Several months back, Mike wrote a nice blog about being nice. If you haven’t yet read it, be nice, and go check it out. That would be nice of you.
Anyway, here is a quick snippet of a sourcing story that revolves around being willing to go the extra mile, SOMEONE ELSE, not me!
Last week, Tuesday night, we wanted to get haircuts. My son and I. I was beginning to fro, and his hair was starting to have bangs in all sorts of directions and places.
After getting home at 5 pm, we putzed around for a bit, and around 7:40 my wife and I piled our kids in the car and drove to a place down the block from us.
We pulled in at 7:55, and the door said they close at 8.
I didn’t want to be overly rude and a jerk, so I asked my wife to run inside and ask the hair stylist if she wanted to cut two heads real quick (I just shave mine with a faded 1, very fast and easy) or if she would prefer we come back the following day.
Shockingly she said to come on in!
It was one of the better hair cutting experiences I’ve had in recent memory, the woman was fun and vibrant and talking to my kids. Overall it was great, and by this point like 8:30. Well past closing time, but she never rushed or made any snide comments, she was purely pleasant.
And that is when I noticed a sign.
REDKEN 75% OFF CLEARANCE
Wait a tic.
What’s this about?
Naturally I jumped up, and scanned a few bottles to see.
I put 54 bottles on the counter.
Stuff was coming up as a 19k beauty rank, sell price of 22 and buy price of 4. So I was really happy with this haircut!
The girl was laughing at me because I was clearly excited about this sale, and my wife was rolling her eyes at me, as she is prone to do.
I have said before that I am always on the lookout for new spots to source, and new product to sell, no matter where I am or what I am doing.
Hair salon’s are no different!
Turns out besides Redken being on sale, Paul Mitchell was 60% off too!
So let’s tie this together, shall we?
The woman was super happy while she was ringing me up, big smile on her face. I asked her what was so exciting about selling all this shampoo and conditioner.
She said that she gets commission, and I responded with a resounding “That’s great!”
But….per company policy, she gets commission on the full price.
So on my end, I purchased just over $350 worth of haircare products.
On her end, she got full commission on just under $1400 worth of sales.
Plus my $10 tip.
So in this case, for her it turned out to pay extremely well by simply being nice. It took an extra 40 minutes of her time, and she was cash rewarded for it.
Proving once again, it pays to be nice.
And of course, I got to make some cash money too. 😉
Unrelated note, making money for essentially nothing, and basically risk free, is also nice. If you are unsure of this possibility, check out yesterdays post by Chris and if interested join the discussion about textbook arbitrage.