
We’ve worked out 9 Price Failures that can catch out Business Owners- but we’re only sharing four with you today!
Contact us at Business Coaching Manchester if you’d like to find out the other five!
Price Failure Number 1
There is no law on prices. This is where the business owner decides their price on industry norms. There is no other reason.
Price Failure Number 3
This is where the business owner only attracts customers because of the price.
Price Failure Number 5
This is where the business owner fails to differentiate themselves from their competition.
Price Failure Number 7
Not increasing prices when it’s easy to do so.