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Another subject that came to mind is how long should we honor given prices. For example: Customer returns from an African Safari & prices his mounts with you. A contract is entered & low & behold it takes a year or so for the trophies to finally get here. Do you go ahead with the price you quoted even though your prices have increased by as much as 10%. Or do you bill for the difference. I have always honored my given price but it does have an affect on the situation…
I have a printed price list every year that runs Janurary 1st to December 31st. I am a stickler on the price and the date listed. I have 700 copys printed every year hand them out to customers and at archery shops, gun shops ect. This works for me. Customers that bring mounts in after December 31st pay the new adjusted price, it’s on paper I tell customers that is my policy.
You could just put a disclaimer at the bottom of the price sheet. “Prices subject to change at any time without notice” Or “Prices shown are current as of Month/date/year but are subject to change due to circumstances beyond our control such as increased cost of raw materials, shipping, etc”
A quote from a year plus ago, I wouldn’t stick to it if your prices have been increase 10% since then across the board. If you priced a can of coffee a year ago, do you really think the owner of that store will give it to you at that price? If the client has already brought it in and there is a contract (which isn’t this case), well that is a different story.
You must tell the client that his safari won’t be stateside for at least 6 months if he went to AS or Namibia. If he went anywhere else, 1 year or longer. If Zim, maybe 2 years. Your prices will have increased by that point. Now, if he pays a deposit and signs a contract, you will have to honor the current prices. I’ve had safaris come in at 6 weeks, but that’s not normal.
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