How to Add VALUE to Your Product or Service

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  • เผยแพร่เมื่อ 15 มิ.ย. 2024
  • Many businesses make the mistake of not adding enough value to their product or service resulting in price sensitivity. Value isn't always about price or discounts. Value can also come from other benefits, making the price less important.
    In this video I talk about why and how to add value beyond price.
    *Vietnamese subtitles available in CC
    Book Mentioned:
    Start with WHY: www.amazon.com/Start-Why-Lead...

ความคิดเห็น • 34

  • @mslikenootha
    @mslikenootha 2 ปีที่แล้ว +2

    I literally had a meeting with my volunteers today before we started tutoring helping them to understand note taking is important so we’ll know what our clients are mastering and struggling with in reading. Remind our clients to always decode and blend NO guessing because if they do it with us they are definitely doing it in school at home, or with others. We are building healthy reading habits by reminding out clients to decode and blend no guessing😆

  • @CarcontenSA
    @CarcontenSA 2 ปีที่แล้ว +7

    I've been struggling to understand what value is and how to offer it. You have done me an incredible deal! Thank you for this video!

    • @thebusinessmindset
      @thebusinessmindset  2 ปีที่แล้ว +1

      Glad to hear it was useful. Thank for watching!

  • @proofjulius
    @proofjulius 3 ปีที่แล้ว +2

    My humble opinion is that this video is probably worth a million dollars! God bless you immeasurably sir!

    • @thebusinessmindset
      @thebusinessmindset  3 ปีที่แล้ว

      Thanks for the very kind and motivational comment!

  • @harcasvictor8310
    @harcasvictor8310 ปีที่แล้ว +1

    Top Stuff. No wasting minutes in-between with bla bla bla. Straight to the point with precision and clarify. Keep up

  • @jeromemarshall8638
    @jeromemarshall8638 9 หลายเดือนก่อน

    This was a great video! I love creating win win win situations for my customers and affiliates. Helping creating power paydays for others feels awesome!

  • @thebusinessmindset
    @thebusinessmindset  3 ปีที่แล้ว +6

    More ideas and examples on how to increase value?

  • @hamzahbadru9420
    @hamzahbadru9420 2 ปีที่แล้ว +4

    Great stuff, sir. Thanks for passing on much value.

  • @DublinDapper
    @DublinDapper 2 ปีที่แล้ว +1

    Great video, thank you

  • @aniruthnimiwattana5844
    @aniruthnimiwattana5844 2 ปีที่แล้ว +2

    Great video, Travis! Thank you for the clear explanation on this very difficult topic for me. Now, I'm all good to go!

  • @malengamachel7957
    @malengamachel7957 2 ปีที่แล้ว

    GREAT video. Nice, clear objective and simple!!!

    • @thebusinessmindset
      @thebusinessmindset  2 ปีที่แล้ว

      Glad you enjoyed it and thanks for the kind comment!

  • @Angela-tb1yw
    @Angela-tb1yw ปีที่แล้ว

    This video was great! Thanks!

  • @tatendagkachasu4337
    @tatendagkachasu4337 7 หลายเดือนก่อน

    This guy woww🔥🔥🔥

  • @kalifahestad5404
    @kalifahestad5404 ปีที่แล้ว

    REWIND AND LISTEN TO THIS GUY..HE KNOWS WHATSSUP !!!

    • @thebusinessmindset
      @thebusinessmindset  ปีที่แล้ว

      Thank you for such a nice comment. Enjoy your day!

  • @sinyandanso9552
    @sinyandanso9552 2 ปีที่แล้ว +1

    Good

  • @sandyj342
    @sandyj342 ปีที่แล้ว +1

    You have just added a huge value by explaining this difficult topic!

  • @bobgolden939
    @bobgolden939 2 ปีที่แล้ว +3

    Please don't forget that price matters and is a form of value. If you have a customer who has a price point for whatever reason then you'd better be able to deliver value at that price. You cannot force upward pricing when it is the wrong objective for your customer. An example is milk. If your customer doesn't value organic and gluten free and non GMO logos all over their milk - at twice the price - then you'd better be ready to sell them plain simple milk they can afford and do it at a profit.

    • @thebusinessmindset
      @thebusinessmindset  2 ปีที่แล้ว +1

      Yes price will always be a value point. Referring to milk, it is why there are a variety of options to meet the value need of different customers.

  • @eyalyatzkan3098
    @eyalyatzkan3098 ปีที่แล้ว +1

    great video! what examples of why is there for a company? in the end of the day we work for selfish reasons, we want money to better our life, and the feeling of achievement and satisfaction. is the why that the customer wants us to have is the value that we offer him? that our drive will be to help him and other people? although it is also clear that the purpose of a business is money to live?

    • @thebusinessmindset
      @thebusinessmindset  ปีที่แล้ว

      Thanks for the comment. You are correct, at a basic level we work for our own basic needs and wants. However, after our needs are met, we want to make a difference in the work we do. If a company has a higher purpose everyone believes in, such as striving to improve daily life for individual customers, the passion and dedication can improve products and services adding "value" in the eyes of the customer. The cost of acquiring new customers is much higher than taking care of existing customers. Businesses should be focusing on creating a fan base that can generate referrals instead of cold customer leads who might not me a match for the business.

    • @eyalyatzkan3098
      @eyalyatzkan3098 ปีที่แล้ว

      @@thebusinessmindsetthank you for the response! Got it, it is true when you love doing your job. Also the mindset of helping others is one of the keys of happiness so it is a win win

  • @Trilzo
    @Trilzo 6 หลายเดือนก่อน

    👨🏾‍💼

  • @edwarddylan601
    @edwarddylan601 3 ปีที่แล้ว +2

    Everything is worth what its purchaser will pay for it

  • @powelagnesbaden6583
    @powelagnesbaden6583 3 ปีที่แล้ว +1

    More than half of Americans have scrapped a planned purchase or transaction because of bad service.

    • @thebusinessmindset
      @thebusinessmindset  3 ปีที่แล้ว

      No doubt. We need to always be thinking from a customers perspective.