34Willys
Silver Member
As a former small business owner, Auto Service Shop, I believe Messicks is on the right track. They will offer to charge you a price that buying from them is only done when YOU are smoking Weed.
I think it's the 20/80 rule. 20% of your customers account for 80% of your revenue. The other 80% are tire kickers, one time purchasers, looking for a cheap low profit deal, and then go elsewhere for the other cheapest deal. No loyalty and no future sales.
Chasing those customers is a race to the bottom and you're business will suffer/fail.
Patrick
I think it's the 20/80 rule. 20% of your customers account for 80% of your revenue. The other 80% are tire kickers, one time purchasers, looking for a cheap low profit deal, and then go elsewhere for the other cheapest deal. No loyalty and no future sales.
Chasing those customers is a race to the bottom and you're business will suffer/fail.
Patrick