Topgolf is future of company.
[00:05:54] Late to market, focused on value.
[00:08:33] Cost Plus pricing: Calculate costs, add markup. Weaknesses: Customer perception, competition's pricing.
[00:13:32] Extensive price history, AOV increase, wallet market.
[00:15:02] Gucci wallet: affordable gift with high demand.
[00:18:39] Affordable premium product, strong email deliverability. Exceptional.
[00:21:44] Pricing strategy: gross margin, cost optimization, discounts.
[00:25:38] Failed auction website experiment reveals psychological pricing.
[00:29:49] Differentiation is key in pricing strategy.
[00:33:46] Audit costs and lack of systems explained.
[00:37:42] Price psychology and price buckets are important. A Dutch auction maximizes revenue. Consider industry-specific price buckets for better pricing.
[00:42:18] Supply and demand is real, price affects demand. Testing pricing can be helpful. Successful retailers discount. Higher pricing acquires fewer customers. Luxury brands target fewer customers. Understand who you're trying to talk to. Pricing drives customer acquisition. Lower prices can introduce people to a brand.
[00:48:14] Surviving middle market through omnichannel pricing.
[00:49:56] Multiples mean nothing. Factors: growth, profit, sector, supply, demand.
[00:53:57] Zimmerman sold for $1.6 billion, impressive. The importance of actual money in deals. Value determined by what someone pays.
[00:57:47] Think like competitors, know your value, sell.
In the world of eCommerce, a legendary WhatsApp group is rumored to hold the secrets to unimaginable success. The catch? You must have nine figures in revenue to gain entry. The world's biggest brands have denied its existence for years, until now. Three titans known as "Operators" are leaking the secret contents in an effort to share their wealth of knowledge with people like you.
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Northbeam.
https://www.northbeam.io/
Sendlane.
https://learn.sendlane.com/operators
Fulfil.io.
https://bit.ly/3pAp2vu
Visit Our Website:
https://www.9operators.com/
Follow us on Twitter:
Sean (Host) https://twitter.com/SeanEcom
Jason (Host) https://twitter.com/JasonPanzer
Matt (Host) https://twitter.com/mbertulli
Mike (Host) https://twitter.com/mikebeckhamsm
Finn (Producer) https://twitter.com/finn_radford
Northbeam (Partner) https://twitter.com/northbeam
Fulfil.io (Partner) https://twitter.com/fulfilio
Sendlane (Partner) https://twitter.com/Sendlane
We Rise Together.
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