• Home
  • Media
  • Videos
  • What You Get
  • What Others Say
  • Mission
  • Calendar
  • Resources
  • Links
  • Bio
« Walmart: A Victim of Its Strategy «
» Pricing vs. Policy »

The Wrong Hero

Marketing messages must be great stories…

…about the true hero.


Break the bonds of industry pricing!
Get compensated well for the value you provide.

I wish I could remember the source of this elegant language for the person certainly deserves the credit for this incredible bit of wisdom.  I’m paraphrasing, but after reading a marketing piece, the individual said ‘that’s a great story, but it’s the wrong hero’.

The marketing piece had discussed the company, not its customers.  That’s why it was about “the wrong hero.”

If you want your marketing messages to translate into sales at premium prices, tell stories in which customers and prospects can experience the joy of your offerings – even if they haven’t tried them yet.

One of the fascinating aspects of the human mind is that we can experience emotions as vividly today as when we first experienced them.  Tie your offerings to an experience that everyone has had that elicits joy.

Remember, there are only three things that any of us sells – image, innovation and time-savings.  So when you’re selling image, help them experience the joy of having others admire and emulate them.

With innovation, make the story about the fun and excitement of playing with the latest, greatest toys or our childhood curiosity when everything was fascinating.

For time-savings, the story highlights the joy of spending more time with family and friends, traveling or just kicking back in a hammock on a beautiful spring day.  If you’re selling business to business and the time savings translates into greater revenue-generating capabilities, make the story about the joy of growing a successful business – one that’s the envy of their competitors.

It’s counter-intuitive, but the less said about your company and what you do, the greater the likelihood that your marketing messages will bring buyers through the doors.  More buyers, mores sales, at your price.  Now that’s an experience that’ll bring a smile to your face.

Discover how easy it is to command higher prices for your products and services, call me at 314-707-3771.

You can get Pricing for Profit online from Borders.com, BarnesandNoble.com and Amazon.com.

  • Share/Bookmark
  • Share/Bookmark

Tags: counter-intuitive pricing, price management, pricing for profit, pricing for profitability, pricing management, pricing mistakes, pricing strategies, pricing strategy, value pricing, value-based pricing

This entry was posted on Tuesday, May 4th, 2010 at 6:00 am and is filed under Marketing, Pricing, Sales. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

  • Sign up for weekly blog reminders and receive FREE -"10 Common Pricing Errors...and tips for avoiding them!"

    Email*
    First Name*
    Last Name*
    = *Required Field


    Furtwengler & Associates, P.C.

    Breaking the bonds of industry pricing!

    Media

    What You Get

    What Others Say

    My Mission

    Calendar

    Resources

    Links

    Dale Furtwengler

    RSS RSS LinkedIn Facebook

  • Dale Furtwengler

    Break the Bonds of Industry Pricing

    Get compensated well for the value you provide regardless of what your competitors or the economy are doing. Call me at:

    314-707-3771

    Pricing for Profit
    gained international acclaim with its initial release in 7 countries - the U.S., Canada, U.K., Italy, France, Germany and the Netherlands.

  • Available at:

    Borders.com
    Amazon.com BarnesandNoble.com
  • Past Entries
    • April 2010
    • March 2010
    • February 2010
    • January 2010
    • December 2009
    • November 2009

Pricing For Profit Book is proudly powered by WordPress and the Simplicity theme.
Entries (RSS) and Comments (RSS).