October 01, 2014
Things to keep in mind:
Pricing - avoid the pitfalls & traps in these hard economic times. See Course 11 for more information on pricing and business plans to make your business stronger.
Loss Leader: The concept of the loss leader is to upsell customers to a more profitable product. This process can work providing you can conquer the upsell to a more expensive, higher margin product. Too often, however, the sale turns out to be a low margin order because the customer's needs were met at the lower price. As part of the sales process the solution to the loss leader is simply not to offer it.
Each month we showcase an item, product or skill from LaserU. We give a summary of the item and provide links for more information.This month we will look creating car magnets for runners. This comes from our Project Center titled Engraving Round Objects without a Rotary Attachment.
Engraving round objects can be daunting...even when using the rotary attachment. Here is a great way to remove the fear and create great products.
For more information on this product see the Project Center.
See you next month with our next The Laser Engraver Newsletter.