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In Burgundy, where pinot is the only permitted black grape, it produces wines of astonishing complexity and depth – and price: one of Domaine de la Romanée-Conti's top wines has just been released at around £2,000 a bottle.
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"Our discussions with them have been based on the performance of the market and on speed of execution, depth of liquidity and price discovery".
Designing promotion strategies involves two key decisions: the percentage reduction in price from the existing price point (depth), and the frequency with which a product is promoted.
Few, however, predicted the depth and duration of lower prices caused by a global oversupply of oil.
The following financial information is pulled from 96 developers who provided in-depth sales data and pricing metrics.
Another measure of the depth, and length, of this housing price collapse is that Dallas is the only market whose current prices are less than 10 percent below peak levels.
It's a tacit acknowledgement of the fact that certain digital releases have offered more depth and longevity than many full-price retail titles.
The speed and the depth of the price plunge has taken even longtime industry observers by surprise.
And price?
The within-category elasticity of the price discount was 1.44 (95% CI: 1.32, 1.55, P < 0.01); a 1% increase in the depth of price discount led to a sales uplift by 1.44% within a given category.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com