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2.7¢ goldoz limited

Ann: Inaugural Rough Ruby Tender Results, page-222

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Mahony

2,462 Posts.

131

02/11/17

14:34

Post #: 28440675
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Originally posted by Tibbs ↑

The trouble we are having putting a value on the rubies is the same trouble the buyers had. More of an issue, is that they were incorrectly packaged, creating a conundrum.

The best analogy I can think of is a shop offering packets of Arnotts Family Assorted Biscuits to clients who want only individual packets of either Kingston, Monte Carlo, or Delta Creams, while other customers only want to pay cheaper prices for Scotchfingers and Ginger nuts!! All the customers walk out unsatisfied, and the shops sells very few biscuits. The value of the biscuits is still there, but they remain unsold!

The many packets of rubies we have seen in the pics look good quality, but they are so mixed up! High end buyers dont want the cheaper stuff, and low end buyers dont want the higher stuff! So it looks like the smaller packets of only premium stones and packets of really low end stuff were sold, as these would have been easy to to a price on, and consistent.

A failure of basic 101 customer service - "Understand Your Customer Needs"

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disagree CJ knew all of this before hand ..one of the reasons he pulled away from the US was due to industry feedback
industry knowledge also dictated the auction

face it it is what it is and that's final

MUS Price at posting: 4.5¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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