How Do You Convert a Customer’s Perception of Value into a Price

Value is the most important factor in any sale. Customers who perceive your product as valuable are much more likely to buy it, regardless of the price. Conversely, if a customer does not perceive your product as valuable, they will not buy it, no matter how cheap. So, how do you convert a customer’s perception Read More …

Customer Value is a Two-Fold Process

In today’s business environment, it is more important than ever to create value for the customer and create valuable customers for the organization. Creating value for the customer means understanding what the customer wants and needs and delivering products or services that exceed those expectations. It also means developing a relationship of trust and respect Read More …

The Power of Positioning: Why It Matters for Businesses

In business, the term “positioning” refers to creating a unique and differentiated image for a product or company in the minds of target consumers. Positioning is often one of the most important elements of a company’s marketing strategy. It can shape consumer perceptions in a way favorable to the company’s goals and objectives. There are Read More …

What is My Customer’s North Star?

You should always ask yourself, “What is my customer’s North Star?” and “What trends are happening in my customer’s industry that I should be aware of?” Your customer’s North Star is what your customer is striving for, and their trends are the things happening in their industry that will help them get there. Knowing your Read More …

Example of Action Learning in Market Research

Action learning can be used in market research to help identify opportunities and optimize strategies. It can help market researchers produce new ideas and insights by bringing together a group of experts to brainstorm and share their knowledge. Benefits of using Action Learning: Organizations across the globe are under constant pressure to turn data into Read More …

How A Small Business Mentor Program Can Help

Mentoring For Success: How A Small Business Mentor Program Can Help You Achieve Your Goals A small business mentor (marketing) program is a relationship between a successful business owner and a less experienced entrepreneur. The mentor provides guidance and advice to the mentee, with the goal of helping them achieve their business goals. Mentor programs Read More …