I must admit; I never saw this one coming.
A December 6, 2010 Bloomberg Businessweek article, Wal-Mart Says It’s Cooperating With China Government on Prices http://tinyurl.com/28sxlnp, shows another way that a low-price strategy can bite you.
Check your internal compass…
…it’s more reliable than you think.
I don’t know a business owner/leader who hasn’t, at one time or another, felt adrift in the sea of change. It’s inevitable. Why? (more…)
Do you have the best price?
Are you sure?
I recently saw an ad that said “We offer the best…at the best price.” What does that mean? What is the best price? Did you mentally equate “best price” with “lowest price?” This lack of clarity can create customer disappointment and a lot of ill will. Let’s see how.
In order to do good…
…you have to do well.
I recently had the good fortune to speak to a group of entrepreneurs affiliated with the Center for the Advancement of African-American Business. A number of the members had created 501(c)(3) not-for-profit organizations in addition to their for-profit businesses. (more…)
What is it?
How to price innovation.
On September 1, 2010 Bloomberg BusinessWeek reported Panasonic’s claim that Samsung started a price war for 3-D TVs. (more…)
Invaluable Leader fans - Invaluable Leader Treasury
Mailing address:
2412 Oakmont Ct.
High Ridge, MO 63049
There are many commodity products, but few commodity businesses.
Don't accept commodity prices. Let me help you BREAK the bonds of industry pricing and command higher prices - regardless of what your competitors or the economy are doing.
Call me at:314-707-3771
Blog post search
Pricing for Profit gained international acclaim with its initial release in 7 countries - U.S., Canada, U.K., France, Germany, Italy and the Netherlands.
Chinese translation coming soon!