On 29/01/14 11:04, Andrew May wrote:
On 29/01/2014 10:04, The Natural Philosopher wrote:
On 28/01/14 17:53, Tim Watts wrote:

If a large proportion of your customer base are used to haggling, it is
arguably better to add a buffer, then allow then to feel that they've
"won" by getting £10-20 off. You're happy, they're happy, everyone wins.

Quoting the actual price you want and refusing to budge is clearly going
to alientate some of your customers, so that would be a wrong tactic.

We worked a variant of that on commercial situations, We bunged 15% on
top and gave them a '15% discount for payment in 30 days'

Worked bloody wonders on the cashflow.


And you were 2.25% down as a result of doing so

no we weren't.

We were up as those who did pay late paid us more than we used to get.

the cost of running a trading overdraft aint cheap..

--
Ineptocracy

(in-ep-toc-ra-cy) €“ a system of government where the least capable to
lead are elected by the least capable of producing, and where the
members of society least likely to sustain themselves or succeed, are
rewarded with goods and services paid for by the confiscated wealth of a
diminishing number of producers.