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Mind Your Own Small Business Ep. 6 - Perceived Value
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In this episode of Mind Your Own Small Business, we dive into the topic of how we judge the value of a product. Whether you're a small business owner trying to price your products or a consumer trying to decide whether to make a purchase, understanding how we perceive value is crucial. We discuss the different factors that influence our perception of value, including quality, price, brand reputation, and customer experience. We also share strategies for small business owners to increase the perceived value of their products and services, such as offering personalized experiences and emphasizing the unique features of their offerings. Join us as we explore the fascinating world of perceived value and learn how it can impact the success of your small business.
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