My price will probably go down, but only because my price includes a catered lunch. With the class hours reduction, I will most likely be doing class either before or after lunch, so no need to cater in. However, I will not be reducing any further than the cost of said lunch, which right now is about $12. I am already more expensive than the majority of providers around me, but I have amassed quite a following of students, and have gotten many referrals. I think of my CHL class like I do when buying a house: I don't want to be the most expensive house on the block, but I don't want to be the cheapest.
When I was in corporate world, I worked for a company who wrote computer software for the banking industry. In this software was information about the economic status of every zip code in America. So my company thought, since we already have to have this information for our banking software, let's also make a marketing program using the exact same information, but not just for banks, for everybody. This marketing software we priced pretty low because, heck, it was pure profit. But we couldn't sell it!! The number one reason potential clients did not buy it was because the client thought 'you pay for what you get' so it must be an inferior product. So we raised the price, and bam!! We sold the snot out of it, and became one of the top MCIF software programs. Same info, no program change, the only change that was made was to increase the price. Moral of the story: if the customer perceives value from your product, it will sell. Word of mouth is much more important than a few bucks. And most times, you really do get what you pay for.
TBM
Search found 1 match
Return to “New laws new price?”
Search found 1 match
• Page 1 of 1
- by The_Busy_Mom
- Tue Jul 09, 2013 10:43 pm
- Forum: Instructors' Corner
- Topic: New laws new price?
- Replies: 10
- Views: 2501
Search found 1 match
• Page 1 of 1
Return to “New laws new price?”
Jump to
- Administrative
- ↳ Site Announcements, Questions & Suggestions
- ↳ Test Area
- ↳ Technical Tips, Questions & Discussions (Computers & Internet)
- Resources & Links
- ↳ CHL Checklist
- ↳ Government resources & CHL-related links
- ↳ DPS Updates
- National Rifle Association, Texas Firearms Coalition & Good Guys United
- ↳ National Rifle Association
- ↳ Texas Firearms Coalition
- ↳ Good Guys United
- General
- ↳ General Gun, Shooting & Equipment Discussion
- ↳ General Texas CHL Discussion
- ↳ Gun and/or Self-Defense Related Political Issues
- ↳ Rifles & Shotguns
- ↳ New to CHL?
- ↳ The "Waiting Room"
- ↳ Other States
- ↳ Shooting Ranges
- ↳ Reloading Forum
- ↳ Never Again!!
- ↳ Competitive Shooting
- ↳ Hunting Photos
- ↳ Books & Videos
- ↳ Off-Topic
- ↳ Ladies
- ↳ Anti-gun propaganda and other lies!
- ↳ Second Amendment Cases
- Day-To-Day
- ↳ Holsters & Accessories
- ↳ LEO Contacts & Bloopers
- ↳ "How To" Tips
- ↳ Job Board
- ↳ Camp's Corner
- ↳ Prayer Requests & Updates
- ↳ The Crime Blotter
- ↳ Self-Defense Reports
- ↳ Training & Practice
- Instructors , Classes and Training
- ↳ LTC Class Schedules & Locations
- ↳ Basic & Advanced Training (Non-LTC)
- ↳ Past Classes
- ↳ Instructors' Corner
- ↳ General
- Market: Buy, Sell, Trade - Please check the minimum posting requirements in Forum Rule 13
- ↳ Holsters, Accessories, Reloading Equipment & Supplies
- ↳ Firearms
- ↳ FFL Holders
- ↳ Closed Items
- ↳ Commercial Vendor Bargains and Deal
- ↳ Non-Firearm related items
- Community Service Announcements
- ↳ General Announcements
- ↳ Animal Rescue
- ↳ Prior Year TexasCHLforum Days
- ↳ 2012 TexasCHLforum Day at PSC
- ↳ 2010 TexasCHLforum Day at PSC
- ↳ 2009 TexasCHLforum Day at PSC
- ↳ TexasCHLforum Day at PSC 2008
- ↳ Feedback - 2007 TexasCHLforum Day at PSC
- ↳ 2007 TexasCHLforum Day
- Legislative
- ↳ General Legislative Discussions
- ↳ 2019 Texas Legislative Session
- ↳ Governor's Abbott's "School and Firearm Safety Action Plan"
- ↳ Crimes on Campus
- ↳ Prior Session: 2005 - 2017
- ↳ 2015 Legislative Session
- ↳ 2013 Texas Legislative Session
- ↳ 2013 Calls-To-Action
- ↳ 2011 Texas Legislative Session
- ↳ 2009 Texas Legislative Session
- ↳ 2007 Texas Legislative Session
- ↳ 2005 Texas Legislative Session
- ↳ Goals for 2007
- ↳ Concealed Carry on College Campuses
- ↳ 2017 Texas Legislative Session
- ↳ 2017 Legislative Wish List
- ↳ Federal
- Elections
- ↳ Prior Year Elections
- ↳ 2012 Texas & Federal Elections
- ↳ Texas - 2008
- ↳ Federal - 2008
- ↳ 2014 Elections