I have a question from my lecturer if the difference between price and cost is profit the difference between value and price is capital gain then, what is difference between cost and value? thank you.
Hi Kokoro. I would call the difference between value and price the benefit to the buyer/consumer, and the difference between cost and value the "system benefit".
"Second freshness - that's what is nonsense! There is only one freshness - the first - and it is also the last. And if sturgeon is of the second freshness, that means it is simply rotten." :-)
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"Remember customers don't buy a product or service, they buy the results or benefits that the product gives them." Genius!
Yeah, that's a good one, isn't it! Changes your perspective on things.
Thankyou very very much
You are most welcome 😊
Brilliant!
Thank you!
5:19
Well said.
Thank you! I think that's the essence of sales and marketing!
I have a question from my lecturer
if the difference between price and cost is profit
the difference between value and price is capital gain
then, what is difference between cost and value? thank you.
Hi Kokoro. I would call the difference between value and price the benefit to the buyer/consumer, and the difference between cost and value the "system benefit".
@@TheFinanceStoryteller thank you so much 😊
well done
Thank you!
hahahaha......second freshness, hilarious....and known only for those who read Bulgakov!!!
25 centavo 1966 value price
Cool story, but Bulgakov said, that second freshness isn"t exist
"Second freshness - that's what is nonsense! There is only one freshness - the first - and it is also the last. And if sturgeon is of the second freshness, that means it is simply rotten." :-)