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Worth Every Penny
Book

Worth Every Penny

Build a Business That Thrills Your Customers and Still Charge What You're Worth

Greenleaf Book Group, 2012 más...


Editorial Rating

6

Qualities

  • Background
  • For Beginners

Recommendation

When businesses compete in today’s marketplace, mammoth companies like Walmart and Amazon set low prices for their respective sectors and force everyone else to drop their prices, too, often at their economic peril. However, one class of business – boutique firms – chooses not to get into that boxing ring. These organizations set their own business terms by selling customized products and services at premium prices. Boutique business experts Sarah Petty and Erin Verbeck explain (and sometimes repeat) the basics of the boutique business model. getAbstract recommends their insights to would-be entrepreneurs and small-business owners who would like to determine if turning their companies into boutique firms is an appropriate tactic they can use to avoid being competitively forced to discount their prices.

Take-Aways

  • No small business can set lower prices than today’s gigantic companies.
  • Boutique firms don’t have to since they follow a different business model.
  • These firms charge a premium for customized products and exceptional service.

About the Authors

Sarah Petty is the founder of a boutique photography business, The Joy of Marketing, where Erin Verbeck is the Chief Joy Officer.


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