10% Discount

May 27, 2008 at 9:31 am 2 comments

10% off is not a “sale”. I’m tired of stores in which every rack has a SALE sign with 90% of those signs reading 10% off. 10 percent matters on purchases of $1,000 or more.

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Entry filed under: Complaints, Realizations. Tags: , , , , .

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2 Comments Add your own

  • 1. Kozmo Kramer  |  May 27, 2008 at 11:18 pm

    Here is what I say……charge me the least amount possible ALL THE TIME…so that you make a fair profit and I am happy enough to keep coming back religiously. I think I read where COSTCO will not mark up any product more than 12 or 14 percent….EVER. I can live with that knowing how much overhead a business has in operational costs. Think about that percentage as opposed to a jewelry store marking up diamonds 300-400 percent on a routine basis. That would be a great place to give a 10% discount……NOT!!

    Reply
  • 2. jeff  |  June 16, 2008 at 7:38 pm

    you have to look at the frequency of purchases….

    14% on million dollar sales weeks can cover the overhead and variable costs.

    Yes diamonds create hig revenue, but those people have to wear fancy suits …. and the frequency of sales is lower, just look at the automotive industry….

    Reply

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