Vacuum Trap Vacuum Trap

Vacuum Trap

The promotion that cost a company 50 million pounds

    • $8.99
    • $8.99

Publisher Description

"The Vacuum Trap – The promotion that cost a company 50 million pounds" analyzes the worst marketing campaign in history. In 1992, the British branch of Hoover offered a deal: Buy a vacuum cleaner for £100, and get two free round-trip flights to America.



Business writer Peter Wright details the mathematical impossibility. The flights were worth over £600. Hoover expected only a few people to bother with the complex application process. Instead, 200,000 people bought vacuums they didn't need just for the tickets.



The book chronicles the collapse: Hoover couldn't pay, customers sued, executives were fired, and the company lost its Royal Warrant and was eventually sold. "The Vacuum Trap" is a lesson in "loss leaders" gone wrong and the danger of underestimating the consumer's desire for a bargain.

GENRE
Business & Personal Finance
RELEASED
2026
7 February
LANGUAGE
EN
English
LENGTH
142
Pages
PUBLISHER
Epubli
SELLER
Bookwire Gesellschaft zum Vertrieb digitaler Medien mbH
SIZE
851.5
KB
THE YORKSHIRE VET THE YORKSHIRE VET
2018
MY YORKSHIRE GREAT AND SMALL MY YORKSHIRE GREAT AND SMALL
2019
Peter Wright & Sons Solid Wrought Anvils Peter Wright & Sons Solid Wrought Anvils
2017
Taking [A]part Taking [A]part
2015
Bee Bee
2025
The Science of Decision Making - How to Make Smarter Choices Every Day The Science of Decision Making - How to Make Smarter Choices Every Day
2024