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Business Banter

April 12, 2024 By Mitch Schaffer Leave a Comment

12th Apr 2024Beyond the Price Tag: Focus on Value to Outshine the Competition

Categories: Articles, Business Banter, General Business, Reputation ManagementTags: price, profitability, reputation, value

Beyond the Price Tag: Focus on Value to Outshine the Competition

When I launched my retail store back in 1994, my approach to pricing was flexible, often involving negotiations and haggling with customers. During slow weeks, I would even offer significant discounts just to cover expenses. This strategy continued until a mentor enlightened me with a powerful metaphor: selling at a discount is like eating soup… [Read More]

January 16, 2024 By Mitch Schaffer Leave a Comment

16th Jan 2024Rising Above the Rest: Thrive in a Market Plagued by Poor Customer Service

Categories: Articles, Business Banter, General Business, Real WorldTags: Best Practices, Customer Service

Rising Above the Rest: Thrive in a Market Plagued by Poor Customer Service

In recent years, a noticeable shift has occurred in the retail landscape. Customer service, once the cornerstone of the shopping experience, appears to have dwindled to a state of mediocrity or, in some cases, outright neglect. This decline is not just a perception but a reality felt across various industries. With the rise of online… [Read More]

December 27, 2023 By Mitch Schaffer Leave a Comment

27th Dec 2023Beyond Resolutions: Entrepreneurial Success in the New Year

Categories: Articles, Business Banter, General Business, Real WorldTags: New Year's Resolutions

Beyond Resolutions: Entrepreneurial Success in the New Year

New Year’s Resolutions – that annual tradition where we promise to make significant changes, often finding our determination fizzling out by February. As an entrepreneur, I’ve been through this tantalizing yet unproductive ritual. However, I’ve come to understand that it’s not about fleeting resolutions; it’s about establishing a clear vision, meticulous planning, and unwavering willpower…. [Read More]

December 18, 2023 By Mitch Schaffer Leave a Comment

18th Dec 2023Embracing the 80/20 Rule in Small Business: Focusing on Your Best Customers

Categories: Articles, Business Banter, General Business, Real WorldTags: 80/20 Rule, Best Practices, Evangelists

Embracing the 80/20 Rule in Small Business: Focusing on Your Best Customers

  As a small business owner, you’re always looking for ways to improve efficiency and customer satisfaction. One effective strategy is the 80/20 rule, also known as the Pareto Principle. This rule suggests that 80% of your consequences come from 20% of your causes.  Adding a slight spin on this we can comfortably state that… [Read More]

December 5, 2023 By Mitch Schaffer Leave a Comment

5th Dec 2023Rethinking Credit Card Surcharges: A Smarter Approach to Pricing

Categories: Real World, Articles, Business Banter, General BusinessTags: credit card, surcharge

Rethinking Credit Card Surcharges: A Smarter Approach to Pricing

In the world of business, every decision a company makes can significantly impact its relationship with customers. One such critical decision is how to manage the extra costs associated with credit card transactions. A more strategic approach is to slightly increase overall prices or offer cash discounts. Let’s explore why this is a better strategy… [Read More]

April 12, 2022 By Mitch Schaffer Leave a Comment

12th Apr 2022Does Your Business Offer a Great Customer Experience? Sleep On It

Categories: Articles, Business Banter, General BusinessTags: Branding, Customer Experience

Does Your Business Offer a Great Customer Experience? Sleep On It

My wife, Marcia, and I were having problems in the bedroom. After nearly 17 years, it was getting old, tired and uncomfortable. We were both losing sleep. Finally, we talked about it and decided to act. We did a good deal of research, and on a late summer morning we hopped in the car and… [Read More]

July 21, 2021 By Mitch Schaffer Leave a Comment

21st Jul 20211sixty8 media Seeks Representatives  to Market Its Products and Services

Categories: Business Banter, General Business

1sixty8 media Seeks Representatives to Market Its Products and Services

1sixty8 media Inc. today announced its intent to develop and grow a network of representatives in the United States and Canada. As the premier provider of digital marketing and business services to the mobile enhancement industry, 1sixty8 media is responsible for creating and managing websites that provide a high ROI for their clients. They are… [Read More]

April 23, 2014 By Staff Leave a Comment

23rd Apr 20141sixty8 media Owner Interviewed by Dealerscope Magazine

Categories: Business Banter

1sixty8 media Owner Interviewed by Dealerscope Magazine

When Dealerscope magazine wanted to interview someone who knows how to market a mobile electronics business on the web, they turned to 1sixty8 media owner Mitch Schaffer. In addition to being the founder of 1sixty8 media, he is also the owner of Mobile Edge, one of the top mobile electronics retailers in the US and the… [Read More]

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