oter

Pricing is flexible, not fixed from "summary" of Rework by Jason Fried,David Heinemeier Hansson

When setting prices for your products or services, don't get stuck in the mentality that prices are fixed and unchangeable. Instead, think of pricing as a flexible aspect of your business that can be adjusted based on various factors. Consider the value you are providing to your customers and be willing to adjust your prices accordingly. If you are offering something unique or highly valuable, don't be afraid to raise your prices to reflect that. On the other hand, if you are not seeing the desired sales numbers, consider lowering your prices to attract more customers. Another ...
    Read More
    Continue reading the Microbook on the Oter App. You can also listen to the highlights by choosing micro or macro audio option on the app. Download now to keep learning!
    Similar Posts
    Social norms impact economic decisions
    Social norms impact economic decisions
    Social norms play a crucial role in shaping the economic decisions that individuals make. People often base their choices not o...
    Invest in businesses with strong cash flows
    Invest in businesses with strong cash flows
    When choosing which businesses to invest in, Warren Buffett looks for those with strong cash flows. This is because cash flows ...
    Use data to drive decisionmaking
    Use data to drive decisionmaking
    Data is the key to making informed decisions in business. Without accurate and reliable data, leaders are left to rely on gut i...
    Regulations can distort market incentives
    Regulations can distort market incentives
    Regulations, by their very nature, impose constraints on market participants. Whether in the form of price controls, production...
    Social media plays a crucial role in modern marketing strategies
    Social media plays a crucial role in modern marketing strategies
    Social media has become an integral part of modern marketing strategies due to its ability to reach a large audience quickly an...
    Macroeconomic indicators guide business strategies
    Macroeconomic indicators guide business strategies
    Macroeconomic indicators play a crucial role in shaping business strategies. These indicators provide valuable insights into th...
    Global disparities in wealth
    Global disparities in wealth
    Global disparities in wealth are a fact of life that has existed for centuries, and they are not likely to disappear anytime so...
    Use storytelling to engage and connect with customers
    Use storytelling to engage and connect with customers
    To engage and connect with customers, it is crucial for businesses to embrace the power of storytelling. Storytelling allows co...
    Monetary policy affects the money supply and interest rates
    Monetary policy affects the money supply and interest rates
    Monetary policy plays a crucial role in shaping the money supply and interest rates within an economy. By adjusting the money s...
    Foster a positive company culture
    Foster a positive company culture
    Creating a positive company culture is essential for the success of any small business. It involves cultivating an environment ...
    oter

    Rework

    Jason Fried

    Open in app
    Now you can listen to your microbooks on-the-go. Download the Oter App on your mobile device and continue making progress towards your goals, no matter where you are.