Re: Reasons for the recession

On 27 Sep, 09:38, "Eric Shune" <Smi...@xxxxxxxxxxxxxx> wrote:
"PeterSaxton" <pe...@xxxxxxxxxxxxxxxxx> wrote in message

news:bae7a064-121b-46ef-a180-ab756cccf3eb@xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

People give all sorts of reasons for the recession but I feel the main
reason is simply stupidity.

I go into a local shop and see that the most popular items are sold
out by Sunday and will not be stocked again until Thursday. It's
obvious that they look at how many items are sold in the week and
deliver the same again. They don't seem to understand that the sales
were in effect for half a week and they could sell double if they were
not so stupid. What is the point of having all this sophisticated POS
information capture if they don't have sensible people interpreting
the figures.

My son and I used to race model cars and one of the enhancements and all the
rage was carbide balls in the wheel bearing and various other rotary parts.
Now the dealers wanted £10 to £15 per car set, depending on sizes, so most
peps could not afford that extra. So only the rich racers had this
advantage.

So me being in engineering decided to buy bulk and sell to the other guys.. I
purchased £350 worth of various sizes, sorted them into sets for each type
of car and placed them into film cartridge containers. I looked at the cost
and time to me which was about £2.50 per set so advertised them at race
meetings for £4.50 per set, almost 1/3 shop prices. I sold 2 sets in 6
months. I still have the rest in the shed.

So I can understand the shops reluctance to get too excited...

Now I will ask, have you ever run your own business ? because I find that
all the so called experts on how and what to sell have not.

Yes, I've run my own business for the last 23 years.

Also when at work and I hear people slaging off the management, I always say
you should try it someday, employing people and keeping them all happy and
their mortgages paid.

I did and still have my own business at the peak employing 10 people. I can
say its not easy and even though you may appear to be the friendly boss the
employees still treat you like shit when it comes to the crunch.

Steps down off box....

.

Relevant Pages

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