Entrepreneur, blogger, biz coach. Believes in getting-rich-quick the slow way minus the pain (mostly). Get my free course on subversive influence: goo.gl/PZBbPX
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Thank you for becoming a member of my channel. I did not see any martial arts related video here so I wonder what kind of marital arts you do. I will check out your videos further more.
Nice video I'm in love with the concept pricing high and decreasing as time goes by if people are not buying the product also I like how u said "if you start low everything above that price look expensive" great video.
I came to this video because I've been trying to start a conversation based around the entire red for Ed movement. And I see repeated on the backs of cars in on Twitter post ad nauseam "educators deserve more". How can one bring that almost completely undefined concept to the ground? I feel like nobody gives the complexity of the issue proper weight, especially since it's even less of a direct cost/benefit relationship since a lot of educators are publicly funded. I tried to look at a more open market with private educators, but they tend to get paid less than public educators, the opposite I expected to find if educators are generally underpaid. I figured if I looked at the private market were prices may or may not be so fixed by legislation that the issue would be more visible. I found the opposite. It almost seems like education as a an institution is dying and the prices are a sign of that. I am in my 30s and growing up I still found more crappy teachers than halfway decent ones. Choose that can't even schedule/organize themselves properly.. I can count on one hand how many good teachers I've had. I'm sure that's a big part of it too.
good advice. Personally I am most attracted to integrity, honesty, personality. We are all full of flaws.. but these flaws are what makes us connect with each other ;)
So articulated & logical that it got me into click like & subscribe instantly. However, what happens when I’m introducing a niche product in a very competitive price conscious market where the customer weights the value in low-price only & not in any other way around? It’s becomes really a challenging task to translate the intrinsic value into customer’s mind that product brings along.
Hi man. I have a CBD AND HEMP start up in Perú. So i learned that I need to explain my costumers about the cost of my product and they need to feel it. I was also afraid to uprise my price, so this video helps me a lot. Thnks!
Thank you very much. We are just beginning to organize our on line course in Social/Life Skills that we have been doing to groups personally for a 8 years. Your clear tips have made the transition seem much easier than anticipated.
Can you HELP me? I’m pricing stuff on eBay but don’t get how to pic correct price? Say I had a range of 30.99-31.99-32.99-33.99-34.99-35.99-36.99-37.99-38.99-39.99. What should I pick? 29.99 is too low for my profit I’d like. Also how should I pick profit? I normally make 10-20 profit. So say I have to list it at 30.99 to make my minimum of 15 profit what do I pick? Or should I only make £5 profit or take it down a few to 29.99 ? Thing is if I price it higher I need less sales to make my goal income but lower margin means more sales, but then if itS prices lower I will make more sales? But if I don’t make more sales then its better to list higher and hope to get that higher profit sale. IDK WHAT TO PICK ?
Thankyou soo much Sir for these tips!! I'm saving this video so that i can watch it over and over to get these points deep in my memory. I've always been anchoring low and hence upselling beyond that point was impossible for me Thank God i came across this video
Good video Spencer! Sort of reminds of me retail employees. "Can I help you find anything?" The response from the patron is always, "No, I'm just looking around." I always thought there could be a better way to frame the interaction and some training on that.
This one made me think beyond what you are talking... It was a good catalyst to thinking. Here's what I came up with: "ONLY after I have set the VISION and VALUE, I have earned the right to discuss the PRODUCT and PRICE."
Thank you men !!! Now I am at time when I want to move my life to different lvl )) I totally agree with you about when you starting understand how changes work and leave alone doubts in our head , then everything more chance to going is right by plan ... Love physiology + than give us to think and move !!! Good luck !!))
Great work - just subscribed. Recommend you place your website and link to it that you are are promoting in the Header or whatever space that is right under your name. Also partly, because I'm not sure how to spell what I thought I heard. Finally, the website I went to is showing it is not safe and warned me it might change my certificate. Not sure what that means - but you may want to check that as well from another computer. Keep up the good work! THanks
Hello Spencer. Thank you for your post. I find it very comforting to hear your ideas about pricing. I am about to launch a luxury fashion brand, and we are proposing more value for lower prices. My partner the creator and designer wants to charge higher then me, I am the business person. Even thought it is a start-up, my partner has 20 years of experience in high end luxury brands and creates wonderful garments. However I am not sure if we should price ourselves immediately high or wait until we get some clients and later rise the prices... Thank you for your answer.
@@davidflorez1196 The guy has 20 years of experience in high end luxury brands but she still wants to get her own way 🤦🏽♂️ I bet her business flopped, she’s too hardheaded
I really lied your coin and the following advise of anchoring. how can I use it for selling cakes from home and also selling products in network marketing
Awesome thank you so much. We own a small butchery in a low socio economic area that's on the cusp of getting better. We took meat packs off the menu because people weren't buying them. Now I know why. There was too many options so they didn't seem valuable or a good deal. You just told me why they failed. Right before Christmas, this couldn't be better timing!