Trent,
I have had several people explain to me who you are.
So you're not gonna answer the questions about Beta and market position??
Did the several people tell you not to respond to me?
(I am not as bad as the old timers make me out to be..I don't make fun of flabby pectoral muscles or lack of calculus based stat classes or anything like that, if your worried)
Am I on the DO NOT RESPOND TO list?
Hehehhehe
Have I dropped so low in status that I am on your ignore list?
(Do I get a "you have just been added to Les Robertson's IGNORE list" personal mail notification?)
I finally find a guy who seems to be as interested in the BUSINESS/
CAPM side of the knife market as I am and he mutes me?
I was gonna add you to my list of great
entrepreneurs along side Ron Popeil, Cal Worthington, Milton Freidman and the guy who wrote the theme song to
Sanford and Son
I have been tossing and turning all night trying to figure out how beta is correlated to market position and how value-based pricing is a variable in the CAPM
And you gonna leave me hanging like that, Les??!!
Can we at least move the beta, covariance, index correlated, "I knew you didn't have an MBA" talk to another thread/sub-forum?
I'm sure Bastid can find a good home for our topic
We can move it to the Pirate's Cove and I can throw in some free scat porn pics
Then all the people who didn't pay the 25 non-PayPal bucks gets left out of the discussion
Tell me
where to start the Knife Market Analysis/MBA Terms thread.....
When those aspects that are not a part of business classes are not included in analysis
Les is talking numbers with his covarinace talk
"and you thought I was just guessing"
I'm pretty sure you are referring to
honesty and integrity, Bastid
Business ETHICS is a whole different ball game then the CAPM
Frameworks of analysis for marketing ethics Possible frameworks:
- Value-orientated framework, analyzing ethical problems on the basis of the values which they infringe (e.g. honesty, autonomy, privacy, transparency). An example of such an approach is the AMA Statement of Ethics.[1]
There ya go..value oriented....values which they infringe...honesty....
(BTW...I clicked on the AMA Statement of Ethics and the link was DEAD)
You actually raise up a good point Bastid
How IS ethics
included in analysis?
I don't know
Is there a ethics index where I can look up a knifemaker?
I guess you could create a weighted index and assign variables like:
Pictures are too dark (may be hiding something) -1.3
Burned my knife collecting buddy on a past deal -15.0
Stole design from another maker -8.2
Doesn't pay royalties to designer whose knife design he stole -15.3
The guy at the BLADE show said he was "good people" +10
How does Les incorporate ethics into his business model?
I noticed he used "takes too long to ship" as a variable in one of his weighted index type examples
it is not all about da money, investment and a market.
If you are a knife ENTREPRENEUR it is
The worlds top purveyor in fine custom knives online offers the best selection of.....
Main Entry
ur·vey
Pronunciation: \(ˌ
pər-ˈvā, ˈpər-ˌ\ Function:
transitive verb Inflected Form(s)
ur·veyed; pur·vey·ingEtymology:Middle English
purveien, from Anglo-French
purveier, purveer to look at, foresee, provide, from Latin
providēre to provideDate:14th century 1
: to supply (as provisions)
usually as a matter of business 2
: peddle 2
transitive verb1
: to sell or offer for sale from place to place
: hawk;
broadly : sell2
: to deal out or seek to disseminate3
: to offer or promote as valuable
**************************************************
That is awesome TAI!!!!
I've been
through Winslow,AZ several times
I always wanted to stop on a corner and take a pic
I'm sure it has been done thousands of times
I bet there are a lot of film stores in Winslow
Joe Walsh lives near me
Except he lives in Montecito and I am stuck here with in Goleta with all the other low income people of Santa Barbara who can only afford $700K houses
I saw him inside Fancy Music in downtown SB a few years ago
I love his music
The whole "you are so far out the mainstream" was got me started on this
Criticizing a guy who makes
different knives
Telling him , in so many words, that his business model is doomed for failure
"Here is MY model..now, THIS is the model for success in the custom knife market you Bohemian!"
One thing that can't be (or can it? see above)
included in the anaylsis is the
artistic factor
The Jackson Pollock dude is good example
Millions of dollars for a bunch of splattered paint
I think Tai's niche is the artistic side
He has an "about the ARTIST" section on his page
If you go for the artistic factor as your main marketing plan
I think you can generally charge more
People think that it takes more LABOR
More blood, sweat and tears..more passion
Therefore the ARTIST deserves money for his LABOR (and passion)
Whether or not it really takes more labor to make, who knows
Not sure where that places on the
cost-plus*-------*------*
value-based pricing spectrum
I would think more towards the value-based
**********************************************
ROFL
I knew T Rock would rub off on ya Bastid!!
Now, if I can just get you to buy Tupac's ,
The Rose That Grew From Concrete book of poetry and start calling your knives shanks and your friends homeboys
I'll buy you the book if you promise to read it
gwap
loot
cheddar
bread
bankroll
paper
bacon
dough
moolah
green
scrilla
benjamins
We will value individual differences even as we avoid stereotyping customers or depicting demographic groups (e.g., gender, race, sexual orientation) in anegative or dehumanizing way in our promotions.
You guys know I'm gonna be stuck with the damn:
I'm just looking for steeeeellllllll at the scene of the crime
lyric stuck in my head, right?...All day
They are called ear worms
I get them a lot
http://en.wikipedia.org/wiki/Earworm
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Oh yeah
PREAMBLE
The American Marketing Association commits itself to promoting the highest standard of professional ethical norms and values for its members. Norms are established standards of conduct that are expected and maintained by society and/or professional organizations. Values represent the
collective conception of what people find desirable, important and morally proper. Values serve as the criteria for evaluating the actions of others. Marketing practitioners must recognize that they not only serve their enterprises but also act as stewards of society in creating, facilitating and executing the efficient and effective transactions that are part of the greater economy. In this role, marketers should embrace the highest ethical norms of practicing professionals and the ethical values implied by their responsibility toward stakeholders (e.g., customers, employees, investors, channel members, regulators and the host community).
GENERAL NORMS
- Marketers must do no harm. This means doing work for which they are appropriately trained or experienced so that they can actively add value to their organizations and customers. It also means adhering to all applicable laws and regulations and embodying high ethical standards in the choices they make.
- Marketers must foster trust in the marketing system. This means that products are appropriate for their intended and promoted uses. It requires that marketing communications about goods and services are not intentionally deceptive or misleading. It suggests building relationships that provide for the equitable adjustment and/or redress of customer grievances. It implies striving for good faith and fair dealing so as to contribute toward the efficacy of the exchange process.
- Marketers must embrace, communicate and practice the fundamental ethical values that will improve consumer confidence in the integrity of the marketing exchange system. These basic values are intentionally aspirational and include honesty, responsibility, fairness, respect, openness and citizenship.
http://www.marketingpower.com/AboutAMA/Pages/Statement of Ethics.aspx
