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Discussion on: The First Person to Say a Number Loses

 
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Ryan Palo

That’s OK, but it has 3 downsides:

  1. You build a reputation as somebody who won’t compromise with your customers if you do that all the time. Maybe not a good or bad thing. Depends on your preferences. But sometimes, if the quote is already on the low-side, there’s no room to help them out at all. You have to make money too!
  2. You may quote too high and, when you don’t budge, they might walk away, losing you the job.
  3. You may quote too low, in which case, they’ll accept without a word, and you are leaving money out there that could have been yours. Again, not always a bad thing. You won the job, right? But if you find yourself winning all your jobs without even a little whining/bargaining, you might want to try slowly raising your rates until you lose some percentage of jobs.

What do you think about that?