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Show Notes
I see way too many people discounting their products in an effort to close the deal. The irony is that when you set the bar too low, you actually lose out on customers. In this episode, I break down why strategic fundraising is proof that you need to charge people appropriately for your product or service. We all need to have skin in the game to follow through and create an emotional attachment with a brand, so where can you create that opportunity with your offer?
IN THIS EPISODE, WE TALK ABOUT:
- An update about the strategic fundraising round with frello
- The reason why we're bringing a lot of influencers and celebrities in as investors
- The benchmark I like to use for pricing products
- Why discounting something too much actually makes it valueless
RESOURCES
- Interested in being an investor in frello? Check out frelloapp.com/invest
CONNECT WITH CHRIS
Follow me: @chriswharder
Visit my website: chrisharder.me
Learn more about frello, my peer-to-peer lending app: frelloapp.com
Follow frello: @frello_app