When it comes to setting up private accounts for uniform customers, never underestimate the importance of scalability. Many of your clients will be planning to expand their businesses in the coming years, especially if you cater to startups and small enterprises. Expansion will almost always raise their demand for uniforms and gear, and the easier it is for you to fill this growing demand, the more likely they are to stay with you for the long haul. It is thus critical that you provide them with private uniform accounts that are as flexible and scalable as possible, allowing them to order more uniforms at a moment’s notice.
Retailers strive exclusively for new customers at their own peril. Over time, which better impacts your company: a steady stream of new, but unengaged customers? Or a group of loyal customers who will return again and again to order your products?
The next time you find yourself in a retail setting, take a close look at the listed prices. You'll quickly observe that most items end with 49 or 99 cents. Sure, you get an extra penny out of the deal, but what's the point? Wouldn't it be easier for retailers to skip the hassle and assign a nice, round number to each product?
Every decision in retail is made for a good reason, and pricing is no different. Turns out, ample empirical evidence backs a strong theory explaining the odd prices attached to most products.