• Why You're Leaving Money on the Table

  • Jan 10 2025
  • Length: 21 mins
  • Podcast

Why You're Leaving Money on the Table

  • Summary

  • Unlock Pricing Power: Stop Leaving Money on the Table

    In this episode of Harmonious at Lunch, Brandon Gano has a revealing conversation with Per Sjöfors, a renowned pricing expert who helps businesses unlock their true pricing potential. Per Sjöfors debunks the common pitfalls of traditional pricing strategies, like cost-based pricing and competitive benchmarking, revealing how these methods often leave significant revenue on the table.

    He emphasizes the crucial importance of value-based pricing, a strategy that focuses on understanding and capturing the true value that your product or service delivers to your customers.

    Per Sjöfors shares a practical and insightful process for determining your ideal price point, including conducting market research and understanding customer perceptions. He highlights the importance of identifying your ideal customer profile and tailoring your pricing strategy to their specific needs and expectations.

    The conversation delves into real-world examples and case studies, demonstrating how businesses can implement these strategies to increase revenue, improve profitability, and gain a competitive edge. Per Sjöfors also discusses the psychological aspects of pricing, exploring how factors like scarcity, exclusivity, and perceived value can influence customer behavior and purchasing decisions.

    Guest website: https://sjofors.com/

    Guest social media:

    • LinkedIn: https://www.linkedin.com/in/persjofors/

    Book Recommendation:

    • The Price Whisperer by Per Sjöfors: https://amzn.to/3Z03tDw

    This episode is a must-listen for any business owner, entrepreneur, or executive seeking to optimize their pricing strategy and maximize their revenue potential.

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