10x prices - Deepstash

10x prices

If you were forced to increase your prices by 10x, what would you do to justify it?

  • What type of brand looks and feels like something that is expensive? How would the design of both the website and the product need to change?
  • What part of your market would you have to target? Do they have different problems or needs?
  • What expensive services might you need to supply?

21

85 reads

CURATED FROM

IDEAS CURATED BY

martglen

Clinical molecular geneticist

How to come up with fresh transformative ideas

The idea is part of this collection:

Ultimate Guide to Reducing Churn

Learn more about creativity with this collection

How to analyze churn data and make data-driven decisions

The importance of customer feedback

How to improve customer experience

Related collections

Similar ideas to 10x prices

The 10X Rule

The 10X Rule

The 10X Rule consists of two parts: 10X targets and 10X actions. This principle states:

  • Set targets 10 times greater than what you believe necessary
  • Take 10 times more action than you think required to achieve them
  • Massive goals reduce competition a...

Why do market research?

Market research allows you to meet your buyer where they are, & understand your buyer's problems, pain points, & desired solutions. You can then market your service to appeal to them.

Market research also provides insight into :

  • Where your target audience & current customers cond...

What is market research?

What is market research?

You need to adapt your marketing strategy to complement the way today's consumers research, shop, & buy to sell your service. To do that, you must have a deep understanding of who your buyers are, your specific market, and what influences the purchase decisions and behavior of your target audienc...

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates