If you are a small brand or a small business, there are a few crucial things you must do.
One, define
your ultimate customer. You have heard of the term – your target market. Do not
be afraid to make this a well-defined small market. You can worry about the
mass later. For now, you need the right footing, and a well-defined market means you can
focus on delivering value to them wholeheartedly.
Two, create a
differentiation. That differentiation should not be on low pricing of your
service or product because it’s a differentiation that is easily copied and it
eats into your profitability.
Three, look to
price higher so you can make a decent profit. Think about the value you are
delivering and price it from there. Don’t just look at direct competitors but
look at similar products that delivers the same benefits. How do they price?
Does it scare you?
Let us help. Call us now at +60378901079 or visit us at roar-point.com
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