Comments on: In A Fast Paced Internet World, the Fastest Wins. Sometimes. http://www.capitalistguide.com/blog/in-a-fast-paced-internet-world-the-fastest-wins-sometimes-61.htm Internet Home Business Advice for Budding Entrepreneurs Sun, 21 Jun 2009 14:38:22 -0600 http://wordpress.org/?v=2.8.1 hourly 1 By: The Wealthy Blogger : The Second Mouse http://www.capitalistguide.com/blog/in-a-fast-paced-internet-world-the-fastest-wins-sometimes-61.htm/comment-page-1#comment-102 The Wealthy Blogger : The Second Mouse Wed, 04 Jun 2008 22:13:15 +0000 http://www.capitalistguide.com/blog/?p=61#comment-102 [...] up against competition you hadn’t planned on. More below: I was reading “The Capitalist Guide” earlier, and feel for him as he just experienced that himself. I don’t know what [...] [...] up against competition you hadn’t planned on. More below: I was reading “The Capitalist Guide” earlier, and feel for him as he just experienced that himself. I don’t know what [...]

]]> By: Bryan http://www.capitalistguide.com/blog/in-a-fast-paced-internet-world-the-fastest-wins-sometimes-61.htm/comment-page-1#comment-97 Bryan Wed, 04 Jun 2008 11:53:29 +0000 http://www.capitalistguide.com/blog/?p=61#comment-97 Good point. Lowest price, in my experience, actually is a decent USP for some markets, even if it isn't true. For instance, in my electronics store, when I started testing adding a "lowest price guarantee", my sales skyrocketed. I didn't have the lowest price, and only a handful of people exercised their option to get a lower price. The ONLY reason why price was an issue is because I was dealing with brand name products. For any other product, it shouldn't be an issue, provided you have some other USP. The important point here, though, is you NEED a USP. Differences sell. Period. And you're absolutely right - even when you're not the only game in town, you can still make a huge killing in a great market. Good point. Lowest price, in my experience, actually is a decent USP for some markets, even if it isn’t true. For instance, in my electronics store, when I started testing adding a “lowest price guarantee”, my sales skyrocketed. I didn’t have the lowest price, and only a handful of people exercised their option to get a lower price. The ONLY reason why price was an issue is because I was dealing with brand name products. For any other product, it shouldn’t be an issue, provided you have some other USP.

The important point here, though, is you NEED a USP. Differences sell. Period. And you’re absolutely right – even when you’re not the only game in town, you can still make a huge killing in a great market.

]]> By: Anthony at Work-at-home-Wealth.com http://www.capitalistguide.com/blog/in-a-fast-paced-internet-world-the-fastest-wins-sometimes-61.htm/comment-page-1#comment-96 Anthony at Work-at-home-Wealth.com Wed, 04 Jun 2008 04:58:33 +0000 http://www.capitalistguide.com/blog/?p=61#comment-96 I've been there too. But that's not the end of the world, and if you have a good product I'd suggest you not to charge less. Remember, that's from Marketing 101, if your marketing strategy it's based on low prices, there always be somebody else who will come up with a better price. IMO, you should charge what you think is a fair price for your product and promote it stressing the benefits it provides and the differences with your competitor's which make it stronger in front of the eyes of your customers. In an ideal world, all things would run smoothly and beautifully for us, but real world is how it is. Furthermore, if the niche you have found is as wealthy as you think it is, probably you can still rake in a good share of the market (if not the best). Anthony at Work-at-home-Wealth.coms last blog post..<a href="http://work-at-home-wealth.com/blog/index.php/2008/06/04/killing-procrastination-instantly/" rel="nofollow">Killing Procrastination Instantly</a> I’ve been there too. But that’s not the end of the world, and if you have a good product I’d suggest you not to charge less. Remember, that’s from Marketing 101, if your marketing strategy it’s based on low prices, there always be somebody else who will come up with a better price.

IMO, you should charge what you think is a fair price for your product and promote it stressing the benefits it provides and the differences with your competitor’s which make it stronger in front of the eyes of your customers.

In an ideal world, all things would run smoothly and beautifully for us, but real world is how it is. Furthermore, if the niche you have found is as wealthy as you think it is, probably you can still rake in a good share of the market (if not the best).

Anthony at Work-at-home-Wealth.coms last blog post..Killing Procrastination Instantly

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