Tire Base Inc (tirebase)’s Post

When pricing can make or break a business... In the early days of Munch More Store, I kept the product prices low and charged customers exactly what I was paying for shipping (£5.50 via Royal Mail). Immediately, complaints started flooding in - complaints about how expensive the shipping was. It felt like every other message was about the high fees! So, I made a strategic shift. I slightly increased the product prices to include part of the shipping cost. I IMMEDIATELY noticed the difference in reception. Now, no complaints - despite the total cost being the same! This experience has taught me the importance of balancing price perceptions and customer expectations. Has anyone else noticed this trend or shift when adjusting pricing strategies? #Pricing #Strategy #Ecommerce

What are the 7 R's of retail? R1. Right product R2. Right place R3. Right time R4. Right quantity R5. RIght price R6. Right customer R7. Right condition

💲 Financial Friday 💲 Whether standing in front of a shelf at the grocery store, shopping online, or even walking around a car dealership, you may wonder: Do I go for the “nicer,” more expensive option or choose the cheaper one to save some money? At the end of the day, what you’re debating is quality vs cost. Visit https://lnkd.in/gyq4jtDk for more information. #FinancialFriday

🔍 DEALERSHIP PROFIT ALERT: ARE YOU LOSING OUT? Every year, dealerships lose significant revenue to competitors like Jiffy Lube, AutoZone, and other non-OEM shops. These businesses capitalize on service opportunities that could be yours. Why is this happening? - Customers seek convenience and affordability. - Non-OEM shops offer aggressive marketing and promotions. - Lack of unique value propositions from dealerships. How ForeverDealers Can Help: - Lifetime Battery & Key Protection: Keep customers coming back with unbeatable service offerings. - Increased Service Retention: Our programs are designed to enhance loyalty and repeat business. - Boosted F&I Profits: Dealers report increased profit margins with our easy-to-sell products. Join the ranks of successful dealerships who have turned the tide! Don't let your profits slip away. Discover how ForeverDealers can transform your service department into a profit powerhouse. 📞 Contact us at (925) 288-8900 or visit https://lnkd.in/gFXsB4Qs to learn more. #DealershipSuccess #AutomotiveIndustry #ServiceRetention #FandIProfits

Four top customer loyalty and profitability wins The use of data can be a real game-changer when it comes to maximising both your business and your profits. The tension between achieving short-term profitability targets and nurturing long-term customer relationships is a constant challenge. In the latest issue of Auto Retail Network Profit, James Lever, Director, client services, TekCor4 explores some of the key strategies and tools that can empower your retailer to harness the full potential of data using predictive software. By leveraging data effectively, you can ensure that every customer interaction is a step towards increased satisfaction and sustained business growth. Read the full article here: https://bit.ly/3VNgGgg Not a subscriber? Take a free trial to see how it can help your business. #CustomerLoyalty #AutoRetail #MarketingStrategies #AutomotiveInsights #IndustryInsights #dealership #automotiveindustry #automotive #newcars #usedcars #cardealers #oldercars #IndustryNews #Marketing #UsedCarMarket 

𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 & 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗥𝗮𝘁𝗲𝘀 𝗕𝗮𝘀𝗲𝗱 𝗼𝗻 𝗦𝘁𝗮𝘁𝗲𝘀/𝗣𝗿𝗼𝘃𝗶𝗻𝗰𝗲𝘀 Feature Updates | June 17, 2024 • 1 min read Your business can set different shipping rates for customers in California versus New York, reflecting actual shipping costs more accurately. https://lnkd.in/gJweAY-K #shipping #delivery #states #provinces #dutchtexan

Value is what Matters to Customers and Companies, not the lowest price otherwise everyone would shop at discount stores. Interestingly enough discount and value-based customers both purchase based on their perception of value.

𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 & 𝗗𝗲𝗹𝗶𝘃𝗲𝗿𝘆 𝗥𝗮𝘁𝗲𝘀 𝗕𝗮𝘀𝗲𝗱 𝗼𝗻 𝗦𝘁𝗮𝘁𝗲𝘀/𝗣𝗿𝗼𝘃𝗶𝗻𝗰𝗲𝘀 Feature Updates | June 17, 2024 • 1 min read Your business can set different shipping rates for customers in California versus New York, reflecting actual shipping costs more accurately. https://lnkd.in/gfkaPNTZ #shipping #delivery #states #provinces #dutchtexan

How do I manage and follow the whole operation? 1-Following all invoices; if the payment is okay, adding the company to our shipping list. 2-Checking all customer tracking and managing stock. 3-A warehouse group chat for following all tracking numbers and packages. 4-Following the business number for advertising: "Who is the company and who is not?" Managing wholesale sales is much more enjoyable than retail.

Why sell OEM parts online? It empowers your Fixed Ops department by expanding market reach, improving customer satisfaction, and increasing profitable revenue at your dealership. Here are the top eight ways our dealers' fixed ops benefit from parts eCommerce.