This blog is to get good prices on products and services we want, but they’re too expensive to get or we get the less expensive products or services or do without. Good pricing, though, and on the side, makes so much money that recession and inflation go away. Companies stop charging too much and instead sell so much they make the best possible money, pay more taxes and we pay less, and we have more products, money, and what not … We get 4% more per year in earnings, to the company and employee and from a pointed economy, from pointed pricing, pricing at the point of maximum profit and most wanted by the customer, and everyone using pointed practice, the most profitable practice.
It seems some companies had good benefits and then had to cut them. It seems they raised their prices, lost customers, their profits went down so they couldn’t pay the benefits. It also seems they had to cut pay and pay less on their stocks. Some of these companies fixed their prices and got back their “A” and “A+” ratings. Others are gone. Others kind of pay but they’re not rated “A” or “A+” because their prices are too high. Perhaps some can learn and do all we want so we’re happy. Anyone else might be enemies of peace and properity or something, just so they’ll do right …
First some key points:
1. Brands do or should use a 22% markup after cost selling to wholesalers.
2. Wholesalers do or should use a 40% markup selling to retailers. Brands go here or should selling to big retailers …
3. Retailers do or should use a 60% markup selling to customers.
Good retail is 2.7 times cost when most consumers like it like when it’s a good product at a good price. We cry, too, but it wasn’t bad and was great when they charged even less!!!
This is how the best businesses do their pricing giving all the good deals. Hedging, trying to make a little more, maybe for a raise to themselves, is what gives us inflation. Too much gives us recession. Then all the other prices go up and they can’t buy anything extra with the raise. All we get is higher prices and more aggravation. This probably explains the Great Depression, bad pricing and excessive profit taking … Not raising prices above the best price makes the aggravation go away. If they want money, let them best price some new product or service. This is new good money we want with a good new product or service!
Good businesses, like union companies, in this formula, pay the best wages, can give you half your pay, from your union dues, for the rest of your life with full medical coverage, the best vacation and sick leave, the whole best deal for workers. The owners and stockholders make the most money, too. Good companies give the banks the earnings to give good earnings on savings, it’s all from stocks they buy from good companies who just happen to be in this formula. I hope banking and good business are willing to share the fact of their membership in the formula to the public and recommend ”membership” to would be money-making outside companies …
There’s more to check with though.
To set the pricing with existing products, average the price requested in mail and messages from the public. This is fairly accurate if you have enough of it.
If it’s a new product or service, do a survey. Ask people who are interested in your product how much they would be willing to spend to have it and just average the price they say they’d pay. The more people you ask, the better you know. Statistics is funny that way. It only works with people who are interested in the product in the first place which gives you another clue. With people, if no one likes your product, go on with new product ideas until you find one people like. Otherwise, you’re set and you know the best price for the best money. The inflationary group makes some money, but not the best money and they don’t pay the best …
Just how much you can get or how much it saves so charge a little off the savings and the hedge for a little doesn’t make the best money. The best price is where if you go higher or lower, you lose money. You want the middle price. Use the formula or especially with some services, check and do the average price methods. And you don’t know if you don’t check and if you don’t know, they can say you don’t know your job and like in my Success blog, we fire or maybe sue and to recover the losses …
I believe that companies that do not make as much money as they can should possibly instead be required to make the best money, maybe through some law requiring practice we’re happy with in pricing. Companies, owners, stockholders and employees, family and friends and consumers all lose money. Tell all the big people you can, companies, government, family, friends to see this blog and tell them you want good prices and good law, if you want. Good prices mean good jobs with all the benefits etc.. We get a lot of good fallout from this. Get all emailing and (cell) phone calls done you can, if you want …
I also have a blog on Success called “Peace, Diplomacy, Success and Love” here at http://Sovern1.wordpress.com. It hopefully leads to other blogs I have you like. I wrote blogs for some of our major purchases calling for better pricing leading back to the Sover N1 blogsite. If you beat me to it, blog others yourself to help get it done. I expect to put in too.
Take care and best of recruiting, emailing, (cell) calls and blogging and see my blogs, especially Success, at http://sovern1.wordpress.com/, Sovern1.Wordpress.com, if you want… Include the link above in your emails, if you want. And email and (cell) call a lot all the time and stuff money in their and our pockets … Do you believe!?!
This has to go to the whole world, media, leadership, business, everywhere good now and from now on to get and keep all the peace and good possible. Many people do not have computers, so they require the media to get this information and the benefits. Ideally, everyone has a copy of this from the newspaper, or somewhere, for their study and use so we all can benefit from the best there is. Everyone must participate in pointing the economy. If only those with computers are doing the job, perhaps we get less than all the benefits from this. On payday, you want your whole check, right? Speak up for what you do want …
Thank you for us …
Sover N1
