Guest blank Posted October 25, 2006 Report Share Posted October 25, 2006 is it true kay manufacturers aere putting there prices up 40%? Link to comment Share on other sites More sharing options...
Guest blank Posted October 25, 2006 Report Share Posted October 25, 2006 just talked to n.w.k. and they say it has something to do with bloody china! 40% is approx, some have already implemented,., Link to comment Share on other sites More sharing options...
Auto Key Wizard Posted October 25, 2006 Report Share Posted October 25, 2006 You should of bought extra stock at the old prices like I did Link to comment Share on other sites More sharing options...
Danny King Posted October 25, 2006 Report Share Posted October 25, 2006 I bought extra stock too..... Will be intresting to see who puts there prices up? Are the public aware that prices in metal are going up so much not just in this trade but any trade that use's metal especially brass? Link to comment Share on other sites More sharing options...
Hugh-Candoit (ENG) Posted October 25, 2006 Report Share Posted October 25, 2006 The Chinese are indeed buying it up like it's going out of fashion. Good commodity to get involved with if you have scrap brass in large quantities, just let it accumalate and watch the value escalate. Watch all the stock of Brass based Taps and Plumbing fittins in B&Q jump up as soon as the new stock comes in at the high price. Link to comment Share on other sites More sharing options...
ironplanet uk900 Posted October 25, 2006 Report Share Posted October 25, 2006 The Chinese are indeed buying it up like it's going out of fashion. Good commodity to get involved with if you have scrap brass in large quantities, just let it accumalate and watch the value escalate. Watch all the stock of Brass based Taps and Plumbing fittins in B&Q jump up as soon as the new stock comes in at the high price. Which is why I said said 2/3 price increases in some areas of your services is needed. Todays suppliers are much more vunerable to big price rise's, with most of our supplies coming from abroad. 40% in one go... it's a big jump. Link to comment Share on other sites More sharing options...
Danny King Posted October 25, 2006 Report Share Posted October 25, 2006 I put my prices up every april Put a standard cylinder up from £3.50 - £3.75 0r 2 for £7.00 You should here them moan... I rember when keys were £1.00 in here (before I took the shop on)........ Link to comment Share on other sites More sharing options...
ironplanet uk900 Posted October 25, 2006 Report Share Posted October 25, 2006 I put my prices up every april Put a standard cylinder up from £3.50 - £3.75 0r 2 for £7.00 You should here them moan... I rember when keys were £1.00 in here (before I took the shop on)........ £350-£360-£369-£375. Over 12 months is the way I would do it Danny. Small increases that nobody minds, but achieving the same goal at the end of the year. Plus you don't get so narked yourself when you find your paying higher prices from your supplier, as your prices have increased with them. Just my opinion, and it works for me. When our prices go up, hardly anybody notices. Link to comment Share on other sites More sharing options...
Hugh-Candoit (ENG) Posted October 25, 2006 Report Share Posted October 25, 2006 Which is why I said said 2/3 price increases in some areas of your services is needed. Todays suppliers are much more vunerable to big price rise's, with most of our supplies coming from abroad. 40% in one go... it's a big jump. What has been the rise in brass objects over the last 12 months as a % Keys & Plate will do. (and would you guess that it will be the same or more next year?) Not seen any rises that affect me due to most of my spending is on liquids not solids Link to comment Share on other sites More sharing options...
ironplanet uk900 Posted October 25, 2006 Report Share Posted October 25, 2006 Which is why I said said 2/3 price increases in some areas of your services is needed. Todays suppliers are much more vunerable to big price rise's, with most of our supplies coming from abroad. 40% in one go... it's a big jump. What has been the rise in brass objects over the last 12 months as a % Keys & Plate will do. (and would you guess that it will be the same or more next year?) Not seen any rises that affect me due to most of my spending is on liquids not solids The price of our Liqiuds as gone through the roof aswell £2.65 for a pint I try to keep my price rises 12 months in advance of what I anticipate the market to be.. You can't always be right, and sometimes you may have to put your price up more than you would like. I think once every 12 months is not enough. That's just how I do it and it works for me. Link to comment Share on other sites More sharing options...
Hugh-Candoit (ENG) Posted October 25, 2006 Report Share Posted October 25, 2006 The price of our Liqiuds as gone through the roof aswell £2.65 for a pint U woz robbed, I get mine from Supermarkets, cant afford Pub prices Anyway the nurses wont let me out. Link to comment Share on other sites More sharing options...
derek Posted October 25, 2006 Report Share Posted October 25, 2006 once a year is what uppermost used to do,but we also watched our footfall & compared to last year does anybody else do this? Link to comment Share on other sites More sharing options...
kobblers Posted October 25, 2006 Report Share Posted October 25, 2006 the court order is quite restrictive too huh? Link to comment Share on other sites More sharing options...
ironplanet uk900 Posted October 26, 2006 Report Share Posted October 26, 2006 once a year is what uppermost used to do,but we also watched our footfall & compared to last year does anybody else do this? I just compare my taking to the same week last year, We are very rarly down, infact the last 2 years has seen a massive rise in takings, Due to more services mainly. If you keep trying to improve your business, you'll not go far wrong Rest on your laurels at your peril Link to comment Share on other sites More sharing options...
busy bee Posted October 27, 2006 Report Share Posted October 27, 2006 I can't see the point in counting footfall. You can work your guts out, charge too little and you'll gain no respect for it. I'd rather see 100 people spending £10.00 than a thousand spending £1.00 Charge a decent price for a decent job, and people will keep coming back. It's repeat business, and quality work that makes opening the shop door every morning worthwhile. Put up prices at least twice a year, if not more, and keep up with the times Link to comment Share on other sites More sharing options...
ironplanet uk900 Posted October 27, 2006 Report Share Posted October 27, 2006 Well said Busy Bee, I think people are afraid to put prices up. Dunno why, every other trade puts up their prices. Link to comment Share on other sites More sharing options...
Hugh-Candoit (ENG) Posted October 27, 2006 Report Share Posted October 27, 2006 They are terrified of losing customers en mass. you and I know that this is not the case, but it is very difficult for them to accept otherwise. Is there an out of the way shop that has put up their prices and suffered financially as a result, if so tell us about it. Link to comment Share on other sites More sharing options...
kobblers Posted October 27, 2006 Report Share Posted October 27, 2006 i am living proof to testify to the fact that some of us are afraid to put their prices up for fear of driving away custom but after taking the dive i have instead found that we actually seem to be busier for it and we hardly get any complaints about the prices. try it folks, ya might like it Link to comment Share on other sites More sharing options...
ironplanet uk900 Posted October 27, 2006 Report Share Posted October 27, 2006 Well Rick's one of the few willing to say he was afraid to up his price's a little.. Then found it wasn't so bad after all. Well said Rick Link to comment Share on other sites More sharing options...
Hugh-Candoit (ENG) Posted October 27, 2006 Report Share Posted October 27, 2006 Better get the prices up before these things bcome the norm or you will all be saying cherio to heel repairs god forbid they will ever put them in a pair of Grensons. And ironicall they call the things "Heely's" Obtainable at a Gadget shop near you now. Great for going downhill, dont need my zimmer frame now, just lift my toes and away we go Link to comment Share on other sites More sharing options...
ironplanet uk900 Posted October 27, 2006 Report Share Posted October 27, 2006 You'll get em fixed at kwikfit Link to comment Share on other sites More sharing options...
kobblers Posted October 27, 2006 Report Share Posted October 27, 2006 Well Rick's one of the few willing to say he was afraid to up his price's a little.. Then found it wasn't so bad after all. Well said Rick only a fool would be afraid to say he was wrong and i don't consider myself a fool!!!! i've never been afraid to say what i think is right and i think the same should apply when you're wrong. you don't get anywhere in life quickly if you're not willing to learn a few lessons Link to comment Share on other sites More sharing options...
ironplanet uk900 Posted October 28, 2006 Report Share Posted October 28, 2006 Well Rick's one of the few willing to say he was afraid to up his price's a little.. Then found it wasn't so bad after all. Well said Rick only a fool would be afraid to say he was wrong and i don't consider myself a fool!!!! i've never been afraid to say what i think is right and i think the same should apply when you're wrong. you don't get anywhere in life quickly if you're not willing to learn a few lessons I wish I was wrong sometimes so I could admit it Link to comment Share on other sites More sharing options...
Perplexus Posted October 29, 2006 Report Share Posted October 29, 2006 I've noticed that Sainsbury's and Tesco et al make a big splash when they do a 2 for 1 promotion, but tend to keep quiet when they sneakily stick 13p on the price of a loaf of bread! Now why would that be . . . ? Link to comment Share on other sites More sharing options...
Hugh-Candoit (ENG) Posted October 29, 2006 Report Share Posted October 29, 2006 That's because we Pensioners would be mounting a demonstration outside the shop thats why Welcome to the forum. Link to comment Share on other sites More sharing options...
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