You can’t just lower all the prices in your operation. There are two reasons this doesn’t work. First, you no longer communicate the story of ‘special deal’, instead you communicate ‘we’re in trouble.’ Second, you end up charging everyone a lower price, even the people who were happy to pay more–who wanted to pay more, […]
Tag: business
The law is whatever the Chinese government say it is
Gen Kanai left a comment for me to read this entry by Paul Denlinger. Paul who spent the last 20 years in China said: “For many Chinese, “the law” is whatever the Chinese government says it is.” The law in China is complex. They are subjected to interpretations by officers, at state, at provincials and […]