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true statement Tagged Articles
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Avoid Being the Dumbest Competitor
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| Pricing is the tip of the profit spear. It is often said that profit is made on the buy side of the equation in wholesale distribution. That is a true statement. However, it only holds true if you are disciplined enough not to give that profit advantage away during the quoting and pricing process.
The Quotation - Pricing Process
"Your customer has no need for you to make a ‘fair' profit unless there is no other distributor willing to take your place."
This is quite a sobering thought, but one that we should keep fresh in our minds.
Pricing strategy starts by providing guidelines for your quotation process. If we do not have a vehicle, a scorecard or some methodology to determine how we are doing then we are driving through a tunnel with our lights off. Not having a formal quotation process increases our chances of becoming the |
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Other true statement Related Articles
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The Path to Selling Success
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| A Road Map: The Mission Statement
The first step on your road to success is to define success. This is accomplished by writing a professional mission statement. A mission statement is like a rudder on a ship; it determines your direction. Without it your purpose can be unclear, vague or prone to change-based external influences. A mission statement is a way of accepting personal responsibility for your life. We choose who we are, or want to be.
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Mission Statement and Goal Setting for Sales and Marketing Professionals
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| A Road Map: Your Personal Mission Statement. The first step on your road to success is to outline and define where you want to go and the kind of sales and marketing professional you want to become. This is accomplished by writing a professional mission statement. This should be a brief statement (about four sentences) that describes the person you are or the one you want to be. This is the rudder on the ship that will determine your direction. It is your road map to success. Everything you do in your sales or marketing role should be in line with your mission statement. Living your mission statement is the true meaning of success. |
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Your Future
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| Many years ago as a young, aspiring speaker, I heard an older speaker who was quite philosophical say that you are where you are because that's exactly where you want to be. I thought about his statement, decided it was the "wisdom of the ages" and verbalized it in my own presentations. Over a period of time, a series of events took place that convinced me that his statement was not true in my case. I was broke, in debt and down in the dumps. I wanted to be prosperous and excited about my future. It came through loud and clear that I was where I was and what I was because of the decisions and choices I had made in my life. |
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How to Create a Compelling Vision for your Business
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| Your company’s vision statement is the statement of its potential and of what you want your business to become. Your vision statement should be meaningful to you and your organisation. It should be shared will all of the employees in your organisation in order to create a unified direction for everyone to move in. Crafting a vision statement is a challenge for many business owners, so I have included several strategies in this article for you to make this process easier to complete. |
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Like a dream come true
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| That's the way Derek Sivers (founder of CDBaby) described his mission statement in building the company. "What could I build that would be a like a dream come true for independent musicians?" |
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Do We Really Need a Mission Statement?
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| Many organizations confuse the concept of a vision statement with a mission statement. They might say, "Our mission is to become the world leader in windows." Well, that is reallly a vision statement, not a mission statement. A vision statement is always about the future, while a mission statement is all about what we are trying to do today. It is very important to know that. This article will clarify a process to obtain a good mission statement.
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How to Regain Your Mission Statement for Life
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| What is your ultimate true mission statement for life? Have you ever sat down and pondered at the question for a little bit. |
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What is More Important for Your Internet Based Business Building Lists or Relationships?
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| Anyone who has been involved in an internet based business for any length of time will have heard the statement “the money is in the list”. While this is true there is also another statement that one hears repeatedly and that is “the importance of automating your business”. |
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Accounting Basics
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| In part one of this article I detailed what accounting is and why it is important to your small business. In part two, I will go into greater detail on the three parts of a financial statement: the balance sheet, income statement, and cash flow statement. |
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Favoritism is a Huge Problem
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| John Wooden, the late famous basketball coach at UCLA once made the following statement: "Treating everyone the same is the most sure way to show favoritism." I puzzled over this statement for a while because I was taught it was important to treat everyone the same way in order to avoid playing favorites. John was indicating exactly the opposite is true.
I believe his point is that individuals are all different, and each person has unique needs. If a leader treats everyone the same way, then he or she is really not being fair. Would you agree with that interpretation or is there something else I am missing in John's point.
I believe there are seven antidotes to playing favorites in the workplace. They are listed in this article. |
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