even after Ford initially declined to copycat. I guess the numbers that GM put up convinced Ford to change its strategy) . Apparently feeling like an employee of a major car company is what the American public wanted? These are some serious discounts: A Ford Explorer normally goes for $32,895 but with the dicount it costs $28,739 (still too rich for my blood). Read the articles here and here.
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