Saturday, July 3, 2010

No ONO

"Full Service record with Borneo Motors. Condition like New. Any Nearest Offer Can consider." That was an ad posted on Sgcarmart.com

In my view, ONO (On Nearest Offer) is a mistake.

What does a buyer think when he sees ONO. It tells him that we are willing to accept less than the price we are asking for even before we hear what he has to say.

This weakens our position.

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