how do you respond to the competition look whatever business you’re in there’s
look whatever business you’re in there’s
look whatever business you’re in there’s going to be tons of competition if
going to be tons of competition if
going to be tons of competition if there’s no direct competition you have
there’s no direct competition you have
there’s no direct competition you have indirect competition you look at
indirect competition you look at
indirect competition you look at something that’s brand-new you look at
something that’s brand-new you look at
something that’s brand-new you look at you look at the the Tesla electric
you look at the the Tesla electric
you look at the the Tesla electric roadsters maybe nobody’s done that
roadsters maybe nobody’s done that
roadsters maybe nobody’s done that before but what our people are buying
before but what our people are buying
before but what our people are buying they’re buying other cars but you always
they’re buying other cars but you always
they’re buying other cars but you always have competition and they’re always
have competition and they’re always
have competition and they’re always going to be aggressive everybody wants
going to be aggressive everybody wants
going to be aggressive everybody wants to win you’re going to have constantly
to win you’re going to have constantly
to win you’re going to have constantly aggressive competition so how do you
aggressive competition so how do you
aggressive competition so how do you respond when they reduce their prices
respond when they reduce their prices
respond when they reduce their prices should you reduce your prices to what do
should you reduce your prices to what do
should you reduce your prices to what do you do as a result the most important
you do as a result the most important
you do as a result the most important thing here is with your business you
thing here is with your business you
thing here is with your business you have to have something that sets you
have to have something that sets you
have to have something that sets you apart ok it’s not just whatever product
apart ok it’s not just whatever product
apart ok it’s not just whatever product or service you’re selling there’s has to
or service you’re selling there’s has to
or service you’re selling there’s has to be something unique about your business
be something unique about your business
be something unique about your business how you offer it so that when people
how you offer it so that when people
how you offer it so that when people come to you they’re not you’ll have a
come to you they’re not you’ll have a
come to you they’re not you’ll have a direct competition that they’re going up
direct competition that they’re going up
direct competition that they’re going up against they’re buying you for a
against they’re buying you for a
against they’re buying you for a specific reason
specific reason
specific reason because nobody can offer the quality of
because nobody can offer the quality of
because nobody can offer the quality of service or the line of product that you
service or the line of product that you
service or the line of product that you have you have to give them a reason to
have you have to give them a reason to
have you have to give them a reason to want to buy from you over somebody else
want to buy from you over somebody else
want to buy from you over somebody else this comes as a result from a question
this comes as a result from a question
this comes as a result from a question of my newsletter list Taiyo who wrote in
of my newsletter list Taiyo who wrote in
of my newsletter list Taiyo who wrote in to say I have a question what’s the best
to say I have a question what’s the best
to say I have a question what’s the best thing to do when a direct competitor
thing to do when a direct competitor
thing to do when a direct competitor reduces their prices do you reduce your
reduces their prices do you reduce your
reduces their prices do you reduce your prices offer discounts have promotions
prices offer discounts have promotions
prices offer discounts have promotions what do you do I look forward to hearing
what do you do I look forward to hearing
what do you do I look forward to hearing from you tie a great question and the
from you tie a great question and the
from you tie a great question and the loser is game is to start reducing your
loser is game is to start reducing your
loser is game is to start reducing your prices because you’re just kind of race
prices because you’re just kind of race
prices because you’re just kind of race to the bottom and you’re going to end up
to the bottom and you’re going to end up
to the bottom and you’re going to end up undercutting each other
undercutting each other
undercutting each other undercutting each other undercutting
undercutting each other undercutting
undercutting each other undercutting each other and end up with no money left
each other and end up with no money left
each other and end up with no money left right entrepreneurs we don’t charge
right entrepreneurs we don’t charge
right entrepreneurs we don’t charge enough and it’s because we’re not
enough and it’s because we’re not
enough and it’s because we’re not bringing enough value you’ve got to
bringing enough value you’ve got to
bringing enough value you’ve got to figure out a way to not work such a
figure out a way to not work such a
figure out a way to not work such a competition and bring more value to your
competition and bring more value to your
competition and bring more value to your customers because there’s always a
customers because there’s always a
customers because there’s always a cheaper option whether it’s your store
cheaper option whether it’s your store
cheaper option whether it’s your store down the street whether it’s a guy
down the street whether it’s a guy
down the street whether it’s a guy online whether it’s your high school you
online whether it’s your high school you
online whether it’s your high school you know nephew there’s always competition
know nephew there’s always competition
know nephew there’s always competition is always a cheaper option going with
is always a cheaper option going with
is always a cheaper option going with you and you don’t want to be the
you and you don’t want to be the
you and you don’t want to be the cheapest option that is never the path
cheapest option that is never the path
cheapest option that is never the path to long-term success you can’t compete
to long-term success you can’t compete
to long-term success you can’t compete on price you have to add more value and
on price you have to add more value and
on price you have to add more value and here’s an example comers will hire me to
here’s an example comers will hire me to
here’s an example comers will hire me to create content for their website okay
create content for their website okay
create content for their website okay you want me to write a blog post for
you want me to write a blog post for
you want me to write a blog post for your site it’s gonna cost you twenty
your site it’s gonna cost you twenty
your site it’s gonna cost you twenty five hundred bucks twenty five hundred
five hundred bucks twenty five hundred
five hundred bucks twenty five hundred bucks maybe that takes me half an hour
bucks maybe that takes me half an hour
bucks maybe that takes me half an hour to write that’s gonna be the best blog
to write that’s gonna be the best blog
to write that’s gonna be the best blog post that’s ever gone up on your site
post that’s ever gone up on your site
post that’s ever gone up on your site you’re gonna have more shares you’re
you’re gonna have more shares you’re
you’re gonna have more shares you’re gonna have more life you’re gonna have
gonna have more life you’re gonna have
gonna have more life you’re gonna have more engagement you’ve ever seen on your
more engagement you’ve ever seen on your
more engagement you’ve ever seen on your website and companies will come to me
website and companies will come to me
website and companies will come to me and say 2,500 bucks you’re like half an
and say 2,500 bucks you’re like half an
and say 2,500 bucks you’re like half an hour of work I could get somebody to do
hour of work I could get somebody to do
hour of work I could get somebody to do it for 500 bucks I get somebody do it
it for 500 bucks I get somebody do it
it for 500 bucks I get somebody do it for 100 bucks you can get people to do
for 100 bucks you can get people to do
for 100 bucks you can get people to do it for free
it for free
it for free I don’t care it’s not going to be as
I don’t care it’s not going to be as
I don’t care it’s not going to be as good you’re coming to me because you
good you’re coming to me because you
good you’re coming to me because you want me because I’ve separated myself
want me because I’ve separated myself
want me because I’ve separated myself I’ve differentiated myself and I’m
I’ve differentiated myself and I’m
I’ve differentiated myself and I’m working with ideal clients if you don’t
working with ideal clients if you don’t
working with ideal clients if you don’t have the budget to Ford that twenty five
have the budget to Ford that twenty five
have the budget to Ford that twenty five hundred bucks
hundred bucks
hundred bucks then I’m not working with you I’m
then I’m not working with you I’m
then I’m not working with you I’m working with different clients and
working with different clients and
working with different clients and you’re gonna have the guys who come to
you’re gonna have the guys who come to
you’re gonna have the guys who come to you only for price you cut your price
you only for price you cut your price
you only for price you cut your price you’re gonna have new clients you raise
you’re gonna have new clients you raise
you’re gonna have new clients you raise your prices those super price conscious
your prices those super price conscious
your prices those super price conscious customers are gonna go those aren’t the
customers are gonna go those aren’t the
customers are gonna go those aren’t the guys you want you want the people who
guys you want you want the people who
guys you want you want the people who see the value in your business and it
see the value in your business and it
see the value in your business and it starts with you adding value so whatever
starts with you adding value so whatever
starts with you adding value so whatever product it is that you’re selling you’ve
product it is that you’re selling you’ve
product it is that you’re selling you’ve got to figure out a way to add more
got to figure out a way to add more
got to figure out a way to add more value to it to either create your own
value to it to either create your own
value to it to either create your own new line to add something to that
new line to add something to that
new line to add something to that products it’s not being sold the exact
products it’s not being sold the exact
products it’s not being sold the exact same product by your competition you add
same product by your competition you add
same product by your competition you add a level of service on top of it that
a level of service on top of it that
a level of service on top of it that nobody can match something you’ve got to
nobody can match something you’ve got to
nobody can match something you’ve got to figure out a way to add more value and
figure out a way to add more value and
figure out a way to add more value and then only work with the clients who are
then only work with the clients who are
then only work with the clients who are ideal clients who love this stuff who
ideal clients who love this stuff who
ideal clients who love this stuff who eat the stuff up people who value the
eat the stuff up people who value the
eat the stuff up people who value the service people who value the extra work
service people who value the extra work
service people who value the extra work you’re putting in and don’t worry about
you’re putting in and don’t worry about
you’re putting in and don’t worry about the rest of the guys let your
the rest of the guys let your
the rest of the guys let your competition
competition
competition fight to the bottom of the barrel for
fight to the bottom of the barrel for
fight to the bottom of the barrel for the low price guys there’s always room
the low price guys there’s always room
the low price guys there’s always room at the top for quality go to the top be
at the top for quality go to the top be
at the top for quality go to the top be the best of what you do attract the
the best of what you do attract the
the best of what you do attract the loyal following and you can charge them
loyal following and you can charge them
loyal following and you can charge them more for whatever you’re selling stop
more for whatever you’re selling stop
more for whatever you’re selling stop worrying about the competition and focus
worrying about the competition and focus
worrying about the competition and focus on adding value to your customer belief
on adding value to your customer belief
on adding value to your customer belief so those are you watching like the video
so those are you watching like the video
so those are you watching like the video please give it a thumbs up below makes
please give it a thumbs up below makes
please give it a thumbs up below makes you want to do more and leave a comment
you want to do more and leave a comment
you want to do more and leave a comment below leave a comment please let me know
below leave a comment please let me know
below leave a comment please let me know what you think you have a question put
what you think you have a question put
what you think you have a question put it below make a video response thank you
it below make a video response thank you
it below make a video response thank you so much and I’ll see you soon
so much and I’ll see you soon
so much and I’ll see you soon you
”
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