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Stop Discounting Your Products and Services

I am on sabbatical this month, so I am re-sharing content I’ve posted elsewhere on the internet. I hope you enjoy it!

๐Ÿค‘ Discounting the Price of Your Product or Service?

Here are 3 important considerations: ๐Ÿ‘‡

  1. When you offer a discount right away, you signal that you don’t believe your original price ๐Ÿšซ
  2. Offering discounts attracts coupon-cutting clients; they tend to complain more frequently, require more assistance, and produce higher churn ๐Ÿ“‰
  3. Offering discounts to new buyers alienates existing customers ๐Ÿ˜ก

๐Ÿ’ก TAKEAWAY: Stop discounting your products and services. Instead, charge what you’re worth, be confident in your value, and target customers who accept your pricing

Shared initially on Typefully.


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