Other People’s Recycled News | July 27 – August 3

3 Aug

Canada-U.S. price gap narrows

BMO economist says strong loonie and consumer outcry helped close gap to 6.8% from 18% last year

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Some retailers do help customers if manufacturers won’t

When shopping for appliances, look for warranty coverage longer than one year. Use a credit card that extends the manufacturer’s warranty. You can find information at the Financial Consumer Agency of Canada’s website, www.fcac.gc.ca, Credit Cards and You. Finally, find a retailer that will go to bat for you when the manufacturer says no.

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King of bargaining

When the federal government announced the home improvement tax credit in January, he hit upon a perfect opportunity for a liquidator: He reasoned those who had been coaxed out of a spending freeze still might want to cut corners on their home renovation costs and there was plenty of excess laminate, wood and engineered flooring inventory on the market for him to snap up at fire-sale prices.

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Lessons From The Fall Of Giants

The most important thing for any entrepreneur is learning from mistakes, and nobody says they have to be yours. Most small businesses can’t afford errors. Luckily the recent recession provides many mistakes from which to learn; and at a current cost of $3 trillion, somebody should be getting something out of this.

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Can-Do Customer Service

Let this anecdote serve as a reminder; the customer’s experience is all that matters.

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E-mail Marketing Still Works

The rush to tap into social networks to find new customers has people talking, hearts pounding and heads spinning. For businesses that want to reach younger consumers, finding the right online marketing mix can seem even more urgent and daunting.

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