Charge Twice the Price and Still Offer an Incredible Value

in Forum: Marketing
Source of this discusssion: /articles/9075/1/charge-twice-price-same-value.htm Page description: Here are a few tips that should help you come up with ideas for your next blockbuster product.
Mar. 13 2008 at 9:19 PM
artalacarte Posted by: artalacarte
Yanick,

This is exactly what we have been doing at Whiner and Diner. It did take a lot of time (about a year) and hard work; people are now calling to make sure the product is actually a "Whiner and Diner". We make hand-crafted authentic wooden wine crate pet feeders, beds and toy boxes. We went  from (after being approached by many companies wanting to mass product us for a third of the price- and it is tempting when you are struggling...), to just a couple of sales a week, to being actually recognized as a high-end , unusual, eco-friendly company...and getting ten x more sales than when we started. If (wealthy) people like and want your product, price is not a object.
And still growing...only in America!

Catherine

"Simply Eco-Luxurious: Because your Pet deserves the Very Best"
Whiner and Diner Pet Accessories
Mar. 13 2008 at 11:48 PM
cartess3 Posted by: cartess3
Order the book: Influence:  The Psychology of Persuasion by Robert Cialdini.

He goes into detail about why and how this works. It's a hard read (the book), but if you order and understand and apply the strategies, it can take sales to another level.

Cartess Ross

Mar. 17 2008 at 7:29 PM
CraigL Posted by: CraigL
Whole generations in the US have grown up believing that if it costs more, therefore it "must be" better.  Craig Landes
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Defining the undefinable. "There are 10 kinds of people in the world---those who understand binary numbers and those who don't." - Unknown
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Success = Passion, Patience, Persistence!


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