Why High Prices Make You More Competitive

Why High Prices Make You More Competitive

Most businesses look for ways to offer the cheapest prices in the market. Having special promotional Sales and discounting prices are commonplace tactics used to retain customers and attract new ones.But it’s a flawed long term strategy. The emphasis should be on ADDING VALUE and customer benefits to support the HIGHEST (not lowest) prices in the market.

Competing on the basis of low prices (unless the business is large enough to have economies of scale and scope) defines the commodity game which results in low margins and minimum long term profitability.In this episode I discuss why premium pricing should be the goal of every business and the actions business leaders can take to get there.

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3 Proven Ways to Grow Your Business - Part I

3 Proven Ways to Grow Your Business - Part I

There isn’t ONE magic solution to business growth. Sustainable growth comes from doing many things consistently right. And its genesis is outside the realm of textbook thinking. Textbooks are useful t...

3 Tammi 202417min

Why Do Audacious Leaders ‘Love’ The Frontline?

Why Do Audacious Leaders ‘Love’ The Frontline?

The Frontline represents the membrane between the customer and the internal ‘guts’ of a business. The Frontline represents the company’s brand, its values and strategy. And yet the Frontline rarely ge...

27 Joulu 202335min

How To Create The Best Business Plan Fast!

How To Create The Best Business Plan Fast!

Building an effective strategic plan for most businesses is typically a challenge. The process can be time consuming, expensive and is based on traditional academic planning principles aimed to define...

18 Joulu 202328min

How to Easily Make a Jaw-dropping Brand

How to Easily Make a Jaw-dropping Brand

Branding today is focused on what businesses PRODUCE as demonstrated by this typical brand statement: “I help individuals reassess their life choices to discover their true paths to success.” Whereas ...

11 Joulu 202326min

Why SURPRISE! is Better Than Meeting Customer Needs

Why SURPRISE! is Better Than Meeting Customer Needs

Most organizations focus on delivering what their customers NEED. The problem is, competition in the ‘NEEDS’ space is fierce; low prices are the main emphasis with the impossibility of any business ac...

6 Joulu 202323min

How To Remove ‘Dumb Rules’

How To Remove ‘Dumb Rules’

A ‘Dumb Rule’ is a rule or policy that customers HATE; it is used to control customer engagement and not enable it. Dumb Rules create internal friction in an organization that prevents smooth fulfillm...

4 Joulu 202324min

Why Being Imperfect is The Perfect Thing to Do

Why Being Imperfect is The Perfect Thing to Do

Everyone seeks perfection in business and in life. We aspire to be ‘perfect’ in everything we do. How is that even possible in a world that is imperfect? And who determines what’s perfect and what is ...

27 Marras 202319min

Why Copying Others is Disastrous

Why Copying Others is Disastrous

What’s the first thing most people do when confronted with a challenge or a problem to solve? They ‘Gargle Google’! They look for how others—Best in Class—have addressed the issue and then they copy i...

16 Marras 202325min

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