Value for Customers: Willingness To Pay - Deepstash
Value for Customers: Willingness To Pay

Value for Customers: Willingness To Pay

Focus on increasing willingness to pay (WTP), not just sales.

Go beyond quality and branding to leverage complements that raise WTP.

Like Amazon selling Kindle e-readers and ebooks together.

  • Identify and double down on the few key value drivers that influence customer purchase decisions.
  • Eliminate unnecessary features that don't move WTP.
  • Value for customers creates competitive advantage.

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CURATED FROM

IDEAS CURATED BY

matclar

Diplomatic Services operational officer

The book "Better, Simpler Strategy: A Value-Based Guide to Exceptional Performance" was written by Felix Oberholzer-Gee and was published by Harvard Business Review Press in 2021. The book offers a strategic framework for companies looking to achieve exceptional performance by doing less, and has been named one of the best strategy books of 2021.

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