When browsing the internet I came across this article on the Inc.com website. It speaks about some of the indisputable laws of product pricing. Ending in .99 re-framing to show value, and upscale presentation all contribute to a final sale price.
It got me thinking, how many dealers set their own prices on P&A or new units? How do you price a service job?
These are things that directly lead to the bottom line and your profitability.
Read the article HERE The 10 Eternal Laws of Product Pricing and let me know what you think.
As always the ideas expressed above are my own and I make no claims to the success or failure of implementing them. They are suggestions to make you think. Please vet all ideas against your business plan before implementing them.
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