
Pricing & Value & Proven Ways to Increase Both Fast [Business, mindset, entrepreneur, disruptors]
Disruptors
00:00
Why You Shouldn't Increase Your Price Ceiling
Many people resist increasing prices citing that their market as a price ceiling. You have three clear choices if you feel your niche is commoditized: disrupt it, create a breakaway higher priced brand or get into a new niche. The iPhone came along disrupted the niche gave more value and changed the perception of how much you'll pay for a phone completely. If you give 500 pound to a rich person they could turn it into a million but who says an industry can't be disrupted?
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