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78- Pricing is UX

78- Pricing is UX

Fromd.MBA


78- Pricing is UX

Fromd.MBA

ratings:
Length:
50 minutes
Released:
Jan 31, 2023
Format:
Podcast episode

Description

Discounting and Tesla are two words you never hear together. Elon Musk famously wrote in an email to Tesla staff that “There can never – and I mean never – be a discount on a new car coming out of the factory in pristine condition… The acid test is that if you cannot explain to any customer who paid full price why other another customer didn’t without being embarrassed, then it is not right.” So Tesla’s recent decision to deeply discount across its product range has many scratching their heads. Why is Tesla doing this now? What could it indicate about the state of the business? Will it have a long-term effect on their brand and position in the market? These are questions we dive into as part of the latest Business Design Jam. In this episode we cover: Why a business like Tesla might choose to discount The pros and cons of discounting 5 considerations before choosing to cut prices Why price is so intrinsically linked to UX How designers can add value to the pricing process - it’s not all maths!
Released:
Jan 31, 2023
Format:
Podcast episode

Titles in the series (100)

Business confidence for designers. The d.MBA is an online business program for design leaders, who aim to run more balanced organizations. We believe in a different business world, by design. The podcast is hosted by Alen Faljic, the founder and CEO of d.MBA and an ex-IDEO business designer.