
Global Business Titans
February 5, 2025 at 01:54 PM
📅 Day 5: The Pricing Trap – Why Cheap Can Kill Your Brand
Lowering prices to attract customers? That’s a race to the bottom. Cheap often signals low value, making customers hesitate.
✅ Tip: Instead of lowering prices, increase perceived value. Offer better service, exclusive bonuses, or a guarantee.
Test it: Would you rather have 10 low-paying customers or 5 premium clients who trust your value? Stop competing on price—compete on experience.