Price Breaks the Rules

In retail business there are three cardinal rules: 1) Do anything you can to lure in customers; 2) build on the bedrock of “location; 3) keep your doors open as long as possible. The express lane at the Price Club is 2,000 items or less.

Not only are the Price Club’s huge discount warehouses in atypical, out of the way locations, but people actually pay to get in the door, and you need an elephant’s memory to figure out there hours. When value is high, people are willing to spend a small fortune and travel to faraway places.

My Consultancy–Asif J. Mir – Management Consultant–transforms organizations where people have the freedom to be creative, a place that brings out the best in everybody–an open, fair place where people have a sense that what they do matters. For details please visit www.asifjmir.com, and my Lectures.

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