Monday, August 9, 2010

Two essential components for a value proposition


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There is no doubt that today's consumers is a strong value. Want to ensure you get the more money you can only.

Many entrepreneurs mistakenly think this means for the customer in search of low cost or inexpensive. The sale price is not firm as a driver of product selection, many believe that entrepreneurs allowed. Should it be the way Sprite usually less expensive 7-Up instead of a much larger market share. If price was the final decision factorCadillac and Lincoln would never sell a car.

If the people of that face value for what they get for their money. To understand, we must remember that people buy.

The only two things that people buy more

There are only two things people buy: the feelings and solutions. Unless you can show how your customers better informed about the value or get the feeling that one of ITS problems to solve a serious reduction in yourpossibility of closing the sale.

Cadillac and Lincoln are able to overcome their higher prices compared with Chevrolet and Ford, by selling people the feeling of elegance.

Two key components of a successful value proposition

Although most of the sales involved to recognize that they need to make a value proposition to close a sale, often leaving the value set. Here are two important components of aa successful value proposition:

First, your eyes are worth. Ensure that the total price and the components of the product or service to ensure a view that the price is fair for what they offer. Remember that the value is typical for independent retailers. This is because retail is tangible and the value is perceived.

A mall-based National Pizza Store is able to convince customers to pay for an extra value meals, simplycreate the feeling that a good deal. They regularly pay more for meals than the sum of value would be if the items were ordered individually.

This example is just one example of the perception of value offered as a way to provide real value. Overloads and damages finally gets a call. The price should be something you as an expert in your field, it can easily be identified as truly exceptional.

Secondly,its value in the eyes of the customer. Make sure the customer sees the value in your offer. This means you need to sympathize with them, remember what the customer tells you about their problems and feelings. If the customer is required to clearly recognize the value that can stop other options for their money.

Related : Proposition 8

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