{"id":896,"date":"2015-03-23T08:00:33","date_gmt":"2015-03-23T08:00:33","guid":{"rendered":"http:\/\/gccwebsites.com\/startupsales\/?p=896"},"modified":"2015-03-18T18:54:13","modified_gmt":"2015-03-18T18:54:13","slug":"lessons-from-pimps-prostitutes","status":"publish","type":"post","link":"https:\/\/gccwebsites.com\/startupsales\/lessons-from-pimps-prostitutes\/","title":{"rendered":"Lessons from Pimps &#038; Prostitutes"},"content":{"rendered":"<p>By no means do I condone sex trafficking or illegal prostitution, but I do recognize that prostitution regularly produces large quantities of wealth for pimps.\u00a0 Although you may not like to think about it, pimps share a\u00a0lot of the entrepreneurial drive and mindset\u00a0that wolves on Wall Street possess.<\/p>\n<p>The Department of Justice funded a research report released in 2014 titled &#8220;<a href=\"http:\/\/www.urban.org\/UploadedPDF\/413047-Underground-Commercial-Sex-Economy.pdf\" target=\"_blank\">Estimating the Size and Structure of the Underground Commercial Sex Economy in Eight Major US Cities<\/a>.&#8221;\u00a0 There are\u00a0three\u00a0key\u00a0areas the report focuses on, from which we can learn a lot about effective sales:<\/p>\n<ul>\n<li>Advertising: Pimps would not be making any money if they couldn&#8217;t match their employees with clients.\u00a0 \u201cCommon methods and venues of advertisement included online advertisement, walking on the stroll, word of mouth, local print newspapers and phonebooks, business cards, and directly approaching customers in business establishments.\u201d<\/li>\n<li>Pricing: This is dynamic based on several factors.\u00a0\u201cRates varied dramatically across respondents. Price was most commonly determined by amount of time, single date, and\/or sex act.\u201d<\/li>\n<li>Operating\u00a0Costs: Just like any normal business, pimps also much watch the bottom-line and keep close track of operational costs. &#8220;Pimps routinely covered costs associated with employee housing, transportation, employee appearance and personal appearance, advertisements, and hotels and motels. Other business-related legal expenses included bail,<span class=\"Apple-converted-space\">\u00a0and costs associated with arrests and prosecution on charges related to pimping.\u201d<\/span><\/li>\n<\/ul>\n<p>Granted, this isn&#8217;t a typical sales post. It does, however, go to show that sales lessons can be extracted from all types of situations, and that almost every profession involves components of sales!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By no means do I condone sex trafficking or illegal prostitution, but I do recognize that prostitution regularly produces large quantities of wealth for pimps.\u00a0 Although you may not like to think about it, pimps share a\u00a0lot of the entrepreneurial drive and mindset\u00a0that wolves on Wall Street possess. The Department of Justice funded a research [&hellip;]<\/p>\n","protected":false},"author":23,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-896","post","type-post","status-publish","format-standard","hentry","category-sales-figures"],"_links":{"self":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/896","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/users\/23"}],"replies":[{"embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/comments?post=896"}],"version-history":[{"count":1,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/896\/revisions"}],"predecessor-version":[{"id":898,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/posts\/896\/revisions\/898"}],"wp:attachment":[{"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/media?parent=896"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/categories?post=896"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gccwebsites.com\/startupsales\/wp-json\/wp\/v2\/tags?post=896"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}