Phoenix Rising

Trending Sources

3 Leaders Who Follow the Signs

Phoenix Rising

Yet there's a huge market of folks who don't want to pay designer prices for, well, underwear.  There are many of us don't want to pay expensive prices and/or who don't look great in the Vicky's Secret world of underwear models. That meant there was a segment of the market that might not want to pay the higher prices. So Glade offered their signature scents in candles, available at a much lower price point than boutique candles. SC Johnson mapped the value of Glade—great scents at affordable prices—to a newly emerging market for candles.

3 Leaders Who Follow the Signs

Phoenix Rising

Yet there's a huge market of folks who don't want to pay designer prices for, well, underwear.  There are many of us don't want to pay expensive prices and/or who don't look great in the Vicky's Secret world of underwear models. That meant there was a segment of the market that might not want to pay the higher prices. So Glade offered their signature scents in candles, available at a much lower price point than boutique candles. SC Johnson mapped the value of Glade—great scents at affordable prices—to a newly emerging market for candles.

Turn the Tables!

Phoenix Rising

Would we focus on promoting ourselves with more extensive advertising, discounting our own product to meet their prices or pick up and move to a new location? We all know when the big bad chain moves into town - small businesses lose. How many of us would panic if some big, larger than life competitor moved in next door to our business? Perhaps we'd become deer in the headlights and do nothing, waiting for the inevitable? This owner used the competition's perceived superior value against that big bad chain. He turned the tables and spit in the face of the expected outcome!

It's the Little Things

Phoenix Rising

  "I can't beat the big name prices - but I can sure beat their service. I do little things for my customers, and hopefully they see their way to come back." As I drove out I looked at his gas prices. This SMB owner is bucking that trend in a highly price competitive market. Thanks to his customer focus and the personal touches he shares, he's getting a slight premium price and outselling the bigger competition hands down. I found inspiration on my way to a horse show. stopped at a little Ma and Pa gas station - the fourth place I'd tried.

SMB 2

Sensationalism is not Expertise!

Phoenix Rising

Now the only question is, "What's your price?" Scott put it on the table when it comes to selling out our integrity for the big bucks - something I personally see happening all around me. Scott McKain wrote a post on Friday that got me going, I ntellectual Dishonesty. It's an eloquent rant concerning the growing negativity and sensationalism created by supposed industry 'gurus', all for the sake of ratings and followers. IN the end that behavior all boils down to MONEY and EGO. He nailed the topic right between the eyes. So go read his post. So why am I writing?

Right and Wrong in the Eyes of the Beholder

Phoenix Rising

For example, when one company sees predatory pricing as 'just part of the game' and another views it as ' not acceptable' - who gets the advantage? Have Right and Wrong become a subjective decision? Not so long ago  we had a clear and consistent value system. Today we ebb and flow based on the situation and those involved. What's OK for one business executive may not be ethical in another executive's eyes.    That makes for an interesting playing field, doesn't it?  How can we possibly win in those conditions? hope not! Who knows why.

Stop Blaming Sales!

Phoenix Rising

  If that's the case, marketing  has missed something - it's the wrong product, story, pricing or target audience.   Pricing was set in the corporate vacuum, er headquarters, as well. Also included was a pricing exercise. I had to remind a client of that fact as we were discussing their last product launch - a launch that was less successful than they'd hoped. The executive was complaining to me that the revenues just hadn't ramped as expected. Does anyone else smell a rat? surely did. hear this story too often. What a bunch of baloney.

Reading Between the Lines is for Dating

Phoenix Rising

They split the difference to avoid upsetting anyone, and communication pays the price. Looking at a friend of a friend's website. spent 30 minutes and was still scratching my head about the value the biz provides. found claims for improved performance, increased revenues and just plain super duper business results. Statistics and name dropping. Every popular buzzword right there on the Home Page for all to see. But I still didn't know what they did. I had to dive into the product pages. wonder how many other visitors would spend the effort? So why all the ambiguity?

Dynamic pricing done automagically

Biznology

Replace your pricing strategist with  Wiser.com ! There’s the price you’d like, the price you want, the price you’d take, the price you need, and cost. And that price could vary by upwards of 50% or more. The lowest acceptable price. It’s real-time price bidding. Pricing. Wiser. All in real time, dynamically.

Price 84

How to Implement Dynamic Pricing without Sacrificing Margins or Customers

Hubspot

Dynamic pricing has certainly been gaining traction in the online retail space. Popular in industries like hospitality and sports entertainment, dynamic pricing has led to the retail price tag's obsolescence in those industries. Because it is a symbol of static pricing, a tactic that holds many retailers back from success in the ecommerce landscape.

Price 40

How do you know your price is too high?

Biznology

This is a disappointing turn of events for sure, but I wasn’t prepared for the idea that was floated next: let’s cut the price of the product 40%. See, the problem here is that we have no evidence that price is the problem. If any of these are the real problem, lowering the price will have no positive effect, because price isn’t the problem.

Price 36

Pricing Based on Customer Expectations

Sazbean

Pricing, when done properly, is one of the most difficult tasks any business faces. Price something too low, and people wonder about the quality. Price too high, and you’re out of budget. Price vs. Quality. Everyone has a certain quality vs price tradeoff that they’re willing to make for any given product or service. What is the highest price charged?

Price 40

How Agencies Price Their Services, In 4 Charts

Hubspot

There's a standard market price for milk, speed boats, and even birthday clowns, but the going rate for agency services is a little more of a gray area. This lack of clear guidance has led every agency leader to ask themselves at some point during their company's growth : How the heck should I price my services? So is there a one perfect pricing model? Not quite. Probably not.

Price 36

Price Negotiation: The Buyer’s Broken Calculator

Buyer Insights

To reduce price discounting sellers need to focus on how buyers do their maths. Economics Top 10 Using Maths To Sell Buying Process Price Negotiation sales meeting

Price 49

Raise Prices for B2B Sales Without Losing Your Regular Customers

Sales Prospecting Perspectives

Sales Prospecting Perspectives is pleased to bring you a guest blog from Colleen Francis, After three years of selling products and services at the same prices, your company decides a change is in order. It’s time to make a few price increases to better reflect the current market and rising costs. And yet there are several other pricing methods that businesses employ as well.

Price 73

4 Ecommerce Pricing Strategies You May Not Have Considered

Hubspot

When determining prices for your ecommerce store , you’re likely to consider traditional methods: markup, anchor, and luxury pricing. Free isn’t a price. After all, won’t customers take advantage of the pricing structure to walk away with products at ridiculously low prices? If that’s the case, what benefit do you have in offering a PWYW pricing model?

Price 39

How Pricing Affects Marketing Strategy for B2B SaaS Companies

bizible

One of the best ways to break the SaaS vertical into subgroups is by looking at their pricing models. How pricing affects your marketing strategy plays out across several dimensions. SaaS pricing plays a huge role in this decision. But whether you’re doing 80% demand gen and 20% ABM or 20% demand gen and 80% ABM, is largely a factor of your pricing strategy.

Price 49

Capitalizing on Pinterest Rich Pins price notifications

Confluent Forms

This functionality enabled (for this purpose) "Product pins for things like clothes and furniture with pricing, availability, and where to buy (updated every day!)" Then, in August 2013 Pinterest added notification emails of price drops on products that you had pinned. So what generates a price notification? How much does the price need to drop? How huge? no coupon code!)

Price 52

The price of poor language

Integrated B2B

For example, did your company recently win a price ? Let’s take a look at a handful of the most common bungles: Companies win prizes, not prices. The price versus prize is a mix-up that we see in Denmark all the time. It makes little sense to a native-English reader who doesn’t necessarily know that the word “pris” in Danish can mean either “price” or “prize”. Period.

Price 31

11 Pricing Page Examples To Inspire Your Own Design

Hubspot

Whether you're in the market for software or a new coffee pot, searching for price is a natural part of any customer's buying decision. The means that the majority of people who have made it down the funnel far enough to consider buying from you will likely look at your pricing page. If your pricing page isn't well designed and user-friendly, you're going to lose people.

Price 44

Big Data and Marketing Intelligence Help Make Better Pricing Decisions

Crimson Marketing

Did you know that an average 1% price increase equals an 8.7% Yet it’s projected that roughly 30% “of the thousands of pricing decisions companies make every year fail to deliver the best price” leading to a significant loss in revenue. The answer of how to make better pricing decisions lies in big data and marketing intelligence. Automate.

Price 53

Earn Your Success, Pay the Price

Your Sales Management Guru

Earn Your Success   Pay the Price. good friend of mine always told me that you “earned success” and you had to accept the fact that their normally was price to pay for that success.   Paying the price to develop, nurture and expand your network pays results. First ; it’s creative time.  What else can you do to win? Second; it’s professional. eventID=74422.

Price 46

7 Pricing Mistakes That Can Seriously Stifle Sales

Hubspot

When it comes to evaluating price, most of us don't have a clue what we're doing. According to Priceless author William Poundstone , much of our strategy boils down to "just winging it," and that's not an effective way to do business: “People tend to be clueless about prices. How can you stay ahead of the curve and price your offerings the smart way? There's only one problem.

Price 61

How to Talk About Pricing Without Scaring People Off

Hubspot

Pricing. After all the excitement of attracting a potential new customer, pricing seems like such a killjoy. But pricing is just as important a concept to communicate as the features of your product or the benefits of your service. But when is the right time to talk about pricing, and what's the right way to go about it? Should You Put Pricing on Your Website?

Price 49

The Agency Pricing & Financials Report [New Data]

Hubspot

To help you better understand how agencies price, manage, sell, market, and deliver to clients, we conducted a survey during April and May of this year, with more than 750 agency executives responding to our questions. What KPIs are other agency owners tracking? What should my profit margin be? How many clients do I need to make $X per year? What sources generate the most and best leads?

Price 12

Pinterest Rolls Out Price Alerts to Encourage More Sales

Hubspot

And today, Pinterest released another exciting feature to help achieve that goal: price alerts for Product Pins that you''ve pinned. Now, when those shoes you''ve pinned that are just out of your price range but you can''t help but long for them go on sale, you''ll get an email alert and see the reduced price directly on the pin. and you didn''t have to do any of the work.

Price 42

How B2B Companies Can Avoid Marketing on Lowest Price

The Forward Observer

Artillery B2B Marketing Blog > The Forward Observer B2B companies who systematically measure and monitor their customer engagement can lessen their dependence on lowest prices – and increase revenues and profitability. And the higher up you go on your customers’ engagement hierarchy, the more you can move the relationship from price to advice. But in fact, the reverse is true.

Price 65

Your Pricing Is Wrong: One Critical Mistake Most Agencies Make

Hubspot

Recently one of HubSpot''s very best partners decided to redo their well-regarded pricing page, saying "That model of ''here''s everything for $X'' is broken, and has been either un-qualifying us when we should be qualified or setting us up for failure.". Why Getting Pricing and Packaging Right is Crucial. If you price too high you get beat out by the competition needlessly.

Price 34

Embrace the Controversial: Why You Should Publish Pricing on Your Website

Hubspot

One of the most controversial decisions for almost any business owner is whether to post pricing information on their website. So, why won''t people put price on their website? Own the Price Conversation. Here are some compelling reasons that reticent business and site owners should start including price. They will continue to search until they find a price.

BI Vendor QlikTech Reveals QlikView Pricing: I Modestly Help to Clarify

Customer Experience Matrix

Business Intelligence software vendor QlikTech * officially published its price list last month, after years of keeping it a not-very-closely-held secret. I was personally pleased, since people occasionally ask me what QlikView costs. Just in case anyone else is also confused, here’s what they told me: - The lowest entry price for a fully functional version is $1,350. Let me state clearly that as a confirmed QlikView fan, I think this is a terrifically low entry price. qlikview price business intelligence software qliktech

Price 32

[Video] 4 Tips to Avoid Pure Price Competition

Jill Konrath's Fresh Sales Strategies Blog

It''s just pure price competition.”. Here are 4 tips to help you overcome price competition in sales. 1. And you can’t do it by quoting a price. And, you’ll avoid pure price competition Sound familiar? It’s happening everywhere. And, to make matters even more challenging, today’s customers have done tons of research online and think they know what’s going on.

Price 30

Is Social Media Just Winning Price Sensitive Customers?

Digital B2B Marketing

Content Social Media alienware Jay Baer preference segment pricing social media twitterIn social media, marketers buy attention with promotions or discounts. And research shows consumers expect this from marketers. 44% connect with brands on Twitter for discounts (source). The problem is, buying attention is an old school mindset, plopped into a new communication paradigm. For social media to become an important part of the marketing mix [.].

Price 24

Getty's New Free Stock Photos Come With a Price

Hubspot

It''s not fun fighting off lawyers when you thought you were using an image under a fair use clause. Where do you find images if you think you''re going to get sued, anyway? Well, now Getty''s attempted to make it a little easier to find high-grade stock photos that are legal for most people to use. To find images you''re allowed to embed, click here and then enter your search terms.

Price 32

Good Question: How is Docalytics Priced?

Docalytics

For those who have spent any time researching our product offerings on our website , you’ve probably noticed that in some instances we’ve omitted pricing details. To publish pricing or not to publish has been a hotly debated topic in the SaaS world since the advent of pricing pages some time ago. Docalytics PricingStill not satisfied with the information above?

Stop Talking Price, Start Talking Time

B2B Marketing Unplugged

If you’re struggling with a sales team that can’t seem to stay out of the pricing discussion, try training them to talk ROTI and flip the whole thing to a value conversation instead of a price conversation. Every Wednesday, I rearrange the colour-coded pens and precisely aligned office accessories on my colleague’s desk. It’s a thing to look forward to. My email is not on file.

Price 18

21 Things to Know When Pricing a B2B Website

PWB Marketing Blog

Many factors influence the price of a website. Pricing a website – whether B2B or B2C – really comes down to outlining a clear scope of work for the project. Pricing a B2B website is different than B2C because business audiences’ needs and buying behaviors are different. What other considerations would you include in determining the price of a B2B website?

Price 30

It’s Time to Get Your Pricing House in Order

B2B Marketing Unplugged

May I suggest you spend some time now getting very intimate with your pricing? The Sales Squirrels view pricing somewhat differently. So the price book our product managers worked so hard to build and defend is really just a lovely guideline. The first thing we ought to do is to raise our prices. If you haven’t raised your prices in more than a year, it’s time.

Now is The Time to Change The Scope of Our Free Offering

Sales Intelligence View

Products & Technology crm prices insideview editions insideview prices insideview pricing insideview product insideview tiers market intelligence pricing sales insights pricingIn the software vendor world, the freemium model is pop […].

Pinterest to Send Email When Pins Drop in Price

Vertical Response

Pinterest recently announced that it will now send users an email if a product they’ve pinned has dropped in price. Just keep pinning the things you’re into, and leave the price watching to us. The post Pinterest to Send Email When Pins Drop in Price appeared first on VR Marketing Blog. ” The company plans to roll this out to users over the next few weeks.

Does Your Pricing Leave Money on the Table?

B2B Marketing Traction

What’s the best way to price your product or service for business to business (B2B) marketing? This is one of the most common questions B2B marketers have, and pricing your product or service wrong can be a disaster. Pricing must take into consideration customer demand, price sensitivity and elasticity, the competition, and market conditions. Cost-Basis Pricing.