Strategic Thinking & Strategic Action

Fostering strategic thinking and strategic action by organizational leaders since 2007.

Your pricing says it all… But what does it say?
Strategy Lee Crumbaugh Strategy Lee Crumbaugh

Your pricing says it all… But what does it say?

If your business is typical of many that I work with, your customer list is a collection of those customers who fit your ideal client avatar and those who don’t. The ones who don’t deliver you enough revenue, or who resist paying a higher, more realistic price, or who are a pain to serve likely are in your customer portfolio because of one of two reasons: Either when you started out you didn’t really know who you wanted or were best equipped to serve. Or you took them on because you needed revenue and customers and you felt that you could not be picky. (Anyone breathing who offered you money looked great!)

Sound familiar?

The fundamental concept to get your head around if your customer base does not align with the ideal customer you are seeking is that of price positioning.

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Demand a great brand!
Strategy Lee Crumbaugh Strategy Lee Crumbaugh

Demand a great brand!

I have been editing the second edition of the seminal book on strategy for strategy professionals, Strategy in the 21st Century, written by my friend and professional colleague Randy Rollinson. It references developing a clear brand as a key driver of strategic success. Amen! That echoes what I know: Success demands great strategy and a great brand.

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