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Waiting in line to make a purchase can be quick or torturous.
Those who have left a store in disgust without making a purchase can
now take heartnew research by Professor Richard Metters
and colleagues shows a distinct correlation between waiting time and
profits. Exploring this methodology with help from executives at Blockbuster,
the researchers discovered that perceived waiting time in
line remains a critical factor in repeat visits to Blockbuster. One
culprit that prolongs the waiting for customers: the impact of new marketing
initiatives on the checkout process. |