Listen to the latest 60 second episode of Integrity Moments with Rick Boxx
In this series, we’re highlighting the enemies of building trust in your business. The final enemy is lack of transparency.
Long ago, I went into a men’s clothing store that had no price tags on any of the clothes. While I was shopping, a man asked the owner of the store, “How much are these pants?” The owner quoted him a price.
After that customer left, another person asked the owner for a price on the same pants. This customer looked more affluent than the first. The owner quoted him a much higher price. I never returned to that store.
Proverbs 14:8 teaches, “The wisdom of the prudent is to give thought to their ways, but the folly of fools is deception.”
Being transparent and consistent with your pricing builds trust.
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