How To Increase The Price Of Your Product Or Service

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Svencast

Sven Platte

71 episodes

1 week ago

My name is Sven Platte and with Digistore24.com I have built two 9-figure Companies. However, I am not a Guru. I am still a student. I am learning and trying to get better at business, investment, health and relationships every day. For all this I am talking to the brightest minds in my Podcast and I want to invite you to join me in my journey to perform better in business, spirit and life. This is Svencast Listen, Grow, Repeat. Follow me also on: Instagram: https://www.instagram.com/svenplatte https://www.svenplatte.com/imprint-en https://www.svenplatte.com/privacy-en

Entrepreneurship

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Entrepreneurship

Business

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How To Increase The Price Of Your Product Or Service

Svencast

11 minutes 4 seconds

2 years ago

How To Increase The Price Of Your Product Or Service

Do you want to earn more from your products?

Not sure how to decide your product price?

In this video, I explore the art of pricing your product or service to get the highest price possible.

It all comes down to the perceived value and customer circumstances, particularly pain. I examine how pain can influence a customer's willingness to pay and how to use scarcity to create urgency in the sales process. However, it’s crucial to emphasize real scarcity to maintain trust and reputation.

I also explain the convenience of buying and how it can affect your pricing strategy. If you're an online entrepreneur looking to scale your business, you need to consider how you can perfect the buying experience for your customer. Watch this episode to learn how to increase your perceived value, boost your sales, and become a trustworthy and successful entrepreneur.

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