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Memecast #26: Everyone is Coordinated

Memecast #26: Everyone is Coordinated

FromImpact Pricing


Memecast #26: Everyone is Coordinated

FromImpact Pricing

ratings:
Length:
2 minutes
Released:
Sep 29, 2021
Format:
Podcast episode

Description

Pricing really encompasses almost every department inside your company, because when you think about it, pricing is how do we capture that? And so now it's all about value, what's value to the customer. In fact, what's perceived value to the customer and we can work our way backwards and say salespeople on a one-on-one basis, talking to customers are trying to help each individual customer understand how much value our product might be able to deliver. “Product teams create value. Marketing communicates value. Sales helps buyers understand their specific value. Pricing captures value. Everyone is coordinated.”- Mark Stiving Marketing, on the other hand, looks at a whole bunch of people and says, what's the type of value that most people are looking for. How can I communicate that value? How can I communicate that we're solving problems for those people? And then we take a step back to the product management or product development piece, and they better be building products that provide value to our customers. The only way they can do that is if they actually understand what value means. So in my view, all roads lead back to pricing because pricing understands value, at least the concept of value better than most other departments. However, every other department probably understands the value of any specific product, better than price.   We hope you enjoyed this podcast. If you see have any questions or feedback please email me mark@impactpricing.com.  Now go make an impact.   Connect with Mark Stiving:  Email: mark@impactpricing.com LinkedIn
Released:
Sep 29, 2021
Format:
Podcast episode

Titles in the series (100)

The Impact Pricing Podcast will help you win more business at higher prices by teaching you about pricing and value. Once you understand how your buyers perceive the value of your product, you can build, market and sell products that win at higher prices. Pricing is really about creating, communicating and capturing value.