Approach Quote by Jim Cantalupo
“When you raise prices, you've got to make sure you get it to the bottom line. You can fritter it away because of the way you're running the business, with maybe not a totally disciplined approach.”
About This Quote
Source Speech: Annual Shareholder Meeting, 2008
Raising prices must translate into profit; without disciplined management, extra revenue can be wasted.
In simple terms: Price hikes need disciplined cost control to boost profit.
Key Takeaway
Implement disciplined cost management when raising prices.
Themes
pricing
profitability
management
discipline
business strategy
Mood
analytical
pragmatic
Type
business
financial
When to use this quote
- product launch
- budget planning
- cost reduction
- pricing strategy
Key Concepts
financial control
operational efficiency
Questions to Reflect On
- What controls ensure price increases improve margins?
- How can you balance price hikes with cost discipline?
A Different Perspective
Neglecting discipline can erode profit gains.
