2min previewDiscounts and Negotiation: Protect Your Price
đ Transcript
About half your customers are quietly waiting for a saleâeven when theyâre ready to pay full price. A client of mine learned this the hard way: one âlimited-timeâ discount turned into their new normal. In todayâs episode, weâll explore how that happensâand how to stop it.
Harvard Business Review estimates the average company gives away roughly 1â2 % of revenue every year in unnecessary discounts. Not bad, until you remember most profit lives in that thin slice at the bottom of your P&L. Today weâre going to treat your price like an asset to be defended, not a number to be negotiated away.
Weâll look at why âjust 10 % offâ can quietly destroy your margins, how constant promotions train customers to distrust your list price, and what disciplined discounters do differently. Instead of arguing that discounts are âbad,â weâll explore how to use them as precise tools: when to say yes, what to ask for in return, and how to keep your full price as the unquestioned reference point.
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Price It Right: Charge What You're Worth
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