Impact Pricing

Memecast #25: Business is Getting Paid for Value


Listen Later

Business in its simplest form is getting paid for providing value to the customer.

It may be true that they're going to get the value. It may not be true that they're going to get the value, but they believe they're going to get the value.

And what we need to do is make sure we understand what our customers or our buyers are looking for. 

What does value mean?

“Business, in its simplest form, is getting paid for providing value to the customer.” - Mark Stiving

Typically, we could think of this as our buyers have a problem they need to solve, they have a result they're trying to achieve and aspiration thereafter.

The only reason that people buy a product from us or from anybody. If they perceive value.

If we can help our customers understand what our value is and the more they understand our value. The more likely they are to buy. And in fact, the more likely they are to pay us a higher price. 

Because when we think about business, business is really about us giving value to our customers, and in exchange, they give us money.

We hope you enjoyed this podcast. If you see have any questions or feedback please email me [email protected]

Now go make an impact.

Connect with Mark Stiving: 

 

...more
View all episodesView all episodes
Download on the App Store

Impact PricingBy Mark Stiving, Ph.D.

  • 4.8
  • 4.8
  • 4.8
  • 4.8
  • 4.8

4.8

50 ratings


More shows like Impact Pricing

View all
Economist Podcasts by The Economist

Economist Podcasts

4,278 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,034 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

519 Listeners

Built to Sell Radio by John Warrillow

Built to Sell Radio

208 Listeners

Odd Lots by Bloomberg

Odd Lots

1,784 Listeners

The Diary Of A CEO with Steven Bartlett by DOAC

The Diary Of A CEO with Steven Bartlett

7,087 Listeners

Worklife with Adam Grant by TED

Worklife with Adam Grant

9,189 Listeners

The Peter Attia Drive by Peter Attia, MD

The Peter Attia Drive

7,928 Listeners

Nudge by Phill Agnew

Nudge

170 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,397 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,189 Listeners

A Bit of Optimism by Simon Sinek

A Bit of Optimism

2,189 Listeners

ReThinking by TED

ReThinking

610 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

212 Listeners

HBR On Strategy by Harvard Business Review

HBR On Strategy

84 Listeners