Choose the middle.

One of the most fascinating aspects of marketing to me is the way thathuman psychology changes how we respond to marketing tactics.   Pricing is particularly interesting because economists tell us that we’re all supposed to beprofit-maximizing automatons and want...

Left, left…left, right, left

Try the pen in the other hand…   Last week I wrote about the book that I read on the way to Philadelphia… today, it’s about the book I read on the way back! It was a quick read.. “Thought Revolution” by William A. Donius. The main premise is that you can access your...

Networking is about giving first.

My BNI Chapter I’m writing this from my hotel room in the Steinberg Conference Center at the University of Pennsylvania. I’m here helping with a Wharton Executive Education class this week. On the flight over these great United States, I read “Networking is a Contact...

Testing, testing, 1, 2, 3.

Did you know that I was a chemical engineering major as an undergrad?     While I don’t mess with test tubes in a lab anymore, I do believe in continually testing marketing efforts.   For example,  you are receiving this newsletter on a Wednesday and last week’s was...

Pricing for Profits. Unbundle

Last week I gave a concrete example of when you might want to bundle your services to net more profits. Today, I’m going to talk about when you might want to unbundle. First, what do I mean by unbundling? It’s charging a base price and then offering additional options...