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Competitive pricing strategy & pricing strategy examples
 
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Click here to discover how to drive sales to your products or services online with one simple formula: http://www.deytips.com/theformula Learn more about the formula here: https://www.youtube.com/watch?v=fGnsAwEB7OM --~-- For more business tips visit: http://www.deytips.com In this video I am speaking about competitive pricing strategy techniques as well as a few pricing strategy examples. Pricing is one of the 4 P's in the marketing mix and I am covering it as the first part of a video series which will delve a lot deeper into the marketing mix as a whole and how you can use the concept to help you take your business to the next level. Subscribe: http://www.deytips.com/subscribe Facebook: http://www.deytips.com/facebookpage Twitter: https://twitter.com/Deytips Pinterest: https://uk.pinterest.com/deytips/ Google plus: http://www.deytips.com/googleplus Udemy: https://www.udemy.com/u/sarmaddey/ LinkedIn: http://www.deytips.com/linkedin Share this video: https://youtu.be/lLCee_VDGZ0 Business email: [email protected] Sam Dey
Views: 3986 Sam Dey
Why Competitive Pricing is a Dumb Idea - How To Sell High-Ticket Products & Services Ep. 6
 
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Your competition does not set your price, you do. Watch the whole series on high-ticket sales here: https://www.youtube.com/playlist?list=PLEmTTOfet46PlgDZSSo-gxM8ahZ9RtNQE Surprise, surprise, the King of High-Ticket sales doesn't do market research and here is why you shouldn't neither. ★☆★BONUS FOR A LIMITED TIME★☆★ You can download Dan Lok's best-selling book F.U. Money for FREE: http://competitivepricing.danlok.link ★☆★ SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW ★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 Dan Lok, a.k.a. The King of High-Ticket Sales, is one of the highest-paid and most respected consultants in the luxury and “high-ticket” space. Dan is the creator of High-Ticket Millions Methodology™, the world's most advanced system for getting high-end clients and commanding high fees with no resistance. Dan is one of the rare keynote speakers and business consultants that actually owns a portfolio of highly profitable business ventures. Not only he is a two times Tedx opening speaker, he's also an international best-selling author of over 12 books and the host of Shoulders of Titans show. Dan's availability is extremely limited. As such, he's very selective and he is not cheap. But if you think you or your brand might benefit from one-on-one interaction with Dan, visit http://danlok.com ★☆★ WANT TO OWN DAN'S BOOKS? ★☆★ http://www.amazon.com/Dan-Lok/e/B002BLXW1K ★☆★ NEED SOLID ADVICE? ★☆★ Request a call with Dan: https://clarity.fm/danlok ★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★ Blog: http://www.danlok.com/blog/ Podcast: http://www.shouldersoftitans.com/ Facebook: https://www.facebook.com/danlokfan/ Twitter: https://twitter.com/danthemanlok Instagram: https://www.instagram.com/danlok/ YouTube: https://www.youtube.com/user/vanentrepreneurgroup Linkedin: https://www.linkedin.com/in/danlok Meetup: http://www.meetup.com/Vancouver-Entrepreneurs-Group-Business-Network/ Amazon: http://www.amazon.com/Dan-Lok/e/B002BLXW1K Keywords: big ticket sales, high ticket sales, high ticket selling, charge more money, increase prices, dan lok, preimum prices, luxury marketing expert, luxury selling, luxury sales, mastermind group, high level mastermind, high end clients, high end marketing, affluent clients, selling to affluent, affluent chinese, marketing to affluent, consultant, coach, consulting, coaching, speaking, speaker, lead generation, generate leads, professional services, coaching group, done for you service, high ticket sales funnel, closing sales, event marketing This video is about: Why Competitive Pricing is a Dumb Idea - How To Sell High-Ticket Products & Services Ep. 6 https://youtu.be/pT681MI18Xs https://youtu.be/pT681MI18Xs
Views: 63151 Dan Lok
Pricing Strategies - How to price a product
 
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http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! Help me caption & translate this video! http://www.amara.org/en/profiles/videos/Evan%20Carmichael/ Eduardo Orellana: "Hi +Evan Carmichael I have a question for you, what happens if you've found a product or service that people need and it is extremelly valuable but are having a hard time deciding how much to charge people for it? "
Views: 94796 Evan Carmichael
Marketing Mix: Pricing Strategies
 
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Review the basics of the price component of the marketing mix. This critical element of your marketing strategy can make or break your competitive position. Provided by Rasmussen College School of Business.Download the PowerPoint presentation at http://www.sophia.org/marketing-mix-pricing-basics-tutorial
Views: 234323 Soma Datta
Perfect Competition in the Short Run- Microeconomics 3.8
 
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In this video I explain how to draw and analyze a perfectly competitive market and firm...and you get to meet Mr. DARP. Makes sure that you can use the graph calculate total revenue, total cost, and profit. Thanks for watching. Please subscribe. If you need more help, check out my Ultimate Review Packet http://www.acdcecon.com/#!review-packet/czji Microeconomics Videos https://www.youtube.com/watch?v=swnoF533C_c Macroeconomics Videos https://www.youtube.com/watch?v=XnFv3d8qllI Watch Econmovies https://www.youtube.com/playlist?list=PL1oDmcs0xTD9Aig5cP8_R1gzq-mQHgcAH Follow me on Twitter https://twitter.com/acdcleadership
Views: 1090899 Jacob Clifford
How To Set More Profitable Prices - How To Sell High-Ticket Products & Services Ep. 10
 
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People pay for value not hours. Watch the whole powerful series here: https://www.youtube.com/playlist?list=PLEmTTOfet46PlgDZSSo-gxM8ahZ9RtNQE Remember: The bigger pain you solve, the more you can charge. ★☆★BONUS FOR A LIMITED TIME★☆★ You can download Dan Lok's best-selling book F.U. Money for FREE: http://setmoreprofitableprices.danlok.link ★☆★ SUBSCRIBE TO DAN'S YOUTUBE CHANNEL NOW ★☆★ https://www.youtube.com/user/vanentrepreneurgroup?sub_confirmation=1 Dan Lok, a.k.a. The King of High-Ticket Sales, is one of the highest-paid and most respected consultants in the luxury and “high-ticket” space. Dan is the creator of High-Ticket Millions Methodology™, the world's most advanced system for getting high-end clients and commanding high fees with no resistance. Dan is one of the rare keynote speakers and business consultants that actually owns a portfolio of highly profitable business ventures. Not only he is a two-times Tedx opening speaker, he's also an international best-selling author of over 12 books and the host of Shoulders of Titans show. Dan's availability is extremely limited. As such, he's very selective and he is not cheap. But if you think you or your brand might benefit from one-on-one interaction with Dan, visit http://danlok.com ★☆★ WANT TO OWN DAN'S BOOKS? ★☆★ http://www.amazon.com/Dan-Lok/e/B002BLXW1K ★☆★ NEED SOLID ADVICE? ★☆★ Request a call with Dan: https://clarity.fm/danlok ★☆★ CONNECT WITH DAN ON SOCIAL MEDIA ★☆★ Blog: http://www.danlok.com/blog/ Podcast: http://www.shouldersoftitans.com/ Facebook: https://www.facebook.com/danlokfan/ Twitter: https://twitter.com/danthemanlok Instagram: https://www.instagram.com/danlok/ YouTube: https://www.youtube.com/user/vanentrepreneurgroup Linkedin: https://www.linkedin.com/in/danlok Meetup: http://www.meetup.com/Vancouver-Entrepreneurs-Group-Business-Network/ Amazon: http://www.amazon.com/Dan-Lok/e/B002BLXW1K Keywords: big ticket sales, high ticket sales, high ticket selling, charge more money, increase prices, dan lok, preimum prices, luxury marketing expert, luxury selling, luxury sales, mastermind group, high level mastermind, high end clients, high end marketing, affluent clients, selling to affluent, affluent chinese, marketing to affluent, consultant, coach, consulting, coaching, speaking, speaker, lead generation, generate leads, professional services, coaching group, done for you service, high ticket sales funnel, closing sales, event marketing This video is about: How To Set More Profitable Prices - How To Sell High-Ticket Products & Services Ep. 10 https://youtu.be/1W8gwqgSF8k https://youtu.be/1W8gwqgSF8k
Views: 42723 Dan Lok
Competitive Pricing Strategy
 
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Pricing is 90% of your marketing. Having the right price is critical in your clients outcome. Watch this short video to uncover yet another simple strategy that'll help you make more money this year! Ready to align with a powerful coach to improve your results? Click the link to schedule your complimentary business assessment call. www.iconcoachingre.com #ICON
Views: 128 Marybella Kokoszka
Competitive pricing strategies
 
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Competitive pricing strategies (and there are four of them: a strategy for penetrating a market, a leaning curve strategy, a strategy where prices are used as signals, and a geography-based strategy) will be in the focus of this video. Which strategy fits your business the best? Let’s see.
Competitive Pricing
 
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Educational video from Palladium Alliance International, courtesy of Palladium Alliance International
Views: 219 bacilio
Retail Competitive Pricing: Avoid Pricing Pitfalls.
 
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Clear Demand, retail pricing strategy innovator, discusses dynamic competitive pricing in OmniChannel retail and how to avoid the pitfalls in price matching. http://cleardemand.com/product/competitive-pricing/
Views: 937 Clear Demand
Competitive Pricing Strategies.wmv
 
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Product and Customer Management 2011/2012 Católica-Lisbon Professor Rui de Carvalho Part 2 out of the 3 PCM Work #2
Views: 146 Manuel Rito
Pricing Analytics: Optimizing Price
 
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The “best” price for a product or service is one that maximizes profits, not necessarily the price that sells the most units. This presentation uses real-world examples to explore how Excel’s Solver functionality can be used to calculate the optimal price for any product or service. Downloadable slides are available from SlideShare at http://goo.gl/yGmGfq
Views: 52851 Michael Lamont
Competitive Strategies
 
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In this course, you will understand what distinguishes each of the five generic strategies and why some of these strategies work better in certain kinds of industry and competitive conditions than in others. A competitive strategy concerns the specifics of management’s game plan for competing successfully and securing a competitive advantage over rivals in the marketplace. It is important to understand what distinguishes each of the five generic strategies and why some of these strategies work better in certain kinds of industry and competitive conditions than in others. A low-cost leader’s basis for competitive advantage is lower overall costs than competitors’. Success in achieving a low-cost edge over rivals comes from eliminating and/or curbing “nonessential” activities and-or out managing rivals in performing essential activities. A low-cost provider strategy achieves lower overall costs than rivals and appealing to a broad spectrum of customers, usually by underpricing rivals. The essence of a broad differentiation strategy is to offer unique product or service attributes that a wide range of buyers find appealing and worth paying for. A low-cost provider strategy can always defeat a differentiation strategy when buyers are satisfied with a basic product and don’t think “extra” attributes are worth a higher price. The targeted segment, or niche, can be defined by geographic uniqueness or by special product attributes that appeal only to niche members. Niche strategies are focused closely on serving segment-specific or niche markets. Business strategy may alternatively be based on the process of product or service differentiation across a range of markets and market segments. Best-cost provider strategies are a hybrid of low-cost provider and differentiation strategies that aim at satisfying buyer expectations on key quality/features/performance/ service attributes and beating customer expectations on price. A company’s competitive strategy should be well matched to its internal situation and predicated on leveraging its collection of competitively valuable resources and competencies.
Views: 1071 Gregg Learning
Competitive Pricing (Pros & Cons)
 
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Competitive Pricing (Pros & Cons) #GcseBusiness #ALevelBusiness #BTECBusiness
Competitive intelligence I Pricing strategies I Pricing optimization
 
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Competitive intelligence I Pricing strategies I Pricing optimization Decreasing Prices with Dynamic Pricing. This is the most common thing that comes to mind when thinking of dynamic pricing, but it doesn’t have to mean a one way ticket to no-margin-ville. Strategic price decreases are helpful when an online retailer needs to clean out inventory for certain products or when a competitor cuts prices. This last one should be done with caution, though. That’s where dynamic pricing engines come in. Retailers know the price range they’re willing to sell an item for and engines that put safeguards like minimum and maximum price guards into place ensure that they’ll never present a price to a shopper that isn’t in the retailer’s best interest. The Case for Increasing Prices. The other side of the coin isn’t discussed as often, but its results are definitely desirable. While decreasing prices can help bump up sales and revenue, increasing prices can do wonders for retailers’ profit margins. From wanting to protect limited stock to capitalizing on surging demand for a certain product, the reasons behind increasing prices can vary. Some other optimal times for price increases are in the event that a competitor goes out of stock to capitalize on limited supply and when a retailer has a unique product. In this latter case, the price can increase until demand drops off slightly to determine the best price. Dynamic pricing is coming of age this year, and retailers are realizing that manually changing the prices on thousands to millions of SKUs won’t make the cut in such a competitive market. Retailers should consider adding a dynamic pricing strategy to their tool belt to stay competitive and profitable in such a crowded market. Competitive intelligence enables retailers to drive revenue and margin lift as well as improve price perception by executing pricing strategies on millions of products in real-time. Dynamic pricing is a pricing strategy in which businesses set flexible prices for products or services based on current market demands. Business are able to change prices based on algorithms that take into account competitor pricing, supply and demand, and other external factors in the market. Dynamic pricing is a common practice in several industries such as hospitality, travel, entertainment, and retail. Each industry takes a slightly different approach to repricing based on its needs and the demand for the product. A business can use a variety of pricing strategies when selling a product or service. The price can be set to maximize profitability for each unit sold or from the market overall. It can be used to defend an existing market from new entrants, to increase market share within a market or to enter a new market. Businesses may benefit from lowering or raising prices, depending on the needs and behaviors of customers and clients in the particular market. Finding the right pricing strategy is an important element in running a successful business. Pricing optimization engine, Price perception, Pricing Optimization engine, Dynamic price optimizer
Views: 696 MASTERCODEAV
Competitive Intelligence and Pricing
 
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Gathering competitive pricing information is a serious challenge in all industries, particularly so for those who serve B2B markets. This is because competitors' prices are an essential reference point for setting price for your own products. This webinar shares best practices for how companies collect, analyze, and make strategic decisions with competitive pricing intelligence. Learn how competitive pricing intelligence is getting more complicated, why typical data collection tools for pricing are not good enough, and how you can enhance your competitive pricing intelligence strategy.
Views: 1681 LeveragePoint
Competitive price intelligence tool for retailers
 
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Real-time view of competitors product, price and assortment for pricing intelligence. See more : http://www.vnpglobal.com or contact [email protected] You can turn competitive insights into big opportunities and increase your revenue. Assortment Intelligence : Analyze the competitive landscape by category, brand, or any other breakdown that fits your needs. Pricing Intelligence : Analyze the competitive landscape by product to see the price difference by percentage, actual for all of your competitors to helps you in develop the best competitive pricing strategy to win in the competiton
Views: 1801 PriceTree
3 Pricing Strategies Everyone Should Know
 
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Visit www.ground-glass.com for more information. Ground Glass is the wedding photography resource for breaking through barriers and finding real-world business information.
Views: 87391 Spencer Lum
Competitive Pricing for Etsy & Online Marketplaces // How to Price Your Work
 
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Figuring out how to price your product can be a tricky topic. In this video, I will show you how to price your work competitively for Etsy or other online marketplaces. How should you be pricing your artwork for blacksmith projects or other handcrafted items? In this video, we will be discussing how to price your artwork for forged items. If how to price your product has always been a tough subject for you, we hope this video will shine some light on the subject! Every artisan has different factors on how to price products, but there are some common threads on how to price your work. Of course, how to price handmade items will be more difficult than a common manufactured item where you could calculate exact costs and time going into a batch. An artists pricing strategy is a bit different though. Pricing strategies in marketing vary from artist to artist, but your prices will reflect several main factors... your cost, your time, and what the market will hold. Keeping these factors in mind will help you adjust your pricing for profit. This video is primarily to helps smiths with blacksmithing projects to sell figure out how much to charge. But these things apply to you, even if you aren't a blacksmith selling your art. I’ve come up with a resource eBook to help you price your forged items called the BLACKSMITH CHEAT SHEET [see the vid here- https://youtu.be/e5U_eobHx6s] or you can download the eBook for $10 from our website at http://www.blacksmithpdfs.com . I hope you enjoyed this video covering our pricing tips. Find more videos about business and Selling on Etsy in our playlist, "The Business of Blacksmithing": https://www.youtube.com/playlist?list=PLumdiZI5Q3f_a3gMGwI10wqcUoZVe6VWu Check out blacksmith resources at www.blacksmithpdfs.com . If you'd like to visit my youtube homepage, you can do so at www.youtube.com/c/christcenteredironworks. This video is a follow up to our video "Pricing Your Products" https://youtu.be/4K3Y8VMt2Zw.
Pricing methods: cost-plus pricing, competitive pricing, and value based pricing. Which is best?
 
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In today’s video we’re going to go over the three methods you can use to price your products: - The cost-based pricing method (also known as the cost plus pricing method), - The competitor pricing method, - And finally, the value pricing method. We will see each of these product pricing methods’ advantages and disadvantages, as well as in which circumstances it might make sense to use each of them. You can find a written version of this content here: https://www.pricingrules.com/price-setting-methodologies/
How to ensure competitive pricing
 
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Click here for more tutorials : http://bit.ly/2txPJib Check out our FREE webinars here : http://bit.ly/2eJ8lt7 Don't forget to join our Lazada Seller Community on Facebook : https://www.facebook.com/groups/LazadaPHSellerCommunity/ You are not a seller yet ? Sign up now to reach millions of customers : http://bit.ly/2tESvGC
Views: 6242 Lazada University
Competitive Pricing for Spare Parts
 
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In this webinar, Johan Östlin, Pricing Consultancy Manager at Syncron, elaborates on why competitive data is important to price optimization, and how to leverage competitive information to identify the best price for your products. Johan will also discuss what to do when competitive price data isn’t available or relevant for a particular item, including value-based pricing and simulation techniques.
Views: 546 Syncron
Revenue, Profits, and Price: Crash Course Economics #24
 
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How do companies make money? What are profits? Revenues? How are prices set? This week, Jacob and Adriene are talking business. Whether you're selling cars, pizza, or glow sticks, this video has pretty much all the information you need to run a business. Well, not really, but there's a lot of good stuff in here. *** Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 425034 CrashCourse
Competitive Analysis Framework | Understand the User | App Marketing | Udacity
 
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Learn with Udacity and Google in our FREE App Marketing course and check out the Tech Entrepreneur Nanodegree program! ►►► http://bit.ly/Tech-Entrepreneur-Nanodegree ◄◄◄ ----------------------------------------­--------------------------------------------------- Built in partnership with Google, this program mixes theory and practice to show students how to transform ideas into market-ready products. ----------------------------------------­--------------------------------------------------- App Marketing: Your First 1,000 Users & Beyond ----------------------------------------­--------------------------------------------------- ►►► http://bit.ly/App-Marketing-Course ◄◄◄ ----------------------------------------­--------------------------------------------------- ● What's in the course? Without customers, your business does not exist. Marketing helps you understand your potential user and focus your product on their needs. This course will help you organize a strategy of identifying your perfect user, find ways to connect with them and what you’ll say when you find them. This covers research, planning, execution and most importantly how to grow your user base. ● Why take this course? You’re going to come up with a plan to acquire users and grow! By the time you’re done, you will have a robust marketing plan, including a slide deck with a description of your value to your customers, how you stack up against competitors, who your target audience is, and to grow your customer base. ----------------------------------------­---------------------------------------------------- Course Syllabus; App Marketing Lesson 1: Understand the User Learn to define and create a targeted marketing plan for specific user segments. Analyze your competitive advantages and disadvantages through market segmentation and the five level of market competition and learn how to position your product. Conduct competitive analysis in order to create your unique value proposition. Lesson 2: Pre-launch Create marketing goals in order to focus your marketing plan. You’ll start thinking about your distribution plan and consider what keywords work best for your goals. You’ll also create the materials to help prepare you for launch and learn about your app listing page. Finally, you’ll learn about the beta-testing community, beta-testing groups, and prepare your landing pages. Lesson 3: Launch! Prepare, launch, execute, and gain your first users. You’ll outline a go-to-market strategy and gain the know-how to execute on it. You’ll learn SEO (search engine optimization) and ASO (app store optimization) skills as well as growth hacking tips to get your first 1000 users. Lesson 4: Customer Acquisition Learn about paid and free customer acquisition methods from AdWords, social marketing, email marketing and more. Lesson 5: Measurement Fundamentals Learn to use data to iterate and optimize your marketing plan. ----------------------------------------­--------------------------------------------------- ►►►http://bit.ly/App-Marketing-Course ◄◄◄ ----------------------------------------­--------------------------------------------------- Tech Entrepreneur Nanodegree Our Tech Entrepreneur Nanodegree program teaches you the skills you need to create your own revenue-generating app, and build a successful business around it. You’ll learn to succeed the Silicon Valley way! ----------------------------------------­---------------------------------------------------- ►►► http://bit.ly/Tech-Entrepreneur-Nanodegree ◄◄◄ ----------------------------------------­---------------------------------------------------- Udacity | Google | Tech Entrepreneur Nanodegree | App Marketing | Understand the User | Pre-Launch | Launch | Customer Acquisition | Measurement Fundamentals
Views: 27318 Udacity
Marketing Strategies - How to separate yourself in a price competitive market
 
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http://www.evancarmichael.com/support/ - SUPPORT ME :) Like this video? Please give it a thumbs up below and/or leave a comment - Thank you!!! Help me caption & translate this video! http://www.amara.org/en/profiles/videos/Evan%20Carmichael/ TrancedFury: " Hi Even, great video, and I as you, believe in the power of belief. I strive to bring that into my everyday to help separate me from the competition. I've run into a road block as of late. In my industry 2-Way Wireless (Wireless Technologies) it's extremely price driven and competitive, with multiple brands and ecommerce. Any tips on helping separate yourself in a price competitive market?" Help us caption & translate this video! http://amara.org/v/FN80/
Views: 30234 Evan Carmichael
Denver Fence Companies | Premiere Product with Competitive Pricing
 
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http://www.altitudefenceanddeck.com Denver fence company providing repair and installation, specializing in decks, sunrooms and fences, to include wrought iron, vinyl, cedar, split rail, and bamboo with an installation warranty for 5 years. Altitude Fence and Deck 2850 Vine St Denver, CO 80205 Phone: (303) 374-0819
Price Comparison Tool: Excel Template for Competitive Analysis
 
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Download here: http://www.someka.net/product/price-comparison-excel-template/ If you have some other competitors in the market in the same industry with you (which is mostly the case) then you need to know the price positioning of your products according to the other products in the market. Price comparison is the number one tool to make a quick competition analysis. Define your segments, brands, input the prices and you are ready to go! A quick analysis tool for competitive intelligence. - Weighted average calculation for average figures - Complex algorithm behind for most accurate results - Pivot tables and Charts - Cool Design - Full Print Ready - Compatible with Excel 2010 and later
Competitive Pricing Essential for Global Ecommerce
 
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The tendency of global online sellers to use taglines like ‘best price’ (for powerful marketing) while selling products on international online marketplaces requires a constant evaluation of their own price offerings against price offerings by closest competitors. This is where the concept of ‘Competitive Pricing’ comes into play. Competitive pricing is fixing the price of a product based on the prices competitors are charging; this pricing strategy is used when a particular product has reached a level of equilibrium on a respective marketplace after being present for a long time and having many alternate products on the marketplace.
Views: 2 Nikitha Kaur
Competitive Pricing and Value Analysis
 
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Our Competitive Value and Pricing Analysis Tool will help you determine your market position with regard to value, price and market share. Once you have selected and defined your value drivers, score your product/service against your competitors and use the positioning map to identify and analyze your position in the market.
Views: 2903 Demand Metric
How To Sell To a Competitive Market?
 
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Any service business is going to have a bunch of competition because it's very easy to say that you do services. How are you different from your competitors? How can you be better than your competition? How to answer these questions? This is a straightforward guide to dealing with competition and the takeaways you can use when trying to sell into an ultra competitive market. #1 Make a list of competitors that come up often 1:01 Your sales guys have to know the difference between you and those firms. Train your sales guys and train yourself on the biggest differences between you and those firms. Come up with as many competitors as you can and the tools that let customers do what you do themselves. #2 Buy or demo competitor products 2:43 If you're in mobile app development pretend to have a mobile app and go talk to a sales guy from your competitors firm. What if after all this research - you realize everyone does it better than you? #3 Improve your product 3:18 3.1 Taking the time to figure out what you can add to get customers more interested Take the time to talk to your customers about why they weren't buying. Also talk to the customers that did buy about what value you could deliver to them outside of that. Then you pivot. 3.2 Find a new market that hasn't heard of you Niche marketing. Should you move from marketing for everyone to marketing for a specific type of business? -------------- Support this channel: https://www.patreon.com/alexberman SUBSCRIBE for more videos like this: http://youtube.com/alxberman?sub_confirmation=1 Need lead generation or marketing support for your agency? Check out http://experiment27.co . /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: https://experiment27.lpages.co/discovery-call-structure-and-questions/ Free Sales Courses: https://experiment27.teachable.com/ __ /// MORE FROM ALEX Subscribe for more videos: http://youtube.com/alxberman The Alex Berman Podcast: https://itunes.apple.com/hr/podcast/digital-agency-marketing-1/id1200614219 __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Book a one on one with Alex: http://experiment27.com/consult __ /// BUSINESS INQUIRIES: For sponsorships you can reach me at: [email protected] __ /// R E S O U R C E S Get the sales and service agreement we use to close business (free client contract template) [$1,000 value]: http://bit.ly/2mpyFLs Get the actual questions we use to qualify clients on the first call: http://bit.ly/2vqZCyK Get the proposal template you can use to sell 5 and 6 figure deals: http://bit.ly/2NqiPJw Free Sales Courses: https://experiment27.teachable.com/ __ /// WORK WITH ALEX More enterprise clients for your agency: http://experiment27.com Turn your book into a documentary: https://loreliapictures.com/ Work one-on-one with Alex: http://experiment27.com/consulting __ /// SHIRTS & HOODIES http://wohello.com __ /// MORE FROM ALEX Subscribe for more content like this: https://www.youtube.com/user/alxberman?sub_confirmation=1 The Alex Berman Podcast: iTunes: https://itunes.apple.com/us/podcast/the-alex-berman-podcast/id1200614219?mt=2 Spotify: https://open.spotify.com/show/6fnAZkjzRhtPYvsZkcMmjK?si=7gwE0NuPSqSMFpGM9MskGg __ /// BUSINESS INQUIRIES: For sponsorships you can reach us at: [email protected]
Views: 1902 Alex Berman
Quality products at competitive prices
 
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Quality, safe products at competitive prices
Views: 645 Fabian Jara
Introduction Bulk Office stationery supplies online in competitive price at officio
 
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Bulk office stationery supplies in Delhi, Noida, Gurgaon and Ghaziabad. Officio provide all products at wholesale and retail price both. We are focused to provide the best shopping experience to our customers by offering vast range of branded products and committed to quick and efficient after sales service in spite of keeping our prices very competitive.
Views: 186 Officio Thave
Competitive Pricing - Competitive Priorities and Customer Relationship Management
 
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This video is about competitive pricing and cost-effectiveness analysis for laser-cutting and press brake bending. Issues such as tolerances, raw materials, material thickness, and customer relationship management are discussed to improve the competitive priorities for manufacturing engineering. ABOUT PRECISION CUT INDUSTRIES (PCI) Precision Cut Industries is a laser cutting, metal bending and welding manufacturing business based in Hanover, PA. Precision Cut Industries is a full service contract manufacturer, servicing the metal industry for over 15 years. Their diversification ranges from flat laser cut parts to fully assembled products. Focus industries include agricultural, automotive, construction, renewable energy and food and beverage. To find out more, please visit http://pcilasercut.com/ KEYWORDS: Competitive Pricing Competitive Priorities Raw Material Material Thickness Welding Tolerances Tolerances in autocad Tolerances softworks Partner relationship Customer relationship Customer relationship management Customer relationship management system Customer relationship management example Manufacturing Engineering Manufacturing Engineering Product information management Cost-effectiveness Cost-effectiveness analysis Laser cutting Press brake bending YouTube URL: http://youtu.be/aaCTWyGL534
Michael Porter Competitive Strategies | Cost Accounting | CPA Exam BEC | CMA Exam
 
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Webiste: www.farhatlectures.com Like us on Facebook: https://www.facebook.com/accountinglectures Visit the website where you can search using a specific term: http://www.farhatlectures.org/ Connect with Linked In: https://www.linkedin.com/in/mansour-farhat-cpa-cia-cfe-macc-2453423a/ In developing a sustainable competitive position, each firm purposefully or as a result of market forces arrives at one of the two competitive strategies: cost leadership or differentiation.3 Cost Leadership Cost leadership is a competitive strategy in which a firm outperforms competitors in produc- ing products or services at the lowest cost. The cost leader makes sustainable profits at lower prices, thereby limiting the growth of competition in the industry through its success at reduc- ing price and undermining the profitability of competitors, which must meet the firm’s low price. The cost leader normally has a relatively large market share and tends to avoid niche or segment markets by using the price advantage to attract a large portion of the broad market. The differentiation strategy is implemented by creating a product or service that is unique in some important way, usually in regard to higher quality, better customer service, improved product features, or some type of innovation. Sometimes a differentiation strategy is called product leadership to refer to the innovation and features in the product. In other cases, the strategy might be called a customer-focused or customer-solution strategy, to indicate that the organization succeeds on some dimension(s) of customer service. This perception allows the firm to charge higher prices and outperform the competition in profits without reduc- ing costs significantly. Many industries, including consumer electronics and clothing, have differentiated firms. The appeal of differentiation is especially strong for product lines for which the perception of quality and image is important, as in cosmetics, jewelry, and automo- biles. Tiffany, Bentley, Rolex, Whirlpool, and BMW are good examples of firms that have a differentiation strategy.
How To Sell Competitive Products On Amazon 2018
 
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Views: 1060 Jonny Bradley
Competitive Pricing Analysis for Retailers, Brands and Manufacturers
 
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netRivals is a powerful Price Intelligence software for Competitive Pricing Analysis, Price Monitoring & Dynamic Pricing intended for Retailers, Brands and Manufacturers in the marketplace willing to improve their business performance and revenue.
Views: 1110 netRivals
What Is Your Competitive Advantage? 8 Brand Differentiation Strategies
 
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Knowing and leveraging your competitive advantage is the cornerstone of any successful business. Here are 8 key strategies to use to differentiate your business from the pack. Whether it’s technology, product quality, or data, you have to know what you are going to focus on owning to win in your category. —————————————————————————————— Philip VanDusen is the founder of Verhaal Brand Design, a strategic design and branding consultancy in the New York City metro area. He is an accomplished creative executive and expert in strategic branding, graphic design and creative management. Philip gives design, branding, marketing and business advice to creative professionals and entrepreneurs on building successful creative practices and brands. —————————————————————————————— MY WEBSITE: http://www.philipvandusen.com JOIN THE BRAND•MUSE NEWSLETTER: http://www.philipvandusen.com/muse FREE MINI-EBOOK DOWNLOAD: “9 Design Elements Your Brand Absolutely, Positively Needs” http://www.philipvandusen.com/direct-optin FOLLOW ME ON TWITTER: https://twitter.com/philipvandusen SUBSCRIBE TO MY YOUTUBE CHANNEL: http://www.youtube.com/c/PhilipVanDusen FOLLOW ME ON PINTEREST: https://www.pinterest.com/philipvandusen/ LIKE ME ON FACEBOOK: https://www.facebook.com/Verhaal-Brand-Design-115957185470571/ GET TUBEBUDDY - THE BEST TOOL FOR YOUTUBERS: https://www.tubebuddy.com/philipvandusen RECOMMENDED BOOKS TO HELP YOU BUILD YOUR BRAND AND CREATIVE PRACTICE: "Imagine: How Creativity Works", Jonah Lehrer http://amzn.to/2mJpQe9 “Free Agent Nation” by Daniel Pink http://amzn.to/2mWlbpR “Orbiting the Giant Hairball” by Gordon MacKenzie http://amzn.to/2noTnIL “Rules of the Red Rubber Ball: Find and Sustain Your Life’s Work” by Kevin Carroll http://amzn.to/2moisCu “Change By Design”, by Tim Brown http://amzn.to/2uaXYjX “Good Design Is A Tough Job” by Kirsten Dietz, Jochen Rädeker http://amzn.to/2CAIH0r “The Art of Innovation” by Tom Kelley http://amzn.to/2wtAevL “The Edge: 50 Tips from Brands That Lead” by Allen Adamson http://amzn.to/2Ef6fse “Art + Design” by Rex Ray http://amzn.to/2yLMRRT “Crush It” by Gary Vayerchuk http://amzn.to/2eYdfPO “Expert Secrets” by Russel Brunson http://amzn.to/2zEDOBT “See You at the Top” by Zig Ziglar http://amzn.to/2hBcdhw “Flow: The Psychology of Optimal Experience” by Mihaly Csikszentmihalyi http://amzn.to/2BhBEK MY EQUIPMENT + TOOLS: Canon EOS 80D DLSR Camera: http://amzn.to/2nn4y4q Canon EOS 80D 18-55mm kit lens: http://amzn.to/2mnAAws Canon EOS 80D Yongnuo 35mm lens: http://amzn.to/2nniETh RODE NT2000 Condenser Mic: http://amzn.to/2mFoNvG ART Tube MP: Tube Mic PreAmp: http://amzn.to/2mFoVeE Mackie HR824 Studio Monitors: http://amzn.to/2nxQNz3 Sony MDR 7506 Headphones: http://amzn.to/2mFpsxa Screenflow: video editing software: http://amzn.to/2nxFLK3 Neewer 2 Packs Dimmable Bi-color 480 LED Video Light http://amzn.to/2Cz8INK Logitech HD Pro Webcam C920: http://amzn.to/2nmX4hZ Rode smartLav+ Lavalier Microphone: http://amzn.to/2n2xL7B OWC ThunderBay 4 0GB 4-Bay HD Enclosure: http://amzn.to/2npj7Va Toshiba 3.5-Inch 2TB 7200 RPM HD (x4): http://amzn.to/2mnWZtm HP 27er 27-in IPS LED Backlit Monitor http://amzn.to/2w29u1S Anker 2.4G Wireless Vertical Ergonomic Optical Mouse http://amzn.to/2iZHKts TubeBuddy: https://www.tubebuddy.com/philipvandusen Adobe Creative Suite (2017 CC) Native Instruments Komplete Audio 6: USB Audio Interface *We are a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for us to earn fees by linking to Amazon.com and affiliated sites.
Views: 4126 Philip VanDusen
4 Key Factors of Competitive Price & Product Intelligence | Ask360pi
 
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In the first of our Ask360pi vlog series, we share four key factors to be mindful of when you are using competitive pricing and product intelligence, including signs that your data quality is undermining your retail strategy. White Paper: The Cost Of Poor Price And Product Intelligence http://discover.360pi.com/acton/media/9666/the-cost-of-poor-ppi Follow us! Facebook - https://www.facebook.com/360pi Twitter - https://twitter.com/360pi LinkedIn - https://www.linkedin.com/company/360pi
Views: 104 360pi
The Truth About Aldi's Really Low Prices
 
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If you're new, Subscribe! → http://bit.ly/Subscribe-to-Mashed If you've ever shopped at Aldi, you know they save you money. Lots of money. Their legions of fans will attest to the fact that they're not selling cheap, inferior products — so how do they get those prices so low? It turns out there are a ton of ways Aldi got creative with cutting costs so they can pass those savings on to you. Let's break down how they really do it… Prime time | 0:20 Taking the air out | 0:54 Help us out | 1:28 They spend extra upfront | 1:58 Just the essentials | 2:33 Private label | 3:31 Produce and perishables | 3:58 Just in time, just enough | 4:39 Stocking shelves the easy way | 5:17 Do you work here? | 5:54 Energy efficiency | 6:42 BYO Bag | 7:16 Read more here → http://www.mashed.com/91780/aldi-gets-prices-low/ Website → http://www.mashed.com/ Like us → https://www.facebook.com/MashedFood/ Instagram → https://www.instagram.com/mashedfood/ Pinterest → https://www.pinterest.com/mashedfood/ Mashed is the ultimate destination for food lovers. Whether you're just learning how to cook or ready to take your kitchen skills to the next level, Mashed has all the tips and tricks you'll ever need to be a chef… Or at least enough hacks to help you fake it til you make it. We’ve got your back at every step, from grocery shopping smarts to serving a perfectly prepared dish. Would you rather eat out than whip it up yourself? Mashed has all the info you’ll need for that, too — from the best and worst foods to order at your favorite restaurants, to what today’s most popular chefs really have up their sleeves. No matter what kind of foodie you are, Mashed has your recipe for success.
Views: 2913980 Mashed
Game Theory and Oligopoly: Crash Course Economics #26
 
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Would you like to play a game, Dr. Falken? Actually, this episode isn't really about games, or Matthew Broderick, or Thermonuclear War. But enough with the long references to 1983's best movie, War Games. Today Jacob and Adriene are going to teach you about Oligopolies, which are kind of like the monopolies that we talked about last week, except with more companies involved. Then we'll get to the games, or rather, the game theory. Which is all about how companies try to compete with each other in the real world. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Mark, Eric Kitchen, Jessica Wode, Jeffrey Thompson, Steve Marshall, Moritz Schmidt, Robert Kunz, Tim Curwick, Jason A Saslow, SR Foxley, Elliot Beter, Jacob Ash, Christian, Jan Schmid, Jirat, Christy Huddleston, Daniel Baulig, Chris Peters, Anna-Ester Volozh, Ian Dundore, Caleb Weeks -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 718706 CrashCourse
Best Quality Sportswear with competitive Price.
 
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We have best quality products and selling PAN India. For orders Call us # +918010360503, +919309443067. Visit # www.hpssports.in We have online products on Flipkart, Snapdeal, Amazon, India Mart, Kraftly. We also make the orders for Sports clubs.
Views: 9007 Devender Saini
How to Conduct a Competitive Analysis | Part 1
 
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Looking for more information? Check out our blog! https://www.campaigncreators.com/blog/competitive-analysis-what-you-need-to-know-and-where-to-find-it This is Part 1 of our competitive analysis, make sure to watch Part 2: https://www.youtube.com/watch?v=BaTLpnUbetw An in-depth competitive analysis is crucial to achieve and maintain a competitive advantage in reaching and selling to your target market. [VIDEO SUMMARY] PREPARING TO CONDUCT YOUR ANALYSIS WHO SHOULD I CONSIDER AS COMPETITORS ? 00:29 Any business marketing a product similar to your own product in the same geographic area is a direct competitor. Firms offering dissimilar products in relation to your product are considered indirect competitors. WHAT DO I NEED TO KNOW? 02:06 1. Regarding Competitors ・What is the full range of products and services they offer? ・Are their products or services aimed at satisfying similar target markets? 2. Regarding my company in comparison to competitors ・Do they have a competitive advantage; if so, what is it? ・How can I distinguish my company from my competitors? WHERE DO I FIND COMPETITOR INFORMATION? 03:31 ・Advertising. ・Sales brochures ・Articles in newspapers and magazines (online or print) ・Product reviews ・Reference Books and Databases ・Government sources such as the Quarterly Financial Report for Manufacturing, Mining ・State agency publications such as industry directories, and statistics on local industry ・Commercial data sources such as the Dun & Bradstreet Million Dollar Database directory and the Ward’s Business Directory of U.S. Private and Public Companies. ・Annual Reports. ・Your Sales Staff probably has more access to competitive information than anyone else ・Your Business Network. OK, let’s take a look at our video and gain the knowledge about competitive analysis! Not sure who your target market is - get your free guide to developing buyer personas right now: https://www.campaigncreators.com/lead-gen-tofu-persona-workbook
Views: 9526 Campaign Creators
OfficeSalesUSA.com, for Competitive Pricing on Office Furniture
 
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http://www.officesalesusa.com/. OfficeSalesUSA provides competitive pricing on office furniture & business supplies along with a fast & friendly service. The company takes pride in the loyalty of its customers, many of whom have been with it for decades. For festive season Christmas/Holiday Cards are stocked up too. A customer gets value with every order with the Rewards Program, which allows earning of reward credits for every order placed.
Views: 13654 Haydee Farren
[21/24] Pricing 1/2: Cost based pricing and Competitive pricing
 
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Part 1 of the pricing module. This covers the simpler strategy of 2 cost-based pricing and the practical competitive pricing strategy. A candidate should think of everyday objects around them and think of a pricing strategy for them to get higher clarity of the ideas. Part of the workshop deck delivered at Ashoka University. Do check out other videos and follow the channel for more explanations and examples.
Views: 473 Aaditya Agarwal
3 Minute Product Manager: Competitive Analysis
 
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An introduction to competitive analysis for product managers.
Pricing - Stanford Strategic Marketing of High Tech and Clean Tech
 
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Stanford CSP BUS47 - "Strategic Marketing of High Tech and Clean Tech" Spring 2012 Instructor: Tony Seba Pricing Strategy Tony Seba, author of 'Winners Take All - 9 Fundamental Rules of High Tech Strategy" teaches pricing strategy. What is a product worth? What is value? What are the sources of value? What is Economic Value to the Customer (EVC)? How does pricing change throughout the technology adoption lifecycle? More information: http://www.tonyseba.com
Views: 12880 Tony Seba
Ch 05 - Competitive Pricing - Marketing
 
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http://www.marketplacebelievers.org for more information! Connecting with one another in a mutually productive relationship, we will encourage and support each-other as we follow through on the call God has placed on our lives in the business community. Applying lessons we have learned from years int hes business arena, as well as from the Bible, we will teach, train, and mentor one another through the highs and lows, the Dos and Donts of business in a way that is both pleasing and profitable to God and man. Using workshops, guest speakers, one on one advice sessions, and all forms of multimedia we will keep business owners focused, empowered, and motivated to continually rise to the next level as they fulfill the call of God and minister to the needs of man.
Views: 426 LenanLearningCenter