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Pricing Workshop - Change ventures

Date post: 26-Jul-2015
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YASMINE KHATER LAURA ALLEN Lifestyle Business Coach Sustainability Storyteller @yasminekhater [email protected] [email protected]
Transcript

YASMINE  KHATER          LAURA  ALLEN  Lifestyle  Business  Coach          Sustainability  Storyteller    

@yasminekhater  [email protected]          [email protected]            

Who is responsible for you to live an extraordinary

life?"

www.transpiral.org    

The most important person is…

www.transpiral.org    

YOU"

In this workshop, you’re going to discover

4 IMPORTANT THINGS •  Treasure Map to your pot of gold"•  2 Pillars of a Profitable Business"•  Who is and Why are they paying you? "•  How to position and price yourself?"

www.transpiral.org  

www.transpiral.org  

1. What kind of life do you want to live?"

•  What do you want to achieve?"•  What kind of lifestyle? "•  What kind of impact do you want to create? (Global,

Regional, National)"•  What kind of business do you want to run? (Sole

Ownerships, Partnership, Franchise)"

www.transpiral.org  

How much $$ do you want

to make?"

www.transpiral.org  

How much $$ do you want to make?"

"1,000,000 = 1"

100,000 = 10" 10,000 = 100"

1,000 = 1,000" 100 = 10,000"

10 = 100,000" 1 = 1,000,000"

2.  WHAT  IS    A    

BUSINESS?  

www.transpiral.org  

Profitable Business

www.transpiral.org  

Profitable Business

Purpose : Make Profits"

Customers   Product/  Service  

www.transpiral.org  

Profitable Business

Purpose : Make Profits"

Customers  Product/  Service  

No  Clients                              =                  No  Sale  No  Sales                                    =                  No  Cash  Flow  No  Cash  Flow                  =                  No  profitability  No  Profitability            =                  No  Business  No  Business                        =                  No  Freedom  

Who Am I?

www.transpiral.org    

•  Half Egyptian/ Singaporean"•  Lived and worked in 7

countries in AP, Europe and MENA

•  Psychologist & Marketer"  

Turning Point  

www.transpiral.org    

www.transpiral.org  

•  Fill  in  the  feedback  form  with  name  &  contact  

• Why  are  you  here?  

• What  is  one  key  thing  you  want  to  take  away  from  today?  

Check  -­‐  in  

 INTENTION  

Who Am I?

www.goneadventurin.com      

•  Australian. Asian at heart"

•  6 years l iv ing and working throughout Asia

•  Accountant turned Marketer and Sustainability Consultant  

Turning Point  

www.transpiral.org  

Profitable Business

Purpose : Make Profits"

Customers   Product/  Service  

www.transpiral.org  

3.  WHO  is  paying  you?    

•  Target  customer  :  demo  +  psycho  •  How  old  are  they?    What  country/region?    

What  job?    •  How  do  they  spend  their  Ome?  What  are  

their  habits?  •  What  is  their  need  /  problem?  •  Where  are  they  and  how  do  you  

reach  them?  

www.transpiral.org  

3.  WHAT  are  they  paying  you  for?  •  Product  or  Service?      

•  1  or  many?  •  Repeat  or  Single  sale?  

•  What  are  the  FuncOonal  and  EmoOonal  benefits  •  How  is  it  different  (USP)  –  the  product/experience?  •  The  posiOoning?      •  What  compeOtors  who  will  lose  if  you  win?    Who  

are  you  taking  business  away  from?  •  How  do  your  customers  perceive  the  value?  •  High/  low  margin?    Volume?  

4.  HOW  TO  POSITION  AND  PRICE  YOURSELF?    

50  Cents  

$2-­‐4  

$5-­‐10  

$12-­‐15  

10  Cents  

www.transpiral.org  

4.  HOW  TO  POSITION  AND  PRICE  YOURSELF?    

 

Why  should  you  not  compete  on  price?  

www.transpiral.org  

WHY  SHOULD  YOU  NOT  COMPETE  ON  PRICE?  

•  Someone  will  beat  you  •  Price  shoppers  -­‐>  no  loyalty  •  Perceived  credibility  •  Clients  who  dont  buy  the  

cheapest  •  Biggest  way  to  kill  your  profits  

www.transpiral.org  

4.  HOW  TO  POSITION  AND  PRICE  YOURSELF?    

Value  Based  •  Confidence  •  MarkeOng  that  fits  your  brand  •  Focus  on  Customer  Experience    

FEEDBACK  FORMS  

 

Q&A  


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