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With Sanity reduced to 21 per cent market share, against JB Hi-Fi's 50 per cent, the chief strategy seems to be targeted towards rationalisation and increased competition from the Melbourne-based retailer, by gradually closing down large footprint stores within capital city CBDs, inner suburbs and airports (where JB Hi-Fi have a greater hold ...
JB Hi-Fi was established in the Melbourne suburb of Keilor East by John Barbuto in 1974, selling music and specialist hi-fi equipment. [3] Barbuto sold the business in 1983 to Richard Bouris, David Rodd and Peter Caserta, who expanded JB Hi-Fi into a chain of ten stores in Melbourne and Sydney turning over $150 million by 2000, when they sold the majority of their holding to private equity.
The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
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Portable CD players are powered by batteries and they have a 1/8" headphone jack into which the user plugs a pair of headphones. The first portable CD player released was the D-50 by Sony. [58] The D-50 was made available on the market in 1984, [59] and adopted for Sony's entire portable CD player line.
CD player Sony CDP-101 on display at the Museo della Scienza e della Tecnologia Leonardo da Vinci, Milan. Demonstration CD players from Sony had the disc placed vertically in the machine allowing the CD face to be visible through a transparent front whilst playing. The CDP-101 instead opted for a horizontal tray-loading system.
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