All Posts Tagged Tag: ‘Price’
Searching for the cheapest gas when you need to fill up the tank just got a little easier thanks to Yahoo Search. Yahoo now features a search shortcut that will allow users to locate the lowest gas prices in their area. With today’s gas prices averaging around $2 a gallon, the need for such a option is clear.
It’s tempting. There are so many companies offering cut-rate hosting – loaded with astounding post-futuristic techno-gizmo features ! – that it just makes sense to save a few dollars, right?
I’m willing to wager real money that you are asked, “How much do you charge?” early in a selling conversation. The problem is, if you answer it, you are sunk and if you avoid it, then any trust you’ve established flies out the window.
Years ago, I was in the US Air Force, stationed at Clark Air Base, Republic of Philippines. I loved the place and regretted when our unit was moved. The biggest lesson I learned during my tour of duty there was to bargain. This was a concept that was, and still is, foreign to most Americans.
In the competitive marketplace of the new millennium, the demand for specialized products or services will increase. If your site sells everything or to everyone, chances are that your audience will not perceive any greater value in shopping from you than anyone else. Keep in mind that price is *never* an issue — what’s important is the value behind the price.
Graphic design is an intimidating subject for many Internet entrepreneurs. However, most of us must learn some basic design techniques to avoid the high costs of hiring a professional graphics designer.
I just got off the phone with a company that provides me a service for which I pay $600 each month.
A couple of days ago I received a letter from them saying that due to economic factors, cost increases, blah, blah, blah they were going to raise my rate by a “modest amount”.
In an increasingly price-sensitive world many business professionals feel that the only way they’re going to win in a competitive RFP situation is if they slash their prices.
Do you ever wonder how you are going to make your product or service sell when you don’t offer the lowest price? Because people always go for the lowest price offered, right?
Not exactly. Do most people buy their cars from the junkyard? Or their TVs from pawn shops? Of course not. There is one thing that customers value more than getting a good deal. They will pay exorbitant amounts of money to eliminate risk.
Have you ever been in the situation where you are trying to sell a product at one price, and everyone else is giving the same product away?
People don’t always buy based on the lowest price, but they do like to feel they’re getting a good deal. If your aim is to give your customers value for their money… then your asking PRICE should represent the VALUE customers place on your product or service. If the price asked for doesn’t feel right, in relation to the value delivered, customers are not going to buy.
The department store chain, Nordstrom, is a master at giving its customers special treatment. I live in Phoenix, Arizona, where until recently, there had been no Nordstrom. The closest stores were located in San Diego, some 300 miles away or one hour by air. So how did Nordstrom get people from Phoenix to shop at one of their stores in San Diego in big numbers? The answer is they spoiled the people who did and they spread the word.
One way to beat your competition is to charge less for a similar product or service. But you can also beat your competition when your price is higher. One of the best ways to avoid price competition is to become a specialist in a narrowly defined targeted market.
Are you one of thousands of struggling entrepreneurs scared to overprice your products? Now, you can stop peddling your wares for pocket change, and learn to raise the price of your products inconspicuously, (or price a new product higher initially), to actually INCREASE your income.
The following 7 tips will help get you on your way:
Realize that there ARE going to be several people that will reject your high(er) prices.