Stomper Formula 5




Stomper Formula 5 - You can double your income and your business almost instantaneously.

Low prices are ONLY for deep pockets businesses. Wallmart, Target, they can take pretty much any store and lower the price of anyone… and they can survive because they have deep pockets and can go with negative cashflow for quite an amount of time. They can make it up in profit, but you CAN’T. And if you think you can, you will broke in no time. If they believe that the return to them exceeds what you are asking them to pay, i.e. the net price is ZERO, they will pay almost any price you ask for. If you keep this in mind and increase your prices, the result will be a good amount of money coming to your bottom line allowing you to reinvest in your business and grow.

Why people will pay more?
If you do anything or all of these 4 things people will willingly pay more.

What else people is willing to pay more for?
Story: he bought a digital camera. He usually buys them from a cheap store. They don’t process your order if you don’t call them to verify your credit card, when you call them they try to upsell you… He got finally fed up of them and bought it from Amazon, at a 12% higher price of he could have paid there. Why? A better experience… 2 clicks and that’s it… 2 days later the camera arrives.

There is still another reason why people will pay more:
They recently doubled their prices and didn’t give any explanation for it, they only said… we think it is time to do it. Do your cahsflow analysis and see how the increase will impact your business… then choose one of these tactics and implement it.