If I'm to pinpoint the top reason entrepreneurs fail, it is that they think they have to start at a low price point.
So, you are spot on here:
"Premium pricing, when aligned with genuine value delivery, creates a virtuous cycle: higher margins fund better products and services, which justify premium prices, which attract customers who value quality over price."
In 2009, my first online training had crickets. Hubs -- a master salesman -- told me to raise the tuition. That ultimate success deserves its own post, Andrew!
If I'm to pinpoint the top reason entrepreneurs fail, it is that they think they have to start at a low price point.
So, you are spot on here:
"Premium pricing, when aligned with genuine value delivery, creates a virtuous cycle: higher margins fund better products and services, which justify premium prices, which attract customers who value quality over price."
Absolutely 💯
In 2009, my first online training had crickets. Hubs -- a master salesman -- told me to raise the tuition. That ultimate success deserves its own post, Andrew!
I could not agree more Donna 😜
Than, on my post will-do list!
Lots to thinking about here! Thanks for the insights.