What issues does a company need to consider when a competitor initiates a price change?
357520
a) Can u afford to do the price cut - impact on ur profitability. (Eg: Existing company has $100million business,and can lose 10million on price-cut. New company loses nothing since starts from scratch).\nb) Will ur price cut expand the market? Else the overall industry profits come down.\nc) What new segments can u target with the new price? Will additional volumes justify the price cut.\nd) Does ur competitor have the ability to cut price further, after u decide to match his price.\ne) Do u just match or change the paradigm to value (Instead of same-for-less, u cud do more-for-same. Example: 20% extra quantity at same price, or more features at same price).
456908
act unsure ,hesitant, wait, wait wait.then tell em you really want it.but..is their anyway to get it cheaper. act very stupid.people don`t like being conned.
451225
Yes, the added value is set by the business selling their product to consumers. But if you buy from the cheapest source, that business who has the higher added value will have to decrease their selling price in order to compete.
1168888
Falling prices.\n\nYou just have to be careful not to get hit by falling merchandise though.
259975
Learn what they really want\nLearn what the old supplier is doing wrong\nMake sure you can do both.\n\n:-)
164408
I start off by setting an objective of the call that will move the sale forward. I then list what questions I would like answers to, focusing on problems or issues that my client may be dealing with that my product or service can help resolve. Under each problem question I list what I think the implications of these problems are within the client and try to get the client to put a dollar value on them. If the value of the problem is greater than my product or service costs I now know that I have a prospect. I attempt to move the client to ask if I can help resolve their issues? I do not talk product or service until I know that the client is seeking a solution and has stated that they either must resolve it or are willing to take some action to resolve it.\n\nPlanning a sales call is as important as the call itself. Without planning for an objective of a call, you will never know if your call was successful or not. A successful call is measured by agreement that the client has asked for a next step or agreed to a next step that you might propose.\n\nGood luck in planning your calls!
626893
Since Boston Scientific is the company doing the takeover, the cost basis for their shares shouldn't change. (Although you should check for any tax documentation that Boston sends out, in case there are any unusual quirks.) If you need assistance determining your Boston Scientific cost basis, you may want to check out taxbasis.com
399303
It is the revenue generated by the change you are contemplating (the problem).\nCount only the revenue which will occur because of that change.
309887
point of sales are helpful to match the product with the label..,.the products itself has to match..the weight does(if applicable) and the price also...
785717
NO! He/she are being paid their full (fair market) asking price, less your share/payment, from the gov. and they can get in serious trouble by asking you to pay more.
298045
I always price a little higher and let them negotiate me down...that way they are getting a "deal" and so am I because that was figured that in to start with.  Don't charge a whole bunch for clothing items - they just don't sell very well unless they are new and still have tags on.  And, the bigger the sale, the more customers, so go in with a couple of other people and do it together.  Sell sodas, homemade cookies, coffee in the morning...let the kids make the profits from those things, etc.  It turns out really good that way.  Sometimes enough to take a vacation on =)
453858
There's not a contract as in a signed one, but in this case there is a contract under the UCC.  This is especially true since both the parties are merchants who have a good deal of knowledge on the subject at hand, however since the merchant selling the books made a counter offer (the change in shipping price) the buyer must accept the counter offer for it to become binding.  ie If they don't wish to pay $6/bk for shipping they must not take the books, otherwise they are consenting to the counter-offer.
1083989
no a sale is final. So if you sold the item you are supposed to follow through with the transaction. sorry! Next time you may want to set a reserve price.
788805
Basically this is a class on "what if" scenarios.  "What if the company raises the price of a widget by $1.25?  What will that do to our sales?  What is the projected increase or decrease in sales stated in terms of a percentage?"\n\nIt is more complicate than that but that is essentially it.
759069
It's their product......from their company.....yet they can't set their own price?\n\nSo that means if I want to buy something from you....and you want $20 bucks and I only want to pay $5....that means you must sell it to me for $5....cause I want it for that.\n\nDon't go into the field of business as you have no clue how it works.
205547
Times are changing and so do prices. How can they expect you to keep giving great service if you can't make enough money to keep your buissness afloat. If anyone has a good idea of how to explain that with finece be my guest.
698686
Get a lawyer.\n\nYour situation could vary greatly depending on the state in which you lived and the wording of the contract.\n\nI once had a non-compete that was very specific and it even stated that if the company had to sue me and won, I would have to pay their legal fees and any profits back to them.\n\nThis is what they make lawyers for. Go, sooner rather than later.