Blah, blah, blah

head_left_image

That Should Help - Not

 

A little economic lesson is in store for GM and its backer: our government. So this is where our tax dollars went. Can't sell a product, ask more for it. Maybe I will start to run my biz that way in the future.

 

GM, who is having trouble selling cars now and is getting absolutely no help from their Volt dud, announced that 2 weeks from today it will raise prices across the board on its vehicles by an aveage of $123 - for higher oil and steel prices.

Not a good move. Do they think that they are the only ones experiencing higher oil prices? Have they heard of inflation?

If they want sales, they're going to have to cut prices. If they want to stay in business, they're going to have to cut the fat.

Unless the public perceives a product as being undervalued - not the case with GM - raising the price is never a good way to increase sales.

 

───

 

For more information on my coaching and educational programs and services, visit my website stevehoffacker.com, or go to my other blog homesalesinsights.com for additional sales tips, insights, and commentary. Listen to my free podcast messages at Steve Hoffacker's Happenings.

Steve Hoffacker - Consultant, Coach, Author, Blogger, Photographer, Motivator, Teacher, & Strategist - for Realtors, Real Estate Sales Professionals, Home Builders, New Home Salespeople, Entrepreneurs, Small Business Owners, and Independent Sales Representatives.

© Steve Hoffacker, 2011. All Rights Reserved.

Comment balloon 1 commentKevin Robinson • April 19 2011 11:14AM

Comments

Kevin,

Thanks for the repost of this blog. This is the turnpike syndrome - usership is down so raise the tolls. :)

Steve

Posted by Steve Hoffacker, Certified Aging In Place Specialist-Instructor (Steve Hoffacker LLC) over 7 years ago

Participate