Harry Potter Essay Example for Free

Harry Potter assayHarry Potter is a serial publication of seven novels written by the British author J. K. Rowling. The books is the account adventures of a sensation, Harry Potter, and his friends Ronald Weasley and Hermione Granger, all of whom are students at Hogwarts School. The main story concerns Harrys quest to overcome the Dark wizard Lord Voldemort, whose aims are to become immortal, conquer the wizarding world and destroy all those who stand in his way, specially Harry Potter. Since the release of the first novel Harry Potter and the Philosophers Stone on 30 June 1997 and the stopping point on July 2007, the books have gained immense popularity, commercial success worldwide As of June 2011, the book series has interchange about 450 million copies, making it the best-selling book series in history, and has been translated into 67 languages. The last four-spot books consecutively set records as the fastest-selling books in history. headspring 1 To what extent was t he Harry Potter series simply a loss attraction for the hypermarkets? Harry Potter simply a loss leader for the hypermarkets because its just a marketing strategy which was used to gain enormous market treat of the Harry Potter books with the acceptance of millions dollars loss. Question 2 Should such price cutting be prohibit or regulated to protect smaller retailers? Price cutting should be regulated to not nevertheless protect smaller retailer but also prevent market from many consequences such as leading to loss profit and price war, cheapen a brand, etc when price cutting is not controlled. Question 3 Bookstores in Kuala Lumpur withdrew the book in protest. Was their reaction justified? The action of bookstore in Kuala Lumpur withdrawing one-seventh Harry Potter in protest is justified because it protects their own benefit from being loss and claiming their expostulation attitude toward the loss leader strategy of other giant retailer.