#61
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Buc McMaster gives great advice.
I would buy the better guitar, even if it cost more. If I couldn't tell the difference, I would get the cheaper of course, but I have never been without a preference after a good test run. One is always the winner.
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#62
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Q33, in the example you gave, I would characterize you as a bottom feeder in that instance. You don't give me enough info to determine if your approach is ethical in my view. There is nothing wrong with being a bottom feeder as long as you accept that most business owners usually don't want you as a customer. The car business is an exception because of the whole convoluted nature of thier production/ employment/ must keep creating and selling inventory model. And we've seen over the last year, thier business model as it exists is not self sustaining.
However, even when I'm purchasing cars, it's easy to do the market research and determine what thier costs are. There are several sites on the internet that'll give you that. I've gotten that, factored in the factory incentive rebate they get if they hit thier sales target, put on a reasonable margin that I would be willing to pay. I would hope a dealer would find it acceptable enough to value me as a customer and give me great service. Then I'd start with the dealer I most wanted to buy from for my own reasons, be it reputation, closeness, ease of dealing with them, and give them first crack. If they wouldn't accept my offer I'd move to the next. I appreciate being able to make a reasonable profit in my business and so I'm ok with the other guy making one too. Rarely, if ever, am I looking to buy something at the lowest possible price. As I've alluded to before, for me, price is only one factor in the value equation. I agree with Glenwillow and Wade's perspecives wholeheartedly! |
#63
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I totally agree with Wade here. Buy the guitar from Store A to make things right, then go visit the guy at the roadshow, too. You won't regret it.
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#64
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As for the car example, I did what you did and found out how much it cost to produce the car, added in their fees and added in an acceptable (by my standards at least) profit and offered it to the dealer. They told me that no dealer would accept that offer. So I had to go negotiate in a different way. Meh, in the end, I was happy, and the dealership had a sale. Again, I can only assume both parties were happy, otherwise it would not have occurred. And I never said money was the only consideration. I have bought all of my guitars (3 of them) from mom and pop stores because I want to support them and I want to try it before buying. But that doesn't mean I'm not going to try and make them go down as low as possible in price. And I definitely won't feel guilty about it, as it appears others in this thread would want me to. To me, not trying is just silly and is just giving away money. If they agree to my prices, I guess they're happy too... [Edit] Oh, and I looked up the exact definition of a bottomfeeder (an opportunist, as in politics or business; dictionary.com), and I dont consider what I did a bottomfeeder action. Bottomfeeder implies that I took advantage of someone else's misfortune, or someone got hurt as a consequence of me benefiting. I don't believe this is the case. I got a product, the company got a sale. How did anyone lose? Last edited by Q33; 09-10-2009 at 07:01 PM. |
#65
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I don't think an appology is warranted. Store owner A took the request for a price verification personally. Always a mistake in business. He had other choices. He could have discussed his approach to business, fair prices, and building relationships in greater detail. He could have explained why he doesn't put the quote on paper - and how as a result, his clients return time and time again - and wish the prospective buyer well in his store choice.
It's easy to get confused from time to time and make an incorrect decision. But honesty and discussion will reopen the door. An appology is unnecessary. There was no ill intent and business is business. If the buyer returns, should he wish, he can speak honesty about what he has learned, and see where it goes. If the seller continues to make him feel ill at ease, he's a poor businessman and does not deserve the sale. Stuart |
#66
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[QUOTE=Glennwillow;1954691].......For myself and my own business decisions, I tend to move away from customers who buy only on price. For a business owner, there is very little if any profit in that market approach......./QUOTE]
I believe that would be the "WalMart" and "McDonalds" approach - profits from sheer volume. And I wouldn't buy a guitar from either one of them!
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Acoustiholic Somewhere around 200 strings attached to various shapes, sizes, and types of wood. Real P.I.T.A. when it comes time to tune!!!! |
#67
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What I find odd with many responses in this thread is why, all of a sudden, it is a sin for the customer to do the same - to shop around and to openly negotiate for the best deal. You can be sure, business to business, these stores are doing the same thing to get the best price from suppliers. Evidently, the sense is that the customer has to come in to the store with zipped mouth and just unload wallet contents because he got service with a smile.
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#68
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I did nothing illegal and no one was cheated. Unethical - get real. Do you really think my competitor filled that order? If you do you have a lot to learn about running a profitable business. I bump into my competitor every so often, usually at a trade show. The first time we met after the incident he bought me a drink and we had a good laugh. |
#69
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"The only real voyage consists not in seeking new landscapes, but in having new eyes; in seeing the universe through the eyes of another, one hundred others--in seeing the hundred universes that each of them sees." - Marcel Proust. |
#70
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#71
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Let me give you an example. I know I can count on one of my main suppliers. If I call him in the afternoon and say "I need this on my floor tomorrow morning", I know he will deliver. I know this is costing my supplier more to provide this service so I have no problem if his price is higher. My top customers also understands all this when they say to me "I need this on my floor by ___" . Did you ever hear of the 80/20 rule? 80% of your headaches come from 20% of your customers. I have no problem losing that 20%. Most of them are bottom feeders looking for the lowest price and often take up more of your time than they are worth. 80% of your profits come from 20% of your customers. By not wasting my time dealing the bottom feeders, I have more time for my profitable customers. |
#72
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Was I worried? No. Also, quotes are not transferable. |
#73
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Which guitar in which store sounds better? The heck with the price difference, get the guitar that speaks to you. Forget about "hurting" Store A's feelings. If you dropped dead the day after buying the guitar, do you think your family would get full price back on the guitar? No, the stores couldn't care less about you personally (generally, I'm sure there are exceptions), so don't sweat it over them.
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#74
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With your winning personal skills, I can't imagine why the customer would try to hardball you on price.
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1943 Gibson J-45 Martin Custom Shop 000-28 Authentic Aged 1937 Voyage Air VAOM-4 |
#75
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Hmm...interesting thread folks.......business ethnics, name calling, and rude sales people....and then folks wonder why no one walks into their stores anymore.....
I guess I am a "bottom feeder" that likes to keep hold of as much of my hard earned money as I can.... And to the OP, no apology for a rude salesman, even if you did "waste his time" doing the same thing he would do for most items he was looking to buy... And all of this is IMHO.....
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