Doug, Doug, Doug. Pay no attention to the numbers here. Even if retail prices were valid among multiple businesses, do you really believe all of these Grumblers posted their real prices...retail prices...after coupons and discounts? This reminds me of a retail pricing survey once conducted by a magazine.$204
I love it when I can compare prices. This is as close as I get to shopping the the competition.
... do you really believe all of these Grumblers posted their real prices...retail prices...after coupons and discounts?
That says as much about you as her!Popcorn's getting expensive too!
Speaking of popcorn ...I once dated a gal who would go to a movie theater just to buy popcorn (at an outrageous price!) just to take it home to eat. She didn't go to the movie ...just bought their popcorn!
Yes Jim, there are many honest ones around here too.do you really believe all of these Grumblers posted their real prices.
I miss Marc. As I recall his grumbling slacked off when his kid was born, but I haven't seen him literally in years. You out there?Ah, yes. In a similar thread some years back, veteran Grumbler Marc Lizer (remember him?) said he would be happy with only one $10,000 order per month. Or something like that.
I remember thinking I would be happy with that, too. Maybe that was the seed for restructuring my business in that direction. Thanks Marc Lizer, wherever you are.
Come to think of it, he Grumbled a lot like Jay, as I recall.
Thank you, PaulSF, for proving my point: All of us do not operate the same way. Some discount rarely, and some discount all the time....If someone sends out 100 customer appreciation coupons, and only 5 of them are redeemed, and the remaining 75 orders that month are full price, then the full retail price is the relevant one. On the other hand, if someone is running a sale this summer, and every single transaction gets a 20% discount, then the discounted price is the relevant one.
I decided to increase my prices quite a lot. The intention being to reduce my work load ...
It did not work, I got more work not less. So I put my prices up even more and got the same result again.
Is there a connection or not?It is a prime example that reinforces my belief that for most customers price is one of the least important factors in why they come to you.
87% of consumers did not shop at a custom framer
55% of them said price was a mjor consideration
Hi Jennifer,OK NYAF,
What is your price on the package mentioned at the begining of this thread?
I'm curious to know how close to retail you are now. I think that would explain a lot.
And by the way, Welcome to the Grumble! You are gonna love it here!
Yes, a fair point and I have to admit that people were very kind to me at the time and since then too. Another point could be that I am still building up my customer base as I have now been trading at my present location for just over three years. So it could have something to do with it too, I just don't know!One possible rest of the story in NYAF's experience is that he is a well liked guy and when he went through his heart condition people wanted to help him and brought in more work.
Hi Mark (It's a small country folks - we all know each other!) & Welcome to The Grumble!From what I hear framing prices are probably a lot higher in the US than in the UK, so I don't know how you would gauge how cheap or expensive you would think I am.
I can't disagree with your statement. It's almost as if because we actualy enjoy what we are doing we aren't allowed to make the amount of money that our efforts seem to warrant.There just isn't an acceptable reason, to me anyway, that this industry can't have framers that love what they do and make what they should
Most framers, at least all the ones I talk to, would love to find a way to make some serious money along with that serious craft we take comfort in. I think we all agree with that
I won't charge my friends the same thing as regular customers.Hi Brian-I don't think that's it that we "CAN'T" make money doing what we love, but that we just don't seem to want to do the things that will "LET" us make the money
I am certain that if most framers would make an "I won't" list, it would be a great first step
For example (I'll start a list)
I won't pay a rent that allows me to attract more customers
I won't hire more people better suited to do things than I
I won't get CMC
I won't get a POS
I won't take Business Classes
I won't acknowledge that consumers that buy cars, jewelry and fine art an framing respond to the same motivators as thoe that shop at Target
Others list the "I won'ts" that can be hampering your ability to make more money. It might be cathartic
VAL!!!!I will not throw away my price chart and I will not stick my toe in the water and get over my -uh- timidness (fear?) and officially start using the POS that I've had downloaded since February.
I will not regularly and thoroughly track my COG's, because I will not take the time to do it.
I will not order the cables that I need to take the time to set up and start using the visualization program that I paid for and have the camera to use.