Keep High Profit Customers. Dump Difficult People -- Small Businesses Discussion Forum

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Subject: Keep High Profit Customers. Dump Difficult People

Author:
Dennis S. Vogel

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Date Posted: 20:41:36 06/30/16 Thu
In reply to: Woody 's message, "Keeping the High Profit Customer" on 11:28:25 08/02/01 Thu

People seem to think they can start successful businesses by copying what others do. They might use low prices despite their high cost structures.

Because they notice what a successful store stocks, novices might stock too much or the wrong kind of inventory.

Since big retailers seem to attract "everybody", novices think they can do it successfully too.

There will always be differences between what successful businesses do & what outsiders observe.

The effects can be similar to a patient's body rejecting a transplanted organ.

Some case studies are valuable, but business owners should realize every situation will always have unnoticed & unreported factors. The combined effects of a few minor factors can make major differences.

Before a "best practice" or full case study is implemented in a different situation, there are unnoticed - or seemingly unimportant - factors in that situation.

Without optimal tactics & strategies, any combination of differences can lead to failure.

Dennis S. Vogel
thrivingbusiness@email.com
Business success requires optimally connecting many relevant insights, products & services to increase your success.

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