Discounting is for dummies – here’s why (and what to do instead)

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If you’re looking for a huge spike in sales for your business, then I’ve got some news for you — running a sale or discounting your products and services is NOT the right answer. In this video, I explain how discounting can result in long term damage to your business. I also show you what you can do instead to spike sales today and reap the benefits for the long term. Trust me, you don’t want to miss out on this priceless information.

After you’ve watched this video, tell me about a time when you had to deal with a customer negotiating your rates and begging for a discount on your products by leaving a comment here:

http://socialtriggers.com/why-you-should-never-discount/

Also, if you know someone who offers too many discounts, do them (and me) a favor and send them a link to this video.

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8 thoughts on “Discounting is for dummies – here’s why (and what to do instead)

  • August 18, 2020 at 1:11 pm
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    What would you recommend if my product is oriented to one-time gross sales? In case you purchase my product it is 95% that you just will not want yet another in your life. Based on my knowledge provide with a reduction converts higher then the one with out it.

  • August 23, 2020 at 4:56 am
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    Mind blown. Amazing presentation! Just wanted to say thank you so much for this! I definitely intend to try the strategy of adding value instead! Thank you!
    But at the same time I think that people give discounts because discounts run everywhere and in a small money affair, he does not want to lose his customers.

  • August 26, 2020 at 10:18 am
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    I Have to say, there a lot of great info i can learn from u as i might be a future businessman as i going college next year for business study.

  • August 28, 2020 at 4:14 am
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    I personally love the idea of adding value to increase sales! Thanks Derek!

  • September 29, 2020 at 12:55 pm
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    Wow. Thank you for this video. This has really given me an new insight on how I run my business. I have been hustled in the past because of my itch to close that sale and it has left me feeling not so fresh. No more discounts!! Thanks again!

  • October 7, 2020 at 3:31 pm
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    I know they discount courses a lot! Would you recommend to go ahead with them specifying that I don’t want my course to be discounted?

  • October 10, 2020 at 9:35 am
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    Wow. Thank you for this video. This has really given me an new insight on how I run my business. I have been hustled in the past because of my itch to close that sale and it has left me feeling not so fresh. No more discounts!! Thanks again!

  • November 7, 2020 at 5:35 pm
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    Well said. Am a frugal type, and may be inclined to offering discounts. Your video makes sense. And am addicted to giving discount like crazy. My future prospects are not lucky, because am not doing discounts any more. I have been losing money!

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