YOU CAN SEE IT NOW, another sale sign out front of a retail store. For some strange reason people believe that dropping their prices will make them more money. It’s crazy … clear more stock yes, get you a job yes, build revenue yes, but make you more PROFIT … absolutely not.
Read more on Raise Your Prices, Don’t Lower Your Profits…
Posted on , , by bradsugars, under
act.
OK, just a short message today …
STOP discounting … it is the #1 business killer …
Think of this, if you have a 20% margin and then have a 10% off sale you have to sell TWICE as much to make the same Gross Profit …
Read more on DISCOUNTING … the business killer ……