Remove Demand Remove Email Remove Pricing Remove Sales
article thumbnail

Good, cheap, fast. Pick any two.

Berkonomics

If it becomes a part of your long-term sales message, there is risk that you will set expectations you cannot achieve. And a disappointment based on missed delivery or completion is as great as one based upon trounced quality or price expectations. One answer to this puzzle. Back to Red Adair…. There are other ways to describe this.

Resource 156
article thumbnail

Real Startups Never, Ever Discount Their Prices

InfoChachkie

Avoid a simple pricing mistake which could sink your startup. Because I am cheap and I know that car dealers are incentivized by the manufacturer to hit quarterly and annual sales goals. Thus, the value of a sale at the end of a quarter can be significant, if the sale contributes to obtaining a manufacturer''s incentive.

Pricing 100
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why buy IT? Why buy MINE? Why buy NOW?

Berkonomics

These are so succinct, so well defined, so precise that everyone in sales and everyone involved in marketing must be able to answer these three questions without pause, and convincingly. It would pay you to work over this set of questions in a special session with sales, marketing and senior management in the room at once.

Sales 226
article thumbnail

Startup Pricing: Are You Selling A Giffen Product?

InfoChachkie

In his premier film appearance in the blaxploitation send-up “I’m Gonna Git You Sucka,” Chris Rock inadvertently addresses a key pricing challenge faced by most entrepreneurs. Watch this 93-second clip and see if you can identify the pricing pitfall addressed in this humorous snippet. Price = Value. How Much For A Rib?

Pricing 100
article thumbnail

Premature scaling can kill your business.

Berkonomics

Email readers, continue here…] I’ve been involved as a board member of two such businesses, where venture investors came aboard and pushed management to immediately scale the business without regard for profitability, and without much regard for infrastructure. Why it’s so personal to me…. first appeared on BERKONOMICS.

article thumbnail

Exit timing and price: WHEN to sell? How long does it take?

Berkonomics

His Strategic Exits Corporation provides M&A advisory services, and he is much in demand as a speaker at angel and entrepreneur events worldwide. – Dave. Email readers, continue here…] How Long Does It Take to Sell a Company? By Basil Peters.

Pricing 120
article thumbnail

Shopify Just Bought the Deliverr Shipping Network for $2.1 Billion

Tech.Co

Ecommerce company Shopify supports small businesses with technology like ecommerce website builders and retail Point of Sale systems. Please fill in your email. Plus, Shopify says, “inventory placement algorithms” can predict demand in order to better route inventory. Shopify is paying $2.1 Sign up to the Tech.co