Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)  cover image

Alex Hormozi: The Value Equation, How To Make Offers So Good People Feel Stupid Saying No | Entrepreneurship | E199

Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)

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The Benefits of Increasing Your Pricing

The idea is that we still want to always give people a bargain, right? Everyone wants a bargain, but it doesn't mean cheap. So if I said, hey, here are the keys to my brand new Ferrari and you can have it for 50 grand, a lot of people would find a way to come up with 50 grand like thatIf they knew the car was worth 600. And so the idea is how can we make our service very clearly worth 600 and charge 50 rather than try and sell a crappy Honda for a little above market? That's where everybody messes up. They take a shitty product, they raise the price and then they get more upset customers.

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