Financial Turmoil, Recession, and Successful Business
By Moshe Zeidman in Reader
Posted in Credit Crunch, IT Success, Government policy, business goals, Business processes on September 26, 2008 at 3:50 pm
“It’s not the Wall Street Crash of 1929, It’s not going to be The Great Depression of the 1930’s, it’s all quite different…er…honest…”News items on the BBC website entitled “What Would Armageddon Look Like?”
Comment by - September 29, 2008 on 7:43 am
So how do you define what your product or service is worth? I was recently casstigated by a marketing advisor because she said I was pricing myself too low whereas I was considering what I felt my target audience could afford to pay.
I am wanting to build my business along the principles you describe, however, a question I should ask is ‘Am I in a minority?’
Comment by - September 29, 2008 on 9:15 am
It is important to be guided by normative market rates for products and services, but as you demonstrate, it is also important to be guided by your conscience. What do you truly believe the appropriate value should be? Over inflated prices will not last - customers see through it, but to work for less than you are worth will breed long term resentment
Comment by - December 26, 2008 on 7:02 am
Your blog is very nice.
Thank you.
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