Impact Pricing Podcast

Memecast #25: Business is Getting Paid for Value

It may be true that they’re going to get the value. It may not be true that they’re going to get the value, but they believe they’re going to get the value.

And what we need to do is make sure we understand what our customers or our buyers are looking for. 

“Business, in its simplest form, is getting paid for providing value to the customer.”

– Mark Stiving

 

What does value mean?

Typically, we could think of this as our buyers have a problem they need to solve, they have a result they’re trying to achieve and aspiration thereafter.

The only reason that people buy a product from us or from anybody. If they perceive value.

If we can help our customers understand what our value is and the more they understand our value. The more likely they are to buy. And in fact, the more likely they are to pay us a higher price. 

Because when we think about business, business is really about us giving value to our customers and in exchange, they give us money.

We hope you enjoyed this podcast. If you see have any questions or feedback please email me [email protected]

Now go make an impact.

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Tags: Accelerate Your Subscription Business, ask a pricing expert, pricing metrics, pricing strategy

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Our Speakers

Mark Stiving, Ph.D.

CEO at Impact Pricing

Alexis Underwood

Managing Director at Wynnchurch Capital, L.P.

Stephen Plume

Managing Director of
The Entrepreneurs' Fund