Mark-up (was Steinway parts)

paulrevenkojones at aol.com paulrevenkojones at aol.com
Tue Feb 12 23:25:30 MST 2008


 David:

Since we started this business (now businesses) lo these many decades ago, our original posture was to evaluate our "value", set it in a dollar/hour labor cost, and never ever add on to parts costs. It forces us to continually do the hardest thing we as independent business people do: calculate our own worth in world on a regular basis, balance what we need and want, and then make decisions for the profitability of our businesses. Culturally, we're trained to be valued by external forces (you're worth X, so that's what we'll pay you because it's the "competitive" value that's been established). Valuing ourselves is likely the hardest, but most productive, business activity we can undertake. Marking up parts to enhance profit blurs this edge we have and want to keep. 

Paul


 


 

-----Original Message-----
From: David Andersen <david at davidandersenpianos.com>
To: Pianotech List <pianotech at ptg.org>
Sent: Tue, 12 Feb 2008 8:56 pm
Subject: Re: Mark-up (was Steinway parts)









I don't use a mark-up either; I just charge a hell of a lot for my labor....?

xoDA?
?


On Feb 12, 2008, at 12:46 PM, A440A at aol.com wrote:?
?

>?

> << Me thinks that the issue is that most techs (as well as mechanics,?

> computer repair, plumbers, etc) build in a profit margin on parts > and if?

> the general public knows the ACTUAL cost, they might raise a stink > about?

> it.  >>?

>?

>          I suppose this is so, however, I don't use any mark-up.  I > tell my?

> customers that the price they are charged for parts is my cost, and > the reason?

> my prices are higher than my competitors is that I charge a lot > more for my?

> labor.  They don't seem to mind, especially when they have been > given a higher?

> price for parts by another tech!?

> Regards,?

>?

>?

>?

> Ed Foote RPT?

> http://www.uk-piano.org/edfoote/index.html?

> www.uk-piano.org/edfoote/well_tempered_piano.html?

>  <BR><BR><BR>**************<BR>The year's hottest artists on the > red carpet?

> at the Grammy Awards. Go to AOL Music.<BR>?

> (http://music.aol.com/grammys?NCID=aolcmp00300000002565)</HTML>?
?



 


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