STOP LOWERING YOUR PRICES TO HANDLE INCOME AND SALES PROBLEMS
STOP LOWERING YOUR PRICES TO HANDLE INCOME AND SALES PROBLEMS by Nick and Lisa Terrenzi
English | April 1, 2022 | ISBN: N/A | ASIN: B09X3P2ZMN | 20 pages | EPUB | 0.52 Mb
English | April 1, 2022 | ISBN: N/A | ASIN: B09X3P2ZMN | 20 pages | EPUB | 0.52 Mb
SHOULD I LOWER MY PRICE?
You are solving the wrong problem!
Lowering your prices always costs something. How much money are you willing to lose for the money you make?
Fix the actual cause of low sales. Remember truly great sales people are not born, they are trained professionals!
SHOULD I LOWER MY PRICE?
Every business owner experiences a slump in sales once in a while and can worry about being able to cover their payroll and bills. Whether it occurs quickly or over an entire quarter or more you may be worried that your business will not recover.
A common strategy is to lower prices to have a sale, thinking people will then start buying again. Even though this can work for a very short period, you should not rely on this to drive your long-term success.
The value of something is not a fixed value. The value is as high or low as is perceived by the seller and consumer.
Perception plays a very important role in pricing. There are hidden effects and consequences of lowering prices.