Price increases. Delayed shipments. Complicated paperwork. Uncertainty in vendor relationships. Welcome to life in the age of heightened tariffs. When the Trump administration announced new tariffs with China in August of 2018, I was optimistic that this was a short-term problem that would resolve itself in short order before many of my clients felt…
Category Archives: Product Pricing
#LBCWantsToKnow >> July 2018: Pricing
Each month, I ask my Instagram community to join me in a focused, crowd-sourced discussion of a specific subject. For the month of July, we dove head-first into pricing… one of my favorite topics. Often worried about, but seldom discussed, I welcomed an opportunity to roll up my sleeves and see how I could help.…
A Inside Peek at the Kiva Loan Process
Hi! Lela here. I recently passed my blog microphone to Shannon, Lucky Break’s Creative Director- and she generously gave you a peek behind her Hettie Joan brand launch. This week, I’m passing the mic to Melissa, Lucky Break’s Operations Manager a.k.a. “My Right Hand.” She’s a brilliant project manager and ball juggler here at Lucky…
YOU AREN’T TARGET: A BETTER WAY TO MANAGE BLACK FRIDAY/ CYBER MONDAY PROMOTIONS
I know, I know. It seems like the entire world is hosting sales of epic proportions for Black Friday and Cyber Monday. This is the season when the whole world loses its damn mind, slashing prices to the bone in an attempt to garner attention. While that may be a wise strategy for Best Buy…
A Sneak Peek Inside the Launch of Price-O-Matic
I never set out to design software. Quite the contrary, my goal in launching Lucky Break was to share the wisdom I’d gleaned over the years as I crawled deep in the entrepreneurial trenches. But I quickly realized that some of the systems I’d established for myself were desperately needed by others. So…