Avoid The Commodity Trap: Raise Your Price!
My new article for Brand Quarterly is out now!
I recently suggested an unconventional idea to my consulting team. I proposed that we tell our clients and prospective clients this:
We are the high price leader.
NOBODY charges more than us.
In fact, if you find a company that charges more, we will gladly match their higher price AND add an additional 10%!We will NOT be over sold!
My team enjoyed a good chuckle… until they realized that I was serious. I suggested this scenario because I wanted them to think long and hard about how we can continue breaking out of the commodity trap.
You can read the full article here.