Impact Pricing

Pricing Table Topics: 7 of Hearts – Value Propositions Are General, Selling Value Is Specific


Listen Later

This one is the 7 of Hearts from the Selling Value card deck.

It is true, value propositions really are awesome.

Marketing teams, companies, sit around to try to figure out, what's the value proposition of this product? And it turns out that we can often come up with something that's pretty good, pretty general. It essentially is the solution to a problem that most people have, and we think of that as the value proposition.

But the thing is, the value proposition isn't specific enough. Anytime you go to an individual customer, or an individual buyer, they've got different problems. Maybe our value proposition caught their attention, got them to come talk to us.

But in the end, we need to understand, what are the specific problems that that buyer has? What's the result that that buyer's looking to achieve? And then help them figure out, what's the business case for that? How much value, or additional profit, will they make because they're solving those specific problems?

So, I love value propositions. They're just not magic words that are enough to get people to buy.

We hope you enjoyed this example of Pricing Table Topics. What you just heard was done without a script. If you want to get better at speaking about pricing and value, grab a deck of our cards, pick a card, read the saying, and then talk for one to two minutes about what that card says. You'll become a better speaker and expert.

If you 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

4,162 Listeners

Pivot by New York Magazine

Pivot

9,522 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,351 Listeners

The Daily by The New York Times

The Daily

112,238 Listeners

FT News Briefing by Financial Times

FT News Briefing

648 Listeners

Haaretz Podcast by Haaretz

Haaretz Podcast

296 Listeners

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

The Prof G Pod with Scott Galloway

5,590 Listeners

Hard Fork by The New York Times

Hard Fork

5,511 Listeners

ReThinking by TED

ReThinking

633 Listeners

On with Kara Swisher by Vox Media

On with Kara Swisher

3,525 Listeners

What Now? with Trevor Noah by Trevor Noah

What Now? with Trevor Noah

4,242 Listeners

The Tucker Carlson Show by Tucker Carlson Network

The Tucker Carlson Show

16,848 Listeners

Prof G Markets by Vox Media Podcast Network

Prof G Markets

1,420 Listeners

Raging Moderates with Scott Galloway and Jessica Tarlov by Vox Media Podcast Network

Raging Moderates with Scott Galloway and Jessica Tarlov

1,353 Listeners