{"id":45,"date":"2012-07-13T18:17:14","date_gmt":"2012-07-13T18:17:14","guid":{"rendered":"http:\/\/www.wensmedia.com\/\/salesarchive\/permalink\/2012\/7\/13\/141714.html"},"modified":"2012-07-13T18:17:14","modified_gmt":"2012-07-13T18:17:14","slug":"hypocritical-pricing","status":"publish","type":"post","link":"https:\/\/www.ensmediausa.com\/ens-on-sales\/uncategorized\/hypocritical-pricing\/","title":{"rendered":"Hypocritical Pricing"},"content":{"rendered":"<p>&nbsp;<\/p>\n<div style=\"text-align: center; margin: 0in 0in 0pt\"><span style=\"font-family: Arial\"><b>Hypocritical Pricing<\/b><\/span><\/div>\n<div style=\"text-align: center; margin: 0in 0in 0pt\">&nbsp;<\/div>\n<div style=\"text-align: justify; margin: 0in 0in 0pt\"><span>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/span><span style=\"font-family: Arial\"> Would you agree that being customer-focused, or placing customers&rsquo; needs first in your marketing strategy, is essential to building a sustainable business?<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Would you also agree that the airline industry probably has one of the least customer-friendly reputations in all of North America?<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If you agree somewhat to these two statements, would it seem reasonable that a customer-focused organization would adopt the airline industry&rsquo;s supply and demand pricing model?<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Supply-and-demand pricing and customer-focused marketing models are incongruent with each other. &nbsp;The airline industry uses a supply and demand pricing model, gouging&nbsp;their customers when&nbsp;customers need them most, like at Christmas, and selling at a loss when&nbsp;most don&#8217;t need to fly.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Customers know that fuel and crew costs do not go up with passenger demand and they resent being gouged when they need the airline most.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ironically, this same pricing model is also responsible for one of the most financially troubled industries in North America today&hellip;four out of six major airlines are in bankruptcy protection!! <br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; I have yet to hear a convincing argument that supply and demand pricing and customer-focused marketing are compatible models.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Advertisers do not receive more value, more audience, better service, more brand awareness or more sales because we are nearing sold-out positions, just as they do not receive less value, audience, margins or service when you can shoot a cannon through your log. <br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marketers who default to supply and demand gouging or discounting do so for one of two reasons:<\/span><\/div>\n<div style=\"text-align: justify; margin: 0in 0in 0pt\"><span style=\"font-family: Arial\">1.) They do not care about, or have confidence in, the value they deliver,<\/span><\/div>\n<div style=\"text-align: justify; margin: 0in 0in 0pt\"><span style=\"font-family: Arial\">OR<\/span><\/div>\n<div style=\"text-align: justify; text-indent: -0.25in; margin: 0in 0in 0pt 0.25in\"><span style=\"font-family: Arial\">2.) They have not trained their sales people to sell their product for what it&rsquo;s worth in slower demand seasons resulting in the need to make up for that weakness in high<span style=\"color: red\"> demand seasons.<\/span><\/span><\/div>\n<div style=\"text-align: justify; margin: 0in 0in 0pt\"><span style=\"font-family: Arial\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oh, I almost forgot one other reason for hypocritical pricing&hellip;.followersyndrome&#8230; &ldquo;We have to sell cheap in slow times because our competitors do&rdquo;, is not an excuse that leaders use.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Selling is simply an exchange of value. The seller delivers value and receives value (money) in exchange for that value. &nbsp;It is not &lsquo;selling&rsquo; if the seller does not realize value too.<br \/>\n&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If you have made a conscious decision to engage in customer-focused selling, then you must build your rate grids around value&hellip;..value to your customers, and value to your stations, 12 months of the year.<\/span><\/div>\n<div style=\"text-align: justify; margin: 0in 0in 0pt\"><span style=\"font-family: Arial\">&nbsp;<\/span><\/div>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Hypocritical Pricing &nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Would you agree that being customer-focused, or placing customers&rsquo; needs first in your marketing strategy, is essential to building a sustainable business? &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Would you also agree that the airline industry probably has one of the least customer-friendly reputations in all of North America? &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; If you agree somewhat to [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-45","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - 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