Saturday, May 01, 2010

Transparency.....

is a word frowned upon in this business. There's not enough of it.

People don't say what things cost, how much you spend to make it, what your profit is, why you're charging so high, how much your overheads are?

There's not much wrong in actually being transparent in retail/production, much of what this article highlights. A great read really.

Is it because we'd scoff if we knew how much a product cost to make? What's the harm when everything under the sun available for purchase actually goes through the same process of cost + markup. This concept is generic.

4 comments:

Priscilla Tan said...

Love this article and it really got me thinking:) Great stuff, lovely shop and wonderful ideas you guys have!!

Cheers,
Priscilla
www.ilovechalk.com
www.i-love-chalk.blogspot.com

George Chua said...

That's right. Amen to that. Not being religious here. George

cjf said...

we're in age of consumerism where the customer is a little more discerning or interested in what goes in to their product. on a note related to sifr, that's why we try our best to fill in what goes on behind the scenes with us.

Thanks for props priscilla.

george: what's up man? thanks for the feedback

cjf said...

we're in age of consumerism where the customer is a little more discerning or interested in what goes in to their product. on a note related to sifr, that's why we try our best to fill in what goes on behind the scenes with us.

Thanks for props priscilla.

george: what's up man? thanks for the feedback