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The $100 MBA Show

MBA55 Guest Teacher: Mike Grossman- Price Hacking

The $100 MBA Show

Omar Zenhom

Careers, Marketing, Business, Entrepreneurship

4.91.2K Ratings

🗓️ 20 October 2014

⏱️ 12 minutes

🧾️ Download transcript

Summary

Today in this guest teacher episode, Mike Grossman teaches pricing your products and charge more for what we create. This is an incredibly powerful lesson on price hacking and understanding how to price your products right! Let's get down to business!

Transcript

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0:00.0

Heyo! Welcome to the $100 MBH Show! We where building your successful business is in our best interest

0:16.4

with our daily 10 minute business lessons for the real world.

0:19.8

I'm your host, your coach, your teacher, Omar Inholm.

0:23.2

I'm also the co-founder of the $100 MBA,

0:26.2

a complete business training and community online.

0:29.4

And today is a guest teacher lesson.

0:31.8

Today we have Mike Grossman, a dear friend of mine who's also a master

0:35.6

at pricing your products. If you have the fear of pricing your products too high, you know that

0:41.4

you're worth more, but you don't know how to ask for more, this guy is going to save your life.

0:46.8

Mike Rossman is a marketing strategist with a decade-long career with multinational companies both locally and internationally and recently

0:54.6

he's been applying low-cost and high-effective marketing methods to digital businesses

0:59.8

Mike is the creator and owner of Solid Thumbs Up, a podcast and an online training program for

1:05.1

product developers that specializes in unconventional marketing strategies.

1:10.0

He's also the creator and owner of an online training program for Canadian engineers at

1:14.4

PPE headquarters.

1:16.4

And if you haven't guessed it, he is Canadian and I haven't met a Canadian I didn't like.

1:21.0

So take it away, Mike.

1:22.0

Hello, hello. I'm Mike Grossman. Thank you for

1:24.3

joining me today. Today I'll be teaching you price hacking. So let's get down to

1:28.5

business. What is price happy? Well I want to take you through today setting prices for

1:40.2

digital products. I want to take you through setting them really high. We're talking

1:44.4

e-books, web applications, mobile applications, online training programs, that sort of thing.

...

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