Price-based Selling - Drawback To Price Based Selling

Drawback To Price Based Selling

When a business specifically cuts prices in order to make a sale, the customer can sense that the original price must be inflated if the business is so quick to slash the price. As a result the customer may lose respect for the business and realize the prices are too high to begin with. Good customer service must show value to the customers. By cutting the price on one service, the client will most likely think you are willing to cut the price on other products and services. In some cases they may even demand that you do in order to keep their business.

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Famous quotes containing the words drawback to, drawback, price, based and/or selling:

    Once we have found ourselves, we must understand how from time to time to lose—and then to find—ourselves once again: assuming, that is, that we are thinkers. For a thinker it is a drawback to be bound to a single person all the time.
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    One serious drawback about letters is that, in order to get them, one must send some out. When it comes to the mail, I feel it is better to receive than to give.
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    Bible: New Testament, Luke 19:45,46.