Many founders get caught up in price wars because they don't see the uniqueness and value of their products.
To add value, we have to think about what customers want and find ways to give them more than they expect.
For example, if we sell clothes, we don't just sell regular clothes.
We can add value by providing quality assurance, unique designs, or the best customer service.
If you don't know what they need, how can you give them products they like, right?
So, gather information about customer needs.
Conduct surveys, listen to feedback, and research the market.
Once you know what your customers want, you need to offer a product or service that meets that need.
Products that are useful and provide benefits to customers will be more valuable.
So, think about how you can make a product that is better than others.
The product also needs to be of good quality.
If customers know your product is top-notch, they will be more willing to pay a higher price.
We also need to find a more specific value. What does that mean?
For example, if we sell health products, don't sell them to everyone.
Focus on something more specific , for example lebanon phone data products for the elderly or those who need special healthcare.
Apart from products, customer support is also important.
Respond to customer inquiries and complaints quickly.
Help solve customer problems. Try to listen to their views, and make changes if necessary.
Customers who are satisfied with our service will feel more appreciated.
We can also add extra value or added value to our products.
A simple example is to offer special discounts for regular customers or free gifts for certain purchases.
With this, we can offer more than our competitors without having to lower prices.
Increase Product Value
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