Profit Finding: You don't need to discount to grow your business episode artwork

EPISODE · Mar 5, 2020 · 39 MIN

Profit Finding: You don't need to discount to grow your business

from Backable · host Tim Krotiris

Why do you feel you need to offer a discount? Discounting can be a very dangerous game for businesses.  Constantly chipping away at profit margins to close a sale or increase revenues.  While discounting has a place in all business models, it must by used with a complete understanding of the strategy and impact within the business. In this podcast episode, we explore using discounting to grow your business and how we avoid using it at the wrong times. We explore: Understanding and articulating your value  Welcoming and inviting price objections Evaluating value in the eyes of IDEAL clients/customers Strategic discounting to increase profitability  Being prepared for objections to close more sales We hope you enjoy the episode. Have a business problem you want the team to discuss, post it or send a DM https://www.facebook.com/philotimoglobal/  

Episode metadata supplied by the publisher feed · Published Mar 5, 2020

Embed this episode

NOW PLAYING

Profit Finding: You don't need to discount to grow your business

0:00 39:47

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

No similar episodes found.

Frequently Asked Questions

How long is this episode of Backable?

This episode is 39 minutes long.

When was this Backable episode published?

This episode was published on March 5, 2020.

Can I download this Backable episode?

Yes. Use the download control on the episode player to save the publisher-provided media file.
URL copied to clipboard!