Doug Munro
Well-Known Member
Agian we have reached an area where we all know there is a problem but disagree about the specifics.
The Tiffany and Kays Jewelers is a good analogy, but I suggest a partial one. I suggest this one
Tiffany's, Kay's Jewelers, Costco (don't laugh they move a lot of jewelry)
Now lets looks at Tiffanys, it is more than just jewellery, it is an experience. Everything comes into play to justify price, Customer Service, Ambiance (surroundings,staff attire, location, background music, etc), Brand, Packaging, Advertising, and most important Customer Perception.
Now jump to the other end of the scale, Costco......Price!
The Tiffany and Kays Jewelers is a good analogy, but I suggest a partial one. I suggest this one
Tiffany's, Kay's Jewelers, Costco (don't laugh they move a lot of jewelry)
Now lets looks at Tiffanys, it is more than just jewellery, it is an experience. Everything comes into play to justify price, Customer Service, Ambiance (surroundings,staff attire, location, background music, etc), Brand, Packaging, Advertising, and most important Customer Perception.
Now jump to the other end of the scale, Costco......Price!