Podcast · September 11, 2022 0

Sell More by Increasing the Perceived Value of your Product or Service

Meet James Show
Meet James Show
Sell More by Increasing the Perceived Value of your Product or Service
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When it comes to increasing the perceived value of something, the best way to do it is fast. That’s because value is all about perception. And the faster you can change someone’s perception, the more value you can create.

There are a few ways to do this. One is to use scarcity. If something is scarce, people naturally perceive it as being more valuable. So if you can create a sense of scarcity, you can instantly increase value.

Another way to increase value is to create a sense of urgency. This is why “limited time offers” are so effective. By creating a sense of urgency, you make people feel like they need to act now or they’ll miss out. And that increases the perceived value of whatever it is you’re selling.

You can also increase value by making your product or service more exclusive. This is why Etsy sellers always talk about how their products are one-of-a-kind or hand-made. It’s because those things are seen as being more valuable than mass-produced items.

If you want to increase the perceived value of what you’re selling, focus on making it more exclusive, scarce, or urgent. Do that, and you’ll see an instant uptick in value.

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