Skip to main content


Twitter User Explains Why You Should Never "Under Price" Yourself to Keep a Customer

 I was doing my usual Social Media waka roll, when I stumbled on what this man shared about business and under pricing yourself. 

Immediately I read it, I remembered what happened to me some years back. Let me gist you guys small toryy tell you guys a story.........

A friend of mine reached out to me that she wanted me to provide cupcakes for her as she was hosting an event.

I obliged and we talked about her specifications for the cake and all. Then it got to the almighty "price talk"  the point where we would discuss my fee.

I stated what I would charge and suddenly the tone of her voice increased....she went

"Ah ah!! No oh!! I can't pay that. As a matter of fact, someone gave me something cheaper. She gave me at so so rate".
I scratched my head *in my mind that is😓*.
I wasn't going to make tangible money from her order, but at least it would cover my cost. Most importantly, my business was a new one and I needed clients, so I took the order
May I add that she did not pay a deposit for her order. I told myself, she is my friend, so getting the money won't be an issue.

So off to my bakers shop I went, bought all the things I needed ahead of time. I intended doing an all nighter/ early morning baking, so the cakes will be fresh and cool, so I could ice them later.

Guess what happened, she called the day I was to bake (which was a day before the event) cancelling her order.
She did not give any concrete reason for the cancellation save the excuse that she had made alternative arrangements.

To say I was disappointed is an understatement, I was crushed. Any young business owner trying to get clients and jobs will know this feeling.

The truth is that just like the twitter user rightly said, if you price and present yourself kobo kobo cheaply, your clients won't take you seriously.

I'm not saying you should not give discounts, but it should not be discounts that would undervalue your brand/ product.
May I add that you should always ask for your DEPOSIT UPFRONT. Even if it is your mama!.(Uhmm..*SMH*If you are a Naija child, you'll know why I'm scratching my head right now 😨😱).

But seriously, everyone should help yah "ministry grow" and flourish.


Follow Us


Popular posts from this blog

Fenty May have Out sold Kylie Cosmetics, But Kylie Will Always Make More Than Rihanna...Here is Why

When news filtered a few days back that Kylie Jenner is now a billionaire, most people were not shocked. This is because there had been projections that her main source of income, Kylie Cosmetics, will soon be worth a $1b after valuation.
Naturally people were curious as to who held the number one spot as the youngest billionaire before her. It turns it out was Facebook’s Mark Zuckerberg. At age 23,  was the youngest billionaire in the world.

This is not the only comparison people made. People also compared her with her biggest rival in the cosmetics market, Rihanna’s Fenty. The comparison is not exactly uncalled for as they both cater to the same demographic and they both have similar products.

Most people noticed

Chioma Ikokwu aka Chioma Good Hair Shares 3 Secrets Behind the Success of the Good Hair Brand

Popular Lagos Socialite and business woman, Chioma Ikokwu aka Chioma Good Hair has built a successful business,"Good Hair" with her partner, Kika Osunde,  over the years. 
The duo who

Acquisitions, Closures and other Business News that Rocked Nigeria in 2018

Apologies..This is coming later than planned🙂.....
2018 wasn’t exactly a great year for the Nigerian economy. The drought in the economy did not just affect small and medium scale businesses; it also affected some multinational companies.
2018saw some foreign investors pull their investments out of the country . It also saw the acquisition of some companies that wereassumed to be doing well. Heck it saw the richest man in Africa loose about N2B. Let’s count down the shocking events that rocked the business world in 2018.
Konga  When word got out that premiere online retail giant, Konga was going to be purchased by Zinox last year, so many people were shocked;but not people that have been following the sector though. Any keen observer will tell you they knew something was off the moment they reportedly laid off about 60% of their staff. They also made some changes in their business operations; like ending the 'pay on deliver option'. This may have been done to curtail the lo…