IN SALES, THE SALESPERSON WANTS YOU TO SELL THE ITEM TO YOURSELF… FOR YOU TO PAINT A PICTURE WHY YOU NEED THIS ITEM, OR SERVICE NOW, RATHER THAN LATER. SOMETIMES THE SALESPERSON HAS TO IMPART A SENSE OF SCARCITY AND URGENCY TO HELP CLOSE THE DEAL. charlestadros 5 years ago Charles Tadros M.D. July 22, 2021 Saint Louis, Missouri Share this: Share on Facebook (Opens in new window) Facebook More Share on X (Opens in new window) X Share on LinkedIn (Opens in new window) LinkedIn A GENERAL PRINCIPLE IN PRICING THE SALE OF SMALL, MANUFACTURED ITEMS IS THAT THE MANUFACTURING COSTS SHOULD BE 1/10, OR LESS, OF THE SELLING PRICE. FOR EXAMPLE, IF IT COSTS $1 TO MAKE AN ITEM, THEN THE ITEM SHOULD BE PRICED TO SELL FOR AT LEAST $10. IF MANUFACTURING COSTS ARE $10, THEN THE ITEM SHOULD SELL FOR AT LEAST $100.DateJuly 24, 2021In relation tocompetitiveONE OF THE WAYS I HAVE COME TO TRUST VENDORS AND SALESPEOPLE IS WHEN THEY TELL YOU…DateAugust 22, 2021In relation tobigger pictureTHE WORLD IS RUNNING OUT OF HELIUM. TOMORROW I AM PURCHASING A DIRIGIBLE AND STOCKING-UP ON MYLAR PARTY BALLOONS (no party required).DateMay 31, 2021In relation toballoon