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Tip May 2009 - "TIP: Price-Cutting Strategies"

Tip May 2009 - "TIP: Price-Cutting Strategies"

Excerpt

TIP: Price-Cutting Strategies

Consumers and businesses alike are looking for ways to cut their budgets and, as a result, businesses in every sector have seen sales diminish. Cutting prices might seem like the fastest way to boost sales, but is it the smartest sales tactic for you? It may be helpful - or it may prove to merely generate more problems for you down the road. If you are evaluating your sales strategy, there are really just two areas to consider: pricing and service. 

 

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