Podcast

The Importance Of Matching Value & Price

Episode 75

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About The Show

It is common as a business owner to worry about how much to charge for our goods and services.

If the price is too high we may not make the sale or even worse the customer might make comment that we are too expensive and make comparisons to our competitors.

The truth is though, it is the business owner that has more of a problem with the price of their goods and services more than the customer does.

The trick to getting this area of your business right is to make sure the value of your offer to your customers is higher than the price, or at the very least your value matches your price being charged.

What You'll Learn!

  • The importance of your value being higher than your price.
  • How it is the business owner who has a bigger problem with the price of their goods & services than the customer themselves does.
  • The customer is focused on the value of the transaction to them and how it is going to solve their problems and change their state.
  • The importance of understanding your customer’s perception of quality.
  • What happens when your value doesn’t exceed your price.

Links Mentioned

Join other business owners in our Free Facebook Community all sharing their trials, ideas and wins in business. It's a fantastic community of driven and supportive entrepreneurs.

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Full Episode Transcript

CHEAT SHEET!

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Cashflow is critical to success in business. You can have the best business idea ever, but if you can’t generate cash and pay the bills you won’t survive.

Grab my 12 simple ways to boost your cashflow cheatsheet!

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