You’ll be forced
“And remember: if you can’t differentiate yourself from your competitors, you’ll be forced to compete on price.”Jonathan Stark Just that. You can read Jonathan’s full post here.
“And remember: if you can’t differentiate yourself from your competitors, you’ll be forced to compete on price.”Jonathan Stark Just that. You can read Jonathan’s full post here.
If you’re going to discount, here’s a more detailed view of yesterday’s rules: Specific.Needs to explain WHY they’re getting the discount. In exchange for something in return.Needs to say what’s
Giving discounts: taking a price off of something —or adding something up to your offering. But… what’s the reason (or reasons) to give a discount? Is it to give it
There are 2 types of people in each customer (or prospect) that you reach: Budget keepers. Value keepers. You wanna talk to the value keepers. They’re the ones who see
The sausage is a metaphor for what your customers want: the outcome, the transformation. Here are a few types of sausage: Increasing revenue Decreasing delays Improving message clarity Enabling their
If you’re selling sausage, you need more than just saying that. If you’re selling THE sausage, all that pre-work has been done. Here’s the thing: Yesterday’s message was about how
Bratwurst. (noun) .— a type of German sausage made from pork or, less commonly, beef or veal. The name is derived from the Old High German Brätwurst, from brät-, finely
Even when you’re highly specialized in what you do, the way you do it, and in the people you serve (your market), you don’t need to talk highly technically most
When you have prospects trying to figure out whether or not buying from you, the main thing that will make you stand out is how you see your market. Here’s
Your price is the representation of your brand. One of the touchpoints your business has that is the simpler to understand is price. If you can’t articulate what’s the relationship
What do you see yourself still talking and interested in in 10 years from now? How many of the current things you do/research/write/publish/work on are in that spectrum? Think it’d
Next time you’re on a sales conversation with a prospect, ask them this: “It’s a year from now. We’re having coffee together and you’re happy. What has happened in your
It’s a year from now. We’re having coffee together and you’re happy. What has happened in your business in that year for you to be happy? I’d love to know.
That’s the tricky question that pushes you to start thinking on how you’ll convince them. What can you say that will make them want you SO BAD, that it’s only
Today’s daily is this one by Blair Enns: Ideological Resonance. TL;DR: it’s about your perspective and how your insights make you stand out from your competitors. That’s originality, authenticity, and
Digging deeper into more sources and resources of that McKinsey study re: how your best chances at improving your profit rest more on changing how you price than looking for
The one thing that can drive a higher impact in your business is your price. From all things, increasing your price (and charging differently) can improve the way your business
Have you ever done work for free? If so, how did it go for you? Did you get what you were excpecting at the beginning of the engagement? Quite curious
Pricing is not about growth. It’s about profit. About getting the maximal monetary amount your customer is WILLING to pay. BUT, also, it’s about profit AFTER bringing your customer to