“It could be the difference between $10,000 in profit or no profit.”

Six Figure Flower Farming students · Six Figure Flower Farming · 124: The Truth About Six Figure Flower Farming: Who It's For, What We Do, And Why I Built It.

Play from 26:14
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What was described

increase profit by $10,000 by correcting bouquet pricing

$10,000

Said nearby on the same subject

“Giving away 125 free meals a week… prices represent the lowest price he can charge and still meet all of his expenses… menu priced at basically a zero profit margin.”
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Said on The Daily
Business model 125 free meals a week Share this moment
“Selling enough to cover the profit you need ... popular and profitable ... we raised the price, bought feed in bulk, still losing money”
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Said on Growing For Market Podcast
Why it worked Share this moment
“Only one client on that entire churn list was priced at anything close to a reasonable rate… his premium clients weren't going anywhere at all… A price increase strategy still made sense for this firm overall because his best clients weren't leaving at all.”
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Said on Future Firm Accounting Podcast
Contrarian take Share this moment
“Half-price wings on Tuesday's deal is driving customers into stores, but chicken prices are at an all-time high. The more wings they sell at half price, the more money they lose.”
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Said on Business Wars

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