THE X FACTOR BLOG
This blog is a forum for discussion on topics relevant to business owners. We also publish strategies on marketing and growing your business, special offers and advanced tools to keep your business on the cutting edge as well as keep you up to date on SME news and media.
From the Desk of Nic Clark - Increasing Your Prices: A Scary But Highly Successful Strategy
10X Newcastle - Thursday, January 19, 2012
The truth is, they won’t.
On almost all occasions a price increase can actually increase your sales volume.
For instance, an Australian based company with $9 billion in revenue was having challenges with its profit margins, so they decided to increase their prices. To do that, they Keep Reading
1
Recent Posts
- Empower Your Employees
- The 5 Marketing Mistakes You Must Avoid
- Get On The Media’s Good Side
- DIY PR in 10 Easy Steps
- Do you need more assurance than just insurance?
- From the Desk of Nic Clark: Why It's Vital To Keep An Eye on KPIs
- Becoming the Leader of Your Tribe
- Branding Basics - How Do I Use My Brand Strategy?
- Cant Buy Me Love
- From the Desk of Nic Clark: What are you REALLY Saying?
Tags
- 10X (46)
- 10X Case Study (6)
- 10X Coaching Club (6)
- 2011 (1)
- 2012 (1)
- Accountability (2)
- Accounting (1)
- Achieve (4)
- Activity (1)
- adventure (1)
- Affiliate (2)
- Alliance (1)
- Attract Customers (2)
- benefit-rich (1)
- Better Prices (1)
- Big Business (1)
- Block (1)
- Bottom line (1)
- brainstorm (2)
- brand loyalty (1)
- Brand Strategy (9)
- branding (16)
- budget (2)
- Business Advice (15)
- business brand (1)
- Business Building (2)
- Business Coach (8)
- Business Coaching (28)
- Business Growth Tips (9)
- Business Improvement Seminar (11)
- Business owner (2)
- business plan (3)
- Business Success (1)
- Business Week (1)
- Capitalise (2)
- Capitalising (2)
- Cash (4)
- Cashflow (4)
- Challenges (1)
- charity (1)
- client relationship (2)
- Coaching Club (1)
- Communication (10)
- Communication Plan (1)
- competition (6)
- competitors (1)
- Concentration (1)
- Connection (1)
- consulting (11)
- contribution (1)
- Control (1)
- Conversion (2)
- Costs per lead (1)
- Creativity (1)
- credit (1)
- crisis (1)
- Customer Experience (2)
- Customer Loyalty (1)
- Customer Retention (9)
- Customer Service (3)
- customers (13)
- Database (7)
- Direct Mail (3)
- Direction (1)
- Discipline (2)
- Distractions (2)
- DIY (2)
- Economy (2)
- Educate (1)
- Employees (5)
- Empower (1)
- Encouragement (1)
- Energy (1)
- Events (2)
- Exit Strategy (1)
- Facebook (1)
- features (1)
- Financial Reporting (1)
- Focus (3)
- Follow Up (1)
- GFC (1)
- Goal Setting (5)
- Growth (11)
- growth, profit, cash (11)
- Hiring (1)
- Image (1)
- Implementation (2)
- incentive (4)
- Increase costs (1)
- Increase Customers (1)
- Increase Prices (1)
- Increase Revenue (2)
- increase sales (10)
- Industry Leader (1)
- Innovation (1)
- Innovation Strategy (1)
- insurance (1)
- Insurance Cover (2)
- Interbrand (1)
- Internet (1)
- Investment (3)
- Joint Venture (1)
- Knowledge (1)
- KPIs (1)
- Lead Generation (3)
- Leadership (4)
- Lifetime Value (1)
- Linkedin (1)
- Low Cost (1)
- Management (3)
- marketing (26)
- marketing campaigns (14)
- marketing message (12)
- marketing strategy (7)
- Marketing Tool (5)
- measure (3)
- Media (2)
- Michael Sheargold (1)
- Milestones (1)
- momentum (1)
- Money (1)
- motivation (7)
- Networking (2)
- new leads (12)
- New Year (1)
- Nic Clark (2)
- Online Marketing (2)
- Online Strategies (1)
- Opportunities (2)
- opt-in (1)
- organisation (1)
- outsourcing (1)
- Perceived Value (1)
- Perceptions (4)
- performance (1)
- Performance Planner (1)
- Plan (4)
- Planning (7)
- positioning (2)
- potential customers (1)
- PR (2)
- Pricing (1)
- prioritise (1)
- processes (3)
- Product (2)
- Product Benefits (1)
- Productivity (5)
- Profit (12)
- Project Management (1)
- Promotion (4)
- Proposition (2)
- Prospecting (1)
- prospects (6)
- Public Relations (2)
- Publicity (1)
- rating (1)
- recovery plan (1)
- Reduce Expenses (1)
- Reducing (2)
- referral incentive (1)
- referral program (1)
- referrals (1)
- Relationship (2)
- reputation (1)
- Research (2)
- Results (3)
- results driven (1)
- Return (1)
- Revenue (1)
- Risk (2)
- Risk Management (2)
- Road Map (1)
- Sales (2)
- Save (2)
- seminars (1)
- SEO (1)
- Service (1)
- Services (1)
- Small Business (2)
- small business advice (3)
- SMEs (2)
- social media (5)
- social proof (1)
- Software Package (1)
- Staff (4)
- stand out (9)
- stepUP (1)
- Strategies (8)
- Strategy Guides (1)
- Stress (1)
- Success (15)
- succession (11)
- succession planning (1)
- Suppliers (4)
- Support (1)
- Sustainability (1)
- SWOT (1)
- Systems (4)
- target (1)
- Tasks (1)
- Team Building (4)
- Team morale (7)
- Teamwork (11)
- Think Big (1)
- Time Management (3)
- Tracking (4)
- Transaction (1)
- travel budget (1)
- travel costs (1)
- trends (1)
- Turnover (2)
- Twitter (2)
- Unique Selling Point (1)
- Unique Value Proposition (2)
- UVPs (2)
- value (17)
- Value Proposition (3)
- value-add (3)
- Webinar (1)
- website (13)
- Work Culture (1)
- work travel (1)
- Work/Life balance (3)
Comments
Post has no comments.