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pricing strategy: open tender

updated wed 22 sep 04

 

pdp1@EARTHLINK.NET on mon 20 sep 04


Hi ann, Goeffrey...


I think it means open for offers of Cash or Trade or other
remuneration or exchange...open-ended as it were.


Is this do Geoffrey?



Phil
el ve

----- Original Message -----
From: "Ann Brink"



> I haven't heard this term. Does it mean "Make me an
offer"?
>
> Ann Brink in Lompoc CA
>
>
>
> Geoffrey wrote: "> A question for those with plenty of
successful experience
> selling and
> > marketing their wares:
> > Is an Open Tender Price Tag for everything great or
small a good idea?

Ann Brink on mon 20 sep 04


I haven't heard this term. Does it mean "Make me an offer"?

Ann Brink in Lompoc CA



Geoffrey wrote: "> A question for those with plenty of successful experience
selling and
> marketing their wares:
> Is an Open Tender Price Tag for everything great or small a good idea?
>
>

Geoffrey Gaskell on tue 21 sep 04


A question for those with plenty of successful experience selling and
marketing their wares:
Is an Open Tender Price Tag for everything great or small a good idea?

It seems to me intuitively that it might be a good thing because it
extends the idea of a laissez-faire economy & free trade, allowing
everything to settle into its own natural price without the need for
conscious (governing) intervention, into the marketing of ceramics (and
any other art forms that might, from time to time, notwithstanding
anything which might be said to the contrary, be practiced by the
individual & otherwise put into effect for the time being in their
studio, which, if it happens to be in New Zealand, might include one
situated in the Ross Dependency or any ice shelves therein).

Geoffrey Gaskell

Geoffrey Gaskell on wed 22 sep 04


The term Open Tender does essentially mean "Make me an offer". In
practice, it is becoming an increasingly common method for selling real
estate. There are also Closed Tenders as well. The difference, as I
understand it, is that, although for both methods, a fixed length of
time is settled upon during which the item is offered for sale (in an
art exhibition this would simply be the duration of the exhibition
itself, the open tender allows one to know what is being offered, if
anything at all, as the sale progresses, and if an acceptable offer is
made the sale may be completed before the end date. The closed tender
means that every offer is kept in a sealed envelope and neither the
vendors nor the potential purchasers know what any of the offers are
until the actual closing date. The latter is generally a method of
selling used by secretive commercial or government organisations & would
be useless for an art exhibition when the open tender contrarywise would
allow for an immediate sale, while the iron is hot, so to speak.

Another advantage of the tender method, as I see it, is that one is not
obliged to accept any of the offers, even those which might seem
perfectly reasonable, if , for example, one changed one's mind about
selling a particular thing. If , you stuck a price on the thing and
someone handed over exactly that amount, then, at least under New
Zealand law, you are stuck with having made the sale at exactly that price.

Geoffrey Gaskell

pdp1@EARTHLINK.NET wrote:

>Hi ann, Goeffrey...
>
>
>I think it means open for offers of Cash or Trade or other
>remuneration or exchange...open-ended as it were.
>
>
>Is this do Geoffrey?
>
>
>
>Phil
>el ve
>
>----- Original Message -----
>From: "Ann Brink"
>
>
>
>
>
>>I haven't heard this term. Does it mean "Make me an
>>
>>
>offer"?
>
>
>>Ann Brink in Lompoc CA
>>
>>
>>
>>Geoffrey wrote: "> A question for those with plenty of
>>
>>
>successful experience
>
>
>>selling and
>>
>>
>>>marketing their wares:
>>>Is an Open Tender Price Tag for everything great or
>>>
>>>
>small a good idea?
>
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