cheap price rat race

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Selling Your Products For The Most Money—Part 1 of 2

Greetings Floor Dealers! When I was in college I earned my daily bread by giving private guitar lessons at a music store.  The owner of this store was a good-hearted and generous fellow.  A little too generous.  He sold his wares at incredibly thin margins, so thin that he had to take part-time work outside [...]

By |2019-02-12T16:36:34-07:00February 5th, 2015|

Live by Price, Die by Price – Part 1

~You won’t make it up in volume~ If you cut prices by 10%, most dealers think you only need to increase sales by 10% to make up the difference. In his book, How To Sell At Prices Higher Than Your Competitors, Larry Steinmetz mathematically demonstrates that if you cut your prices by 10% (on a [...]

By |2019-02-21T19:23:13-07:00March 7th, 2013|