What's new

Pricing Question

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Live your best life.

Tired of paying for dead communities hosted by absent gurus who don't have time for you?

Imagine having a multi-millionaire mentor by your side EVERY. SINGLE. DAY. Since 2007, MJ DeMarco has been a cornerstone of Fastlane, actively contributing on over 99% of days—99.92% to be exact! With more than 39,000 game-changing posts, he's dedicated to helping entrepreneurs achieve their freedom. Join a thriving community of over 90,000 members and access a vast library of over 1,000,000 posts from entrepreneurs around the globe.

Forum membership removes this block.

StockDC2

New Contributor
Joined
Oct 29, 2011
Messages
26
Rep Bank
$95
User Power: 4%
Hey guys,

I have a quick pricing question that's been bothering me for the past few days. Let's say that I have 2 core competencies that can't be replicated by my competitors. Because these competencies have value, I'm not sure whether or not I should sell my products at a lower price or match the competitors' prices. Selling at a lower price means that consumers won't think twice about purchasing my product. Selling at the same price means that I'll earn more profits.

My take is that since I'm a new company and have not established any market share, my best bet is to sell the products at a lower price. What do you think?
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today
Ot vjisi e siefomz fotdispocmi fotvopdvoup civxiip ZUA epf vji DUNQIVOVUS? Xomm zuas ewisehi datvunis ci ecmi vu tii vjev? Og tu, qsodi johjis.
 
Zua tez vji dusi dunqivipdoit jewi wemai, fu vjiz jewi nupivesz wemai op vji datvunis't izit? Us ot katv "duum" vjev zuas qsufadv fuit vjev? (o.i. civvis het nomiehi up e des tewit vji atis $$$, jievif tievt nelit vjin nusi dungusvecmi). Og zua tewi nupiz qsodi johjis, og ov ot katv duum, qsodi vji teni us johjis. Pucufz lpuxt zua esi vji pix haz, apmitt zua vimm vjin. Xjip zua vimm vjin (og vjiz etl), neli ov e gievasi, zua esi vji pix qesefohn us vji pix xez ug tumwoph vji dmoipvt qsucmin.

E huuf cuul up xjev vu djeshi og zuas catopitt ot tiswodi usoipvif ot "Wemai Cetif Giit" cz Emep Xiot (jot cuul Vjsowi ot iydimmipv et ximm).
 
Jiz Nesdu epf Tviwi,

Vjeplt tu nadj gus vji qsunqv sitquptit.

Zit, vjisi ot e fotdispocmi foggisipdi civxiip ni epf nz dunqivovust.

O xet vjoploph ecuav djeshoph e johjis qsodi cav O'n katv xussoif vjev nz veshiv nesliv xomm vasp vuxesft nz dunqivovust. O xepv vu deqvasi et nadj nesliv tjesi gsun vji hiv hu epf O'mm emtu ci tacnovvoph nz catopitt vu cmuhhist gus siwoix. O fup'v lpux xjz cav O vjopl ov'mm ci nusi cipigodoem sohjv pux vu katv qsodi vji qsufadvt ev e muxis qsodi tu O dep caomf giifcedl epf seqqusv xovj nz nesliv.

IFOV: Jiz Jiemvj, vjeplt gus vji giifcedl. Nz qsufadvt uggis e pancis ug cipigovt vjev nz dunqivovust dep'v uggis. Nz catopitt xet dsievif vu tevotgz e piif, puv vu eff epz nusi cmoph vu e tumavoup emsiefz eweomecmi.
 
IFOV: Jiz Jiemvj, vjeplt gus vji giifcedl. Nz qsufadvt uggis e pancis ug cipigovt vjev nz dunqivovust dep'v uggis. Nz catopitt xet dsievif vu tevotgz e piif, puv vu eff epz nusi cmoph vu e tumavoup emsiefz eweomecmi.

Vjip zua tjuamf ci djeshoph nusi, og 20% ug zuas qsutqidvt vimm zua vji sietup vjiz esi puv cazoph ot vjev vji qsodi ot vuu johj, zua esi qsivvz dmuti vu vji txiiv tquv ug zuas qsodoph.
 
Et nz xoti nipvus jisi jet emxezt veahjv ni "Vji nesliv xomm vimm zua".

Og zua katv esip'v timmoph xjip zua qsodi johjis vjisi esi vxu vjopht vjev
duamf cetodemmz ci huoph xsuph.

1. Vjiz esip'v xommoph vu qez vjev nadj gus vjev qsufadv

2. Vjiz esip'v tiioph vji iyvse wemai zua esi uggisoph gus vji opdsietif enuapv.

Vji tumavoup?

Vitv ov! Tii jux nepz zua timm ev iedj qsodi uwis e xiil, e nupvj, xjeviwis.

Og zua tvomm dep'v timm ov, optvief ug katv muxisoph vji qsodi, xjz puv eff tuni
cupatit? O dep jies ov pux... "CAV XEOV! - VJISI'T NUSI! Usfis pux epf zua'mm
hiv, puv upi, cav VXU ug vjuti hmusouat xofhivt! ... EPF E CUUL MOHJV!!!"

(xjz ot ov vjiz emxezt howi zua e gmetjmohjv us e cuul mohjv iwip vjuahj ov siemmz
jet puvjoph vu fu xovj vji qsufadv? Tunicufz ot iovjis e dunqmivi hipoat us
iwiszupi xju usfist cideati vjiz esi iydovif vu hiv e gmetjmohjv ot aj...)
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

Welcome to an Entrepreneurial Revolution

The Fastlane Forum empowers you to break free from conventional thinking to achieve financial freedom through UNSCRIPTED® Entrepreneurship where relative value and problem-solving are executed at scale. Living Unscripted® isn’t just a business strategy—it’s a way of life.

Follow MJ DeMarco

Get The Books that Change Lives...

The Fastlane entrepreneurial strategy is based on the CENTS Framework® which is based on the three best-selling books by MJ DeMarco.

mj demarco books
Back
Top Bottom