Comments on: Value – Is It Possible To Give Too Much? http://cathlawson.com/2008/07/01/value-is-it-possible-to-give-too-much/ Bold Advice For Success In Business & Life Thu, 09 Sep 2010 16:45:10 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: cathlawson http://cathlawson.com/2008/07/01/value-is-it-possible-to-give-too-much/comment-page-1/#comment-9776 cathlawson Tue, 01 Jul 2008 21:39:04 +0000 http://cathlawson.com/blog/?p=504#comment-9776 Hi Marelisa - 6 years is pretty good going for a PC. So it sounds like innovation is just as important as reliability. Hi Louise - So innovation is important to you too. But if there's nothing new out there - you would go for the best price. That is interesting. Hi Marelisa – 6 years is pretty good going for a PC. So it sounds like innovation is just as important as reliability.

Hi Louise – So innovation is important to you too. But if there’s nothing new out there – you would go for the best price. That is interesting.

]]> By: Louise http://cathlawson.com/2008/07/01/value-is-it-possible-to-give-too-much/comment-page-1/#comment-9773 Louise Tue, 01 Jul 2008 18:17:47 +0000 http://cathlawson.com/blog/?p=504#comment-9773 I am often an early adopter of new technologies, so I may pay more for the first product in its class to make it to the market. By the time it needs replacing, however, there are usually other options available at much less price. If the original brand hasn't come out with something new and spiffy that catches my attention, I will probably go with the cheaper version that gets the job done. I guess the lesson from this is that sometimes a company has to choose between being the innovator and being price conscious. <em>Louise's last blog post..<a href='http://new-orleans-food.com/index.php/2008/06/24/new-orleans-recipes/red-lobster-recipes-shrimp-scampi/' rel="nofollow">Red Lobster Recipes: Shrimp Scampi</a></em> I am often an early adopter of new technologies, so I may pay more for the first product in its class to make it to the market.

By the time it needs replacing, however, there are usually other options available at much less price. If the original brand hasn’t come out with something new and spiffy that catches my attention, I will probably go with the cheaper version that gets the job done.

I guess the lesson from this is that sometimes a company has to choose between being the innovator and being price conscious.

Louise’s last blog post..Red Lobster Recipes: Shrimp Scampi

]]> By: Marelisa http://cathlawson.com/2008/07/01/value-is-it-possible-to-give-too-much/comment-page-1/#comment-9770 Marelisa Tue, 01 Jul 2008 15:23:32 +0000 http://cathlawson.com/blog/?p=504#comment-9770 @Cath: Wow, those sound like really good boots. I have a Dell computer that I've had forever (going on 6 years) and it's served me well. I want a new computer and Dell is definitely a brand that is at the top of the list. That doesn't mean that I'm not going to check what else is out there before making my final decision. Creating customer loyalty is not enough; you also have to make sure that you're constantly improving your product in comparison to what else is out there. C'est la vie. <em>Marelisa's last blog post..<a href='http://abundance-blog.marelisa-online.com/?p=163' rel="nofollow">How Gratitude Can Change Your Life</a></em> @Cath: Wow, those sound like really good boots. I have a Dell computer that I’ve had forever (going on 6 years) and it’s served me well. I want a new computer and Dell is definitely a brand that is at the top of the list. That doesn’t mean that I’m not going to check what else is out there before making my final decision. Creating customer loyalty is not enough; you also have to make sure that you’re constantly improving your product in comparison to what else is out there. C’est la vie.

Marelisa’s last blog post..How Gratitude Can Change Your Life

]]> By: cathlawson http://cathlawson.com/2008/07/01/value-is-it-possible-to-give-too-much/comment-page-1/#comment-9767 cathlawson Tue, 01 Jul 2008 08:59:06 +0000 http://cathlawson.com/blog/?p=504#comment-9767 Hi Vered - that is very true - maybe Berghaus don't need to do anything else. I'm already considering using the inferior brand for flat walks only and getting the Berghaus ones for hills. I had real trouble walking down steep hills in the inferior ones - it really hurt my toes when my feet pushed forward and I don't recall feeling that pain with Berghaus boots. Hi Nicole - Like you - I don't shop much either and prefer to find what I need when there is a sale. Hopefully we'll get a response from some shopaholics. Hi Barbara - that is a good point. A particular brand may not be producing a product with as high a quality a few years later. I hadn't thought of that. So it sounds like you would be more likely to go back and buy if you were given more value during the initial sale and that would stick in your mind. That is interesting and I'm guessing that a few readers could use that idea and apply it to their own business. Hi Vered – that is very true – maybe Berghaus don’t need to do anything else. I’m already considering using the inferior brand for flat walks only and getting the Berghaus ones for hills. I had real trouble walking down steep hills in the inferior ones – it really hurt my toes when my feet pushed forward and I don’t recall feeling that pain with Berghaus boots.

Hi Nicole – Like you – I don’t shop much either and prefer to find what I need when there is a sale. Hopefully we’ll get a response from some shopaholics.

Hi Barbara – that is a good point. A particular brand may not be producing a product with as high a quality a few years later. I hadn’t thought of that.

So it sounds like you would be more likely to go back and buy if you were given more value during the initial sale and that would stick in your mind. That is interesting and I’m guessing that a few readers could use that idea and apply it to their own business.

]]> By: Barbara Swafford http://cathlawson.com/2008/07/01/value-is-it-possible-to-give-too-much/comment-page-1/#comment-9762 Barbara Swafford Tue, 01 Jul 2008 07:44:25 +0000 http://cathlawson.com/blog/?p=504#comment-9762 Hi Catherine, I do believe, SOMETIMES we get what we pay for. If I'm looking to replace a certain item, if I've been happy with the brand I had been using, I am more apt to buy that brand again. However, I also check online reviews. What was once a great brand may now be of lower quality, for numerous reasons. Getting customers to come back after an initial purchase could be a tough one. Even if you give it your best shot, consumer loyalty won't necessarily guarantee a future sale. However, giving a customer a little more than what they paid for will sometimes leave a lasting impression on the buyer. <em>Barbara Swafford's last blog post..<a href='http://feeds.feedburner.com/~r/bloggingwithoutablog/DWWZ/~3/323808149/' rel="nofollow">NBOTW Author Says “Life Is A Jungle”</a></em> Hi Catherine,

I do believe, SOMETIMES we get what we pay for.

If I’m looking to replace a certain item, if I’ve been happy with the brand I had been using, I am more apt to buy that brand again. However, I also check online reviews. What was once a great brand may now be of lower quality, for numerous reasons.

Getting customers to come back after an initial purchase could be a tough one. Even if you give it your best shot, consumer loyalty won’t necessarily guarantee a future sale. However, giving a customer a little more than what they paid for will sometimes leave a lasting impression on the buyer.

Barbara Swafford’s last blog post..NBOTW Author Says “Life Is A Jungle”

]]> By: nicole http://cathlawson.com/2008/07/01/value-is-it-possible-to-give-too-much/comment-page-1/#comment-9761 nicole Tue, 01 Jul 2008 05:47:03 +0000 http://cathlawson.com/blog/?p=504#comment-9761 I'm not sure if I didn't choose a product that served me well a second time. Mh, maybe Jeans that I loved years ago and are overpriced by now? Running shoes? Maybe. I don't know. I usually am going for the sales and the reduced products and I go shopping rarely, so I'm probably not the right person to ask ;) I’m not sure if I didn’t choose a product that served me well a second time. Mh, maybe Jeans that I loved years ago and are overpriced by now? Running shoes? Maybe. I don’t know. I usually am going for the sales and the reduced products and I go shopping rarely, so I’m probably not the right person to ask ;)

]]> By: vered http://cathlawson.com/2008/07/01/value-is-it-possible-to-give-too-much/comment-page-1/#comment-9760 vered Tue, 01 Jul 2008 03:43:47 +0000 http://cathlawson.com/blog/?p=504#comment-9760 This never happened to me! I am very loyal and I tend to go back to companies that I trust. I actually think that in your case too, you sound like the original company still has your loyalty and you WILL get back to them, so I would say that the most important thing is a high quality product/ impeccable service. <em>vered's last blog post..<a href='http://momgrind.com/2008/06/30/what-is-papier-mache-anyway-best-shot-monday/' rel="nofollow">Best Shot Monday: Random Thoughts On Paper Mache, Connectivity and Television</a></em> This never happened to me! I am very loyal and I tend to go back to companies that I trust. I actually think that in your case too, you sound like the original company still has your loyalty and you WILL get back to them, so I would say that the most important thing is a high quality product/ impeccable service.

vered’s last blog post..Best Shot Monday: Random Thoughts On Paper Mache, Connectivity and Television

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