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Episode 33: Lee Wells | Discount Games

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Indhold leveret af The Ranch & Table Podcast with Lee Wells, The Ranch, and Table Podcast with Lee Wells. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af The Ranch & Table Podcast with Lee Wells, The Ranch, and Table Podcast with Lee Wells eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode of the "Ranch and Table Podcast," host Lee Wells discusses the topic of discounts and their impact on business. He delves into his strong stance against discounting products, arguing that discounts diminish product value and profitability.
Lee emphasizes the importance of maintaining fair pricing without resorting to discount gimmicks. He uses various examples, such as Chick-fil-A, Apple, and Hobby Lobby, to illustrate how successful companies avoid using discounts and maintain customer trust. Lee warns that discounting can indicate deeper issues like pricing, product quality, or marketing shortcomings. He offers insights on maintaining honest and trustworthy relationships with customers.
Lee also discusses acceptable scenarios for discounts, such as clearance items, special programs like Veterans Day meals, and charitable donations. He concludes by encouraging business owners to carefully consider their pricing strategies and avoid undermining their business models with frequent discounts. Lee expresses his hope that listeners will reflect on their practices and strive for profitability and customer trust.

  continue reading

33 episoder

Artwork
iconDel
 
Manage episode 457494988 series 3554900
Indhold leveret af The Ranch & Table Podcast with Lee Wells, The Ranch, and Table Podcast with Lee Wells. Alt podcastindhold inklusive episoder, grafik og podcastbeskrivelser uploades og leveres direkte af The Ranch & Table Podcast with Lee Wells, The Ranch, and Table Podcast with Lee Wells eller deres podcastplatformspartner. Hvis du mener, at nogen bruger dit ophavsretligt beskyttede værk uden din tilladelse, kan du følge processen beskrevet her https://da.player.fm/legal.

In this episode of the "Ranch and Table Podcast," host Lee Wells discusses the topic of discounts and their impact on business. He delves into his strong stance against discounting products, arguing that discounts diminish product value and profitability.
Lee emphasizes the importance of maintaining fair pricing without resorting to discount gimmicks. He uses various examples, such as Chick-fil-A, Apple, and Hobby Lobby, to illustrate how successful companies avoid using discounts and maintain customer trust. Lee warns that discounting can indicate deeper issues like pricing, product quality, or marketing shortcomings. He offers insights on maintaining honest and trustworthy relationships with customers.
Lee also discusses acceptable scenarios for discounts, such as clearance items, special programs like Veterans Day meals, and charitable donations. He concludes by encouraging business owners to carefully consider their pricing strategies and avoid undermining their business models with frequent discounts. Lee expresses his hope that listeners will reflect on their practices and strive for profitability and customer trust.

  continue reading

33 episoder

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