Tag: pricing

When “Free” Doesn’t Work: Anderson made me mad. Godin didn’t.

When “Free” Doesn’t Work: Anderson made me mad. Godin didn’t.

Marketing folks understand the importance of expectation setting.  Marketing text books are filled with cautionary tales of companies that promised more than they could deliver and were punished by customers for it.  “Under-promise and over-deliver” is a worn out phrase around my office. Let’s take the matter of pricing for example.  If your customer expects [...]

July 31, 2009 | 9 Comments More
The Risks of a Low Cost Provider Strategy, Even in a Recession

The Risks of a Low Cost Provider Strategy, Even in a Recession

We’re in the middle of a recession and suddenly all of the smaller companies I’m talking to are concerned about whether or not they should be dropping their prices.  The thinking is that in times of tighter budgets, the lowest cost provider has a market advantage.  Is that really true?  And if it is, are [...]

January 4, 2009 | 3 Comments More