Jimmy James said:Care to complete this thought? :rolleyes2
sorry....add a 'think':o on the end there....
Jimmy James said:Care to complete this thought? :rolleyes2
Geauxfins said:So if your cost for your widget is $3.00/ea and you sell them for $3.50 for each, or $2.50 each, how does your price affect your cost?? Wrong again pony.....I think you mean costs do not necessairly drive the max price, but they do drive the minimum price as one of several factors.
Geauxfins said:sorry....add a 'think':o on the end there....
Eshlemon said:I am really pessimistic about chances owners will be able to get 24 out of 32 votes to pass the new CBA deal. And owner revenue sharing will be the reason. According to Clayton the large revenue owners Jerry Jones, Dan Synder, Robert Kraft, Jeff Lurie, and Bob McNair have got enough support to block any owner revenue sharing plan that is attempted to be included in the new CBA. And the small revenue also have enough votes to block any new CBA that does not include owner revenue sharing. :shakeno:
http://sports.espn.go.com/nfl/columns/story?columnist=clayton_john&id=2356871
"We want to play football," Jones said as he entered the meeting. "We have an obligation to everyone, particularly our fans.
"My gut is we're going to come up with something, but it's still up in the air. It's going to be long and drawn out and tough."
Costs must be kept under control. In business, you attempt to lock in the lowest possible expenses and then increase productivity to reach profitability.Geauxfins said:...I think you mean costs do not necessairly drive the max price, but they do drive the minimum price as one of several factors.
PhinstiGator said:Costs must be kept under control. In business, you attempt to lock in the lowest possible expenses and then increase productivity to reach profitability.
Bad cost control can shipwreck a business model. Look at General Motors. About $2000 of overhead (Union benefits) is built into every vehical. The rising costs are sinking this company fast. They do 193 billion in sales and are losing 5.79 per share. Naturally, it's leading to a scale back in health care, pensions, and continued lay-offs. GM agreed to a bad deal with the Unions and now they can't compete with the rest of the world because of the inherent high costs of operation.
The solution for the NFL stand-off is to find a reasonable deal for both sides. Both sides need to understand each others limitations.
The largest block of revenue is from TV contracts...so the obvious thing to do is to protect those markets as much as possible and allow them to continue to grow.
Sal Lisitano said:I'm waiting to read..."The talks between NFLPA and Owners broke-off." Any second now.....
Go Fins!!!
Can you help me out with my revenue sharing question on the previous page...am I right or did it screw it up somehow?Jimmy James said:That's a wonderfully substantive argument. Somebody wake me up when there is actually a point to respond to.
Geauxfins said:So if your cost for your widget is $3.00/ea and you sell them for $3.50 for each, or $2.50 each, how does your price affect your cost?? Wrong again pony.....I think you mean costs do not necessairly drive the max price, but they do drive the minimum price as one of several factors.
DrAstroZoom said:Actually, Jerry Jones was an unlikely source of optimism as bargaining began.
Owners start deliberations
do you work in the business world? If I build a widget who is this 'market' person that tells me how much to charge? I think you are coming at this from a theoritical point of view (nothing wrong with that), and the rest of us are coming at it from a more practical (lemonade stand) point of view. If you have that lemonade stand, you make your lemonade, then you have to come up with a price, you don't go do market survey's and comparison shop and figure out about the price of convienence etc, you start with your cost and go from there......have I got it now?? (btw Pony, I would appreciate your insight on my revenue sharing post on the previous page also, even if you tell me I have it all wrong).nopony said:No. That's not what I mean. Good gravy, this is very simple. Why is it so hard to understand? Or do you understand and are just being difficult?
Costs do not set price. Ok so far? It doesn't matter what your widget costs, the price point is determined by the market.
However, if the market will only pay $2.50 for your widget, you have two choices, lower your costs or find a new widget... because raising the price because of your cost does. not. work. The market will pay what it will pay, regardless.
The market determines price. Your costs determine your profits or loss.
Geauxfins said:do you work in the business world? If I build a widget who is this 'market' person that tells me how much to charge? I think you are coming at this from a theoritical point of view (nothing wrong with that), and the rest of us are coming at it from a more practical (lemonade stand) point of view. If you have that lemonade stand, you make your lemonade, then you have to come up with a price, you don't go do market survey's and comparison shop and figure out about the price of convienence etc, you start with your cost and go from there......have I got it now?? (btw Pony, I would appreciate your insight on my revenue sharing post on the previous page also, even if you tell me I have it all wrong).