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How to stop a "Best Price Shopper"

Sales Resistance/ Negotiation

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  #21
JacquesWerth
Quote:
Originally Posted by Wonderboy View Post
I've heard that Crazy Eddie's used the idea of carrying unique items that can't be found elsewhere ("Our prices can't be beat!"). If your item isn't unique, try creating an unusual combo that would be appealing and not easily matched (if at all).
Another sales tactic you like, Wonderboy?

"Crazy Eddie" Antar was accussed of all kinds of fraudulent business practices.

One accussation was that he did sell at the lowest prices - even if he took a loss. That was a scheme to defraud his suppliers. His sales volume grew so quickly that his credit was far greater than his payments. He had $7 million in cash when he suddenly disappeared and left the country.

Eventually he returned to the USA and in 1992. Eddie Antar finally pled guilty in 1996 for conspiracy and racketeering and spent seven years in prison.
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  #22
Snowboy
Quote:
Originally Posted by JacquesWerth View Post
Another sales tactic you like, Wonderboy?

"Crazy Eddie" Antar was accussed of all kinds of fraudulent business practices.

One accussation was that he did sell at the lowest prices - even if he took a loss. That was a scheme to defraud his suppliers. His sales volume grew so quickly that his credit was far greater than his payments. He had $7 million in cash when he suddenly disappeared and left the country.

Eventually he returned to the USA and in 1992. Eddie Antar finally pled guilty in 1996 for conspiracy and racketeering and spent seven years in prison.
I don't think I will try that one.
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Snowboy
I've come to believe; all my past frustrations were actually laying the foundation for understandings that have created the new level of living I now enjoy.
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