Value Supply And Demand

The more valuable an offer is, the more successful the person will be.

A valuable offer is one in which the value is worth more than the money paid for it.

What is more valuable for a homeless starving person… a $30 fish platter or a $30 fishing pole? Value Supply And Demand counts.

The same goes for business. People pay money for value. If their money is not spent on a product, it is because they felt their money would be better spent on something else that is more valuable.
One of the best things a marketer can do is present their products in a manner in which it convinces people that they just can not live without it.

It must be purchased and the product is so valuable it’s priceless!

If the product is indeed extremely valuable and worth so much more than the money spent on it, then those customers will practically beg for more – and will not think twice about spending double, triple or much more for future products.

With value, it’s smart to think of products as services. You see, people buy products and services all the time. But if a product is so valuable that it holds onto people for a long time, like a service could… the perceived value skyrockets.

For example, the book think and grow rich is so valuable that people today continue to quote from it, talk about it and practice it’s teachings to this day.

Isn’t it more like a service than a book, or product? I hope this makes sense. Another example would be a dictionary. It’s more of a service than a product.

This is why software can be such great products. People buy the software and use it over and over. The value can be great because people get miles out of the purchase.

Questions to ask is:
How much value am I providing my customers with this product/service? 
How can I increase the value? 
How can I put myself in my customer’s shoes? 
What is it about my product/service that will create the type of value where people will feel that they can not live without it?

Is there demand for this product?

Are people already buying a similar type of product?

These are the type of questions a business person should ask. If there is great value, then customers will refer others… and buy over and over again.

A Real Business