Hi guys, Welcome to the Advanced Video Search Engine, and you are watching How To Survive In A Price War - Business Strategies For Winning. That video is uploaded by SoTellUs at 2022-10-11T04:30:05-07:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [9-QodeXpQdQ]
| Name | How To Survive In A Price War - Business Strategies For Winning |
| Video Uploader | Video From SoTellUs |
| Upload Date | This Video Uploaded At 11-10-2022 11:30:05 |
| Video Discription | In today's economy, businesses need to be smart about their pricing in order to stay afloat. With inflation on the rise and discretionary income falling, people are increasingly looking for cheaper options. This means that businesses need to be strategic in how they price their goods and services. One way to do this is to understand the psychology of price shoppers. Studies have shown that people are more likely to purchase something if it is priced at a "round number" like $10 or $20, rather than an odd number like $11 or $19. This is because our brains perceive round numbers as being "simpler" and thus more appealing. Therefore, businesses should try to price their products at round numbers whenever possible. Another tactic businesses can use is to offer discounts and coupons. This is because people are attracted to deals and savings, even if the product itself isn't necessarily cheaper than its competitors. By offering discounts and coupons, businesses can make their products more appealing to price-conscious consumers. Finally, businesses should also focus on providing excellent customer service. In today's economy, people are not only looking for cheap prices, but also for good value. By offering outstanding customer service, businesses can ensure that their customers will keep coming back, even when times are tough. By using these strategies, businesses can increase their chances of success in today's challenging economy. If you like this video share it at: https://youtu.be/9-QodeXpQdQ #business #entrepreneur #success Check Us Out: https://www.sotellus.com SoTellUs Time focuses on helping entrepreneurs navigate business growth and looking for a business podcast. The hardest thing about business growth is knowing where to start. Every day we are bombarded with the latest and greatest business growth strategies. This is why "starting with why" is so important. We have been in business for 20 years and built several successful businesses and products. If you like this video you may also like: https://youtu.be/QksTmjudYd8 https://youtu.be/DIZoQO8PLjQ https://youtu.be/z1vYIfazTXc https://youtu.be/ukF_jGDsh7s https://youtu.be/H_USqJ77pbQ https://youtu.be/u9Zgzu1-NrI This video will benefit anyone searching for the following: how to grow my business | entrepreneur | business growth | start with why | business podcast | business basics | business marketing | business growth | how to grow a business | how to build a business | marketing | marketing 101 | business marketing strategies | marketing strategies | business courses | small business marketing | how to build a business 9-QodeXpQdQ |
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