2Bobs—with David C. Baker and Blair Enns

When Your Clients Talk to Each Other

11 snips
Mar 26, 2025
The podcast delves into the fascinating dynamics of client interactions, particularly how vertical positioning can foster communication. It discusses the challenges and perks of clients talking among themselves and the importance of tailoring pricing strategies based on perceived value. The conversation navigates the art of effective communication, especially in industries reliant on mutual referrals. Additionally, it tackles the effects of client comparisons on service expectations and proposes innovative strategies to enhance relationships and upend traditional communication flows.
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ADVICE

Pricing Strategy

  • Price the client, not the service, especially with specialized services.
  • Consider the client's value perception and tailor service bundles accordingly.
INSIGHT

Client-Centric Pricing

  • Not all clients value the same things; pricing should reflect this.
  • Customized services allow for varied pricing based on client needs and value.
ANECDOTE

The Airline Analogy

  • Airline ticket pricing demonstrates how varied bundles of services justify price differences.
  • Clients, like airline passengers, purchase different value bundles, justifying varied pricing.
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