Emphasize the virtues of your product or service, rather than the price. It will keep your competitors at bay, and your customers close. As business owners, we are often tempted to discount our product or service, thinking it will somehow win us customers and drive growth.
Read More »Tag Archives: competitor
Feed SubscriptionWho matters (or should) when scientists engage in ethical decision-making?
One of the courses I teach regularly at my university is “Ethics in Science,” a course that explores (among other things) what’s involved in being a good scientist in one’s interactions with the phenomena about which one is building knowledge, in one’s interactions with other scientists, and in one’s interactions with the rest of the world.
Read More »Make the Sale Without Cutting Your Price
This simple, 3-step approach helps you sell against a cheaper competitor--without having to discount. This is an important column, maybe the most important ever I've published. It contains the key to keeping your company profitable and free from debilitating price wars
Read More »Entrenched Competitor? Make the Sale Anyway
Here's how to level the playing field when your competitor has the inside track.
Read More »The Best Pricing Strategy
Before you start lowering prices to stay competitive, here are some easy steps to beating them at their own game. It’s a familiar story : A company begins to use defensive pricing when a competitor has reduced its market share. The competitor lowers prices
Read More »Is War a Good Analogy for Business?
Michael Robbins, the editor of Military History, took the stage this afternoon at the Inc. 500|5000 Conference to discuss Sun Tzu's 2nd century classic, The Art of War.
Read More »Google Launches Groupon Competitor, Groupon Poaches Google Exec For COO Job
After dangling a reported $6 billion offer in front of daily deal site Groupon (which it ultimately rejected), Google is pressing on with its own service. Today Google unveiled Offers , a new feature that will allow local businesses to show off deep discounts to consumers. Seemingly a direct competitor to Groupon and Living Social, Offers boasts of discounts of 50% off or more
Read More »Yuck: Ad Subsidized Kindles
Amazon has announced it will begin selling an ad-supported version of its Kindle eReader starting May 3rd. The "Kindle With Special Offers" will sell for $114, an 18% discount from the current $139 sticker price
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