Description: Prices of goods online have now risen for an unprecedented 15 consecutive months, following what was a historical period of declines, according to a new report from Adobe Digital Insights.
Source: CNBC.com – video report
Date: Sep 15, 2021
Link: https://www.cnbc.com/2021/09/15/how-inflation-is-hitting-online-prices-of-apparel-to-furniture.html
Questions for discussion:
- How would you explain the distribution of price changes by product categories?
- How might this affect future consumer spending?
- How should managers respond to this information?