CBG
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- Nov 21, 2004
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Often, a sudden (feeling) large price means that the supplier did not make the frequent modest incremental increases that their costs would have justified. At some point, costs cannot be ignored and the catching up is painful.
At one point I was in sales and had a competitor who had kept their prices the same for years. That competitor eventually had to face the upward creep of costs and had to bring their prices back into line all at once. I got quite a bit of business from customers who were hopping mad at them. I didn't take unfair advantage of the situation, and explained to anyone who spoke of their price jump that the competitor was just getting back to where they should have been. Didn't matter. The customers were very hot under the collar, and bought extra from me for a while out of sheer spite.
At one point I was in sales and had a competitor who had kept their prices the same for years. That competitor eventually had to face the upward creep of costs and had to bring their prices back into line all at once. I got quite a bit of business from customers who were hopping mad at them. I didn't take unfair advantage of the situation, and explained to anyone who spoke of their price jump that the competitor was just getting back to where they should have been. Didn't matter. The customers were very hot under the collar, and bought extra from me for a while out of sheer spite.
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