flexible pricing Archives

Dental Practice Management- Pricing Part III

2019-10-23T19:10:03-04:00

Dental Practice Management- Pricing Part III In the dental practice management series lets continue our discussion about pricing. We’ve been talking about my favorite Indian restaurant (unfortunately now over 3500 miles away from my new home in Miami!). Chances are you’ve interacted with a business that may have the same problem of Vij and that is pricing not being adjusted to help match demand. So, how much business could Vij lose (if he raises prices) and still be more profitable? Last time, I discussed how one goes about raising a price to see what happens [...]

Dental Practice Management–Matching Price to Demand

james2019-10-23T19:11:18-04:00

Dental Practice Management--Matching Price to Demand Recently I discussed a somewhat famous restaurateur in Vancouver BC named Vij and the problem he has at his appropriately name restaurant “Vij’s.” In dental practice management matching price to demand is critical. It doesn’t take a Nobel winning economist to see that Vij is wildly successful. In fact, he’s so successful it is actually hurting himself. Huh?!? How is that possible? Well, while enjoying my time waiting at the restaurant (on nearly every occasion of dining there), I see others coming to the restaurant, see the long line [...]