A client when buying your product or service can experience a negative cost if the benefits from using your product or service are greater than its cost. A negative cost can also result from a reduction in their costs from the use of your product or service that is greater than the cost of buying the product or service from you or it may result from some combination of higher benefits and lower costs.
Negative cost selling is all about understanding your client’s business from their point of view and being able to measure the benefits you create and the cost reductions you cause.
Negative cost selling is all about understanding your client’s business from their point of view and being able to measure the benefits you create and the cost reductions you cause.
“A minor soccer team organizer approaches a professional team for a donation to help with their upcoming tournament. Instead of just giving them money, the pro team gives them tickets at a discounted price (say $25 each) which they in turn sell at full retail price (say $45 each). They keep the difference. Their cost for each ticket is a negative cost, i.e., -$20. This also turns all the local minor sports teams, the players, their moms and dads, grandmothers and grandfathers into a new sales channel for the pro team which helps to fill their arena or stadium. It also teaches the kids about entrepreneurship and self-reliance and they come to understand the maxim: ‘Give a person in need a fishing rod, not a fish.’”
by Prof Bruce October 30, 2009
destruction or slaughter on a mass scale, especially caused by fire
a Jewish sacrificial offering that is burned completely on an altar
a Jewish sacrificial offering that is burned completely on an altar
by Sue of sidal August 21, 2015
by amrdesigns March 30, 2008
by Chappie Butter April 18, 2005
Money saved through acting like a cheapskate. Typically, the phrase "cost savings" is used to justify the action.
Leah: "Let's order a pizza in and get a bottle of wine"
Matthew: "Let's make a delissio pizza and get tetra-packed wine. Cost savings."
Leah: "Loving the cost savings"
Matthew: "Let's make a delissio pizza and get tetra-packed wine. Cost savings."
Leah: "Loving the cost savings"
by mbryan December 1, 2009
by Semaj egnal August 26, 2017
The costs that people pay(Usaly professional bank robbers) to remove all evidence that the robbers were involved, such as removing bullet casings, wiping camera footage, getting rid of dead bodys, and removing blood stains
I lost money from cleaner costs in heist I pulled off because I killed civilians so I had to pay the cleaners extra
by Hongkong Protester September 7, 2020