Eye off the ball

28 02 2008

A customer called me yesterday to organize payment for seedlings to be collected. Being someone who grows for the export market I quoted him the US dollar price. He then asked for the local price so taking the previous day’s rate I hiked it a bit to make it unattractive and told him the total. He said he’d do the transfer right away. Damn! I found out why he did not opt for the “cheaper” option. It was quite simple really; I’d not been up with the rate. Instead of the 25 million to one US dollar that I’d used it was actually around 30! I took my eyes off the ball and it cost dearly.


Actions

Information

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s




%d bloggers like this: