Fortunately, my car and motorcycle have both broken within the week. Yay! Now, my mom is driving me to meetings;) Anyways, I was at JP Automotive (car mechanics) and trying to get a deal. Our conversation went like this:
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Noah: “JP, I am broke, poor and hungry. Please can I get a discount.”
Noah: “Dang, why not”
JP: “Discounts mean you are pricing your thing too high. A discount would cheapen the quality and value of what I am providing.”
It got me thinking that some discounts are great cause it encourages you to buy or buy more. Sometimes I think people will buy / pay full-price anyways. As well, I think he has a great point that discounting means you are over-pricing your product and if people want a discount they aren’t appreciating what you offer. What do you think?