Spring: a time of sales : Economic Analysis
Original price was: $34.99.$14.99Current price is: $14.99.
What you’ll learn
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Black Friday – who gains?
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Black Friday – who loses?
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Types of pricing policy
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The psychology behind Black Friday
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Alternatives to Black Friday
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Retailers strategies
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You will also learn something about yourself
THIS COURSE IS CURRENT AS AT 4th January 2022
The course includes a WORKBOOK.
A new section has been added about…you!
Black Friday Economics looks at the Economics behind Black Friday – but also the Ethics.
We look at:
1. Black Friday history
2. Pricing policy – not just ‘sale price; but the strategies within the strategies!
3. Black Friday ‘traps’
4. The psychology behind deals – you are welcome to share your own personal experiences!
5. Violence
6. Retailers’ strategies – is the bottom line simply to gain more revenue?
7. Guilt – just one party or several?
8. Behavioral Economics
8. Alternatives
Very current.
The course is bolstered with film clips, studies, recent newspaper articles and examples. We also look Cyber Monday. Black Friday is very soon – what you learn here, what you consider – and any discussions you take part in, may just influence your behaviour…
What will YOU be doing on Black Friday/Cyber Monday/ Green Monday?
The material on this course covers responses to ALL sales – cyber and High Street – and we look at the history, the strategies and the results. Some of this may make uncomfortable viewing – especially if you have queued all night only to find the price reduction was on ONE item only! In terms of ethics, of course we look at the ethics of the marketing but also is the consumer (yes, the one who pushes to the front of the queue, hurdles barriers, fights other consumers to get the ‘super sale’ TV, – blameless?
Who this course is for:
- Students who see Black Friday promotions anywhere
- Students studying Business, Economics or Philosophy and Ethics
- Students who work in the retail sector
- Students who have lost their job and are now unemployed
10 reviews for Spring: a time of sales : Economic Analysis
Add a review
Original price was: $34.99.$14.99Current price is: $14.99.
Rey L. Vallespin –
Why learning english? It is essential in today’s globalized world. Thank you mr. Chris you such have a wonderful heart, we’re not only learning but we had now an idea how to learn more. More power to your programme and your motivation or desire to achieve for helping people also for those in needs.
Vlad –
yes, theory about consumer psychology, you could make your course less in time without any loss of its meaning
Kasparov Jean Jacques –
Well, I should say this is not the type of content I expected normally from an economic course. It’s like a small talk with someone where you need argument to defend you thought.
Subhrajyoti Saha –
Another fantastic course by Chris. In this he has highlighted the various marketing tactics used by retailers during holiday season to entice the customers. He obviously delves into the economics of the same but also questions the value proposition from the customer POV. Also highlighted are the reprehensible behaviour of people who in the quest to land the discounts indulges in the most shameful behaviour. So overall he not only analyses the entire discourse from the prism of an economist but also shares his own stance on the same from the POV of his values and ethics. Overall a very good course and a lot of thing I learnt.
Thanooj Kambrath –
Explanation about the topics are done very precisely by the instructor. The Q&A section helps to see other students view about certain events. Its a nice course overall.
Nabeel shaikh –
The course was very comprehensive and easy to understand. The instructors made sure that they are giving the information in a way that won’t make me confused. The homeworks gave me more idea about the topic.you so much for this great course!
Franklin Daniel Bustillos Blacutt –
As in all courses tought by Chris, you will have plenty of themes/lessons to learn, and your questions will be read, an answered. If some of the content/unit not directly related to sales does not interest you, you can simply skip it. I personally enjoyed the course and learnt a lot about sales and heart strokes.
Ryan Quinn –
A Deep Insight Into Economics, Politics & Sociology
Initially I downloaded this course as I was bored, had spare time on my hands and because I had a genuine interest in economics. I saw this course was taught by Chris Sivewright, a world-class economist, teacher and author and I thought to myself “Well surely this course must be good if it’s by him? But why is it free? What does he have to gain from having free coupons to his course which he’s invested time and money into?”. I soon found out the answer to this question, it’s because he’s not looking to make money off this or to further his self-esteem or anything of that sort, it’s because this man is genuinely looking to help educate people on things people may be unaware of such as: the tricks retailers use to manipulate customers into buying their products, the dangers of large transnational corporations such as Amazon and how social behaviours shape modern economics.
The course begins with a set of rules which students MUST follow in order to gain the most out of the course such as posting in the Q/A and posting your answers in pre-existing threads for questions already asked. I would highly suggest everyone to follow and to respect these rules and these help to add a sense of community and by extension, shared learning and engagement to the course which benefits everyone involved.
The prelude of the course begins with by helping the viewer of the course to understand societal-economics and delves into concepts such as anchoring in a fun and engaging manner whilst relating these economics concepts to the world around us. I thought this was quite clever on Chris’ part and that it added a element of uniqueness to the course, that when combined with the Q/A function helped to solidify these concepts in my head and relate them better to everyday-life.
The course then follows on, with a deep dive into Black Friday (and how these retailers employ various strategies such as loss leader pricing policies on this day in order to maximise store sales), price discrimination, buyer’s remorse and behavioral economics. It does this all while relating all these topics to human physiology, something which I as an AS business studies student rarely see done in CCEA textbooks! overall, these sections in particular were very interesting to me and really fascinating.
The next two sections provide guidance on how to avoid the tricks retailers use and how to become more ethical and socially responsible when shopping. In addition to this, these sections push you to connect more with people in the course’s Q/A and it pushes you to improve the quality of your written communication as you are expected to write in a more essay-like structure towards the end of the course.
Finally, the last section lectures us on the devastating social and economic burdens of strokes on teaches us how to prevent them and provides us with suggestions on how to recover from them. This section also highlights the importance of the UK’s voluntary sector and asks us if hypothecated taxes are a suitable solution to provide funding for public health services.
Overall, I believe this course is truly superb and would be of great value to anyone who has an interest in society, economics or politics or even just to someone who wants to better informed on how to more effectively shop in the future. I am yet to finish the extended essay at the end of this course but, I will say I really enjoyed this course and hope everyone else who does it enjoys it too.
Thanks Chris for the course and thank YOU for reading my review on this wonderous masterpiece!
Shah Jayed Ahmed –
I started it being a bit skeptical but the more I watched the quicker it changed my mind. There is so much to learn here
I enjoyed the course and learned a lot from it. Contents are well organised and focused. This course was short but very informative and very helpful. It also helped me understand different point of view. This is the BEST online course I’ve taken.
Elly Alford –
The pace is too slow for something I can read myself. Too many testimonies.
The lecturer is very emotive in his responses and not instructional in a welcoming way.