- Joined
- Feb 28, 2006
- Messages
- 3,494
I have seen the "quote high to chase the customer away" backfire more than once. (Not that your quote was that high, especially considering the R&D you'd have to do to further your skill set and shop resources to accomplish it.) The most awkward time was at a cooperative art gallery I was a part of back in the early 80s in the Southern Appalachian Mountains. We had some paintings by a well traveled and very successful artist from Rio de Janier. One of the pieces we had on display was not for sale. The Lieutenant Governor (at the time) of Georgia, whom came from the town we were in, asked to buy the piece. My friend quoted him what he thought was a ridiculously high price. Good ol' Mr. Zell Miller didn't bat an eyelash and said he'd take it. Well my partner was in a tight spot having agreed with the artist that we would not sell the piece. It took awhile to track down the artist and get the go ahead to sell it.