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.