Originally Posted by
djfoggin
I work in a totally different field and in our business (catering) our prices are set out for all to see in black and white.
Over the past month I have being told by prospective clients that my prices are crazy and that they want to negotiate on price ( I haven't put my prices up in two years even though my suppliers prices have doubled and some have tripled. I felt that seeing as everyone is suffering financially that i should swallow these increased costs and not put my prices up.
Today I quoted on a menu for 700 people at $6 per head (including staff costs), I was told that my price was too high and that I should consider charging $3 per head (including staff) for 3 courses ( starter, 3 meats, 4 salads, spuds and 3 desserts) after spending 4 weeks on quoting for this university I threw in the towel, lost the rag and told them my name was not ronald from scotland and that they couldn't get starter plus all the extra's from him for that price.
I will always remember my old man saying to me, Son you may never beat them on price, but you can beat them on quality- at thye end of the day if your only willing to pay peanuts for something all you can expect to get are monkeys nuts.
David
