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Thanks, Jack.<br>
Interesting.<br>
Always ready to learn. <br><br>
Guy<br><br>
At 12:21 PM 9/17/2005 -0400, you wrote:<br>
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Hello Guy,<br>
<br>
"The rule of 10" was a tactic used by
the <br>
Japanese in the late 50s, 60s and 70s to penetrate <br>
and eliminate innate competition in the American market.<br>
<br>
This is called "dumping" and is illegal.<br>
When you have eliminated your competition then <br>
you raise your price. We now have two (2) <br>
American piano manufactures. <br>
<br>
"The rule of 10" was simply to sell (or dump) your<br>
product at 10% less that the competition at the<br>
wholesale level. Thats 10% at "wholesale" witch<br>
equals about 25% to 30% at the retail level.<br>
<br>
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