Can You Make Your Competition Raise Their Prices?

Can You Make Your Competition Raise Their Prices?

The only thing you can do is focus on how you conduct business, not how you’d like the other company to operate.

For some time in my younger years, I took martial arts. I competed, won trophies and got a pretty good understanding of how it all works. You were expected to show up and let out a blood-curdling kiai. (That’s the part where you yell while or before pulverizing your opponent.)

Aside from showing up and yelling a lot, you also were expected to listen. And practice and practice and practice. Never once during my training did my sensei ask me how I’d like my practice attacker to attack me. “How about a chop to the neck?” No, he never asked me that. It was always a surprise attack. Once during a belt test when I was about 12 years old, an attacker choked me. It was a shock to my system and in return, I delivered the required punches and kicks to get loose. I wasn’t asked if I’d like to be choked.

Fast-forward to when I was recently watching belt tests at a martial arts school. The student, already a black belt, was testing for a higher level. The test came to board-breaking, a favorite for the crowd gathered to watch, as well as the students. What happened next surprised me: The student began positioning and re-positioning the boards held by the assistants. The student moved one board this way. One board that way. Another board this way, to their liking. I had never seen anything like it before. In the real world, an attacker doesn’t ask you how you’d like to be attacked. The attackee doesn’t get to make requests as to where to be attacked. It just doesn’t work that way.

It got me to thinking about business: Do you get to choose which parts stores move in down the street? No? Well, not unless you’re the one owning and opening them! Do you get to request from your competition how you’d like them to price their products so it’ll make it easier for you to be competitive with them? No! (And by the way, that’s probably illegal.)

Knowing all of this, it’s incumbent upon you to ensure that your colleagues are all providing the absolute best service possible so you can keep business flowing in. The only thing you can do is focus on how you conduct business, not how you’d like the other company to operate.

You May Also Like

Counterman on Holiday

Counterman will send its regularly scheduled Thursday e-newsletter on Friday, Nov. 24.

In observance of Thanksgiving Day, Counterman will not be distributing its e-newsletter scheduled for Thursday, Nov. 23.

Instead, Counterman will send the e-newsletter on Friday, Nov. 24.

The staff of Counterman wishes you and your loved ones a wonderful Thanksgiving!

Right to Repair Triumphs in Maine Referendum

At press time, more than 80% of Maine voters had answered “yes” to Ballot Question 4.

CRP Marks 40 Years of Pentosin Fluids in North America

CRP Automotive will mark the anniversary with specialty signage and featured products at AAPEX in Las Vegas, slated for Oct. 31-Nov. 2.

House Subcommittee Examines Potential Impact of REPAIR Act

Subcommittee members and others expressed enthusiastic support for the legislation.

Right to Repair: NHTSA Open to Short-Range Wireless Protocol

If the proposal sees the light of day, it would limit the scope of the Massachusetts data-access law.

Other Posts

The Purge: Flushing & Filling the Coolant

This job isn’t needed as often as it used to be, but it’s still important.

JNPSoft OptiCat Unveils DataLive Product Tracking Tool

New platform aims to automate a manual process, maximizing time and resource allocations.

Lincoln Highway Leads to Vegas in ‘Road to AAPEX’ Season 2

This year, the spotlight shines on an ultra-rare 2002 Lincoln Blackwood as it embarks on a historic journey.

Trade Groups, OEMs Agree on Data Access for IRFs

MEMA Aftermarket Suppliers called the agreement “a step in the right direction” but asserted that the pact “falls short of all the protections necessary to ensure consumer choice now and into the future for all parties.”