Add Value but also Sell it really well

by Jeff Burritt Banned
8 replies
I sometimes feel the tension between wanting to add the best value to my customers that I can, but also making sure that my price point is high enough to maintain a decent profit margin.

Sometimes I get frustrated when I see other digital sellers offer lower quality products/services but selling it for more with lots of big promises that are a bit unrealistic. I think, why do people fall for that? But I guess they do. And it seems it may be easier at times to just offer lower quality and just sell it really well, but I'm not completely comfortable doing it.

I don't like to offer less than what I know I can reasonably provide, in other words, the best value I can give for my time/money. But I also have to only do what's reasonable for the price, and not waste time doing work for pennies.

I see seminars and books on topics like 'work less and get paid more' or 'how to sell at a higher price and make your customers love you for it.' I admit I'm attracted to this idea, but have found it hard to actually implement in real life. Perhaps I still have much to learn in this regard. And, ultimately, I think it's a balance, and we all have our own comfort level with price/value.

In the end, I think it's best to offer a great value, but also learn to sell/market it really well. Because if you have two similar companies, it's the one which sells/markets themselves better which will win.

Your thoughts?
#add #adding value #earn more #higher profits #sell #selling #working less
  • Profile picture of the author javrsmith
    There are certainly no easy answers for price versus quality. Keep doing what you are doing and test everything. If you deliver value, the money surely has to come.
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  • Profile picture of the author Manuelcrc
    Price versus quality...
    Why not create two versions of a product (a "cheap" abridged version and a "premium" version). By doing this, you won't need to worry, it will be left to your buyers to choose how much information they want and how much they are ready to pay.
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  • Profile picture of the author discrat
    Originally Posted by Jeff Burritt View Post


    I see seminars and books on topics like 'work less and get paid more' or 'how to sell at a higher price and make your customers love you for it.' I admit I'm attracted to this idea, but have found it hard to actually implement in real life. Perhaps I still have much to learn in this regard. And, ultimately, I think it's a balance, and we all have our own comfort level with price/value.
    Maybe I am reading this wrong ?

    But you are selling information to people on 'how to sell at a higher price and make your customers love you for it.' But you cannot even do this yourself ?

    So your selling on Theory and not on actual Experience ?

    And this is perfectly fine if you are transparent about it and are Selling another person's Product ( affiliate).

    But not your own !!
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    • Profile picture of the author Jeff Burritt
      Banned
      Ha, yeah, you read it wrong. "I see...." not "I sell...."

      I don't sell seminars or books on that topic. I just see them and wonder about them, that's all



      Originally Posted by discrat View Post

      Maybe I am reading this wrong ?

      But you are selling information to people on 'how to sell at a higher price and make your customers love you for it.' But you cannot even do this yourself ?

      So your selling on Theory and not on actual Experience ?

      And this is perfectly fine if you are transparent about it and are Selling another person's Product ( affiliate).

      But not your own !!
      {{ DiscussionBoard.errors[9937116].message }}
      • Profile picture of the author discrat
        Jeff,
        My bad . Your right. Sorry
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        • Profile picture of the author Jeff Burritt
          Banned
          No worries! I used to live in San Antonio, great town!

          Originally Posted by discrat View Post

          Jeff,
          My bad . Your right. Sorry
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  • Profile picture of the author kk075
    Originally Posted by Jeff Burritt View Post

    In the end, I think it's best to offer a great value, but also learn to sell/market it really well. Because if you have two similar companies, it's the one which sells/markets themselves better which will win.

    Your thoughts?
    Personally, I think that if you're offering genuine value then you don't have to sell anything. In fact, trying to sell something that should sell itself will make it less valuable in the eyes of the consumer.

    For example, a good lawyer charges $150 and hour and advertises everywhere. An elite lawyer charges $1500 an hour and works solely by referral. If all you're doing is promoting, then you're never going to join that elite category,
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