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Ever felt tempted to drop your prices just to get a sale?
In this episode, I'm sharing a story that perfectly sums up why cheaper doesn't always mean better and what that means for how you price your products.
Because the truth is, lowering your prices won't always build trust.
In fact, it might raise more questions than answers.
If you've ever panicked and added a discount code, or felt pressure to be "affordable" just to compete, this is your sign to pause, regroup and think more strategically.
In This Episode:
Why price sends a message and what yours might be saying behind your back
The hidden cost of being "cheap"
What your customers are really looking for (spoiler: it's not a bargain)
How to build a brand that people value and trust without racing to the bottom
Ready to Build a Brand That Sells on Value (Not Discounts?)
Magnetic is now closed for enrolment. Be the first to know when doors reopen click here to join the waitlist
This podcast is sponsored by Tide Banking
Offer: Get £50 cashback when you open a business account with Tide and spend £100 on your new card. T&C's apply.
Sign up link: https://glnk.io/91954/elizabeth37r
Promo Code: FASHION
By elizabeth stiles5
88 ratings
Ever felt tempted to drop your prices just to get a sale?
In this episode, I'm sharing a story that perfectly sums up why cheaper doesn't always mean better and what that means for how you price your products.
Because the truth is, lowering your prices won't always build trust.
In fact, it might raise more questions than answers.
If you've ever panicked and added a discount code, or felt pressure to be "affordable" just to compete, this is your sign to pause, regroup and think more strategically.
In This Episode:
Why price sends a message and what yours might be saying behind your back
The hidden cost of being "cheap"
What your customers are really looking for (spoiler: it's not a bargain)
How to build a brand that people value and trust without racing to the bottom
Ready to Build a Brand That Sells on Value (Not Discounts?)
Magnetic is now closed for enrolment. Be the first to know when doors reopen click here to join the waitlist
This podcast is sponsored by Tide Banking
Offer: Get £50 cashback when you open a business account with Tide and spend £100 on your new card. T&C's apply.
Sign up link: https://glnk.io/91954/elizabeth37r
Promo Code: FASHION

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