The 14,000 Dollar Bicycle

Post on 15-Jan-2015

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http://kevinoefelein.com I planned on talking about how to command premium prices today, and then BAM… I serendipitously stumbled upon this headline: “Gucci Debuts $14k Bicycle” That is not a typo. We’re talking about a fourteen thousand dollar bike. And get this… It’s not even that great of a bike. It doesn’t come with any of the suspension or fender features that the manufacturer’s next most expensive bike has. And this one costs 4 times the price. But the out of pocket experience isn’t over with that. To complete the look, Gucci offers an $890 bicycle helmet, with Gucci logo naturally, and a $105 water bottle. Not bad for $15k right? OK. Now I know what you’re thinking… This is Gucci, a very well known and a very well known-to-be-expensive brand. They can “get away” with charging these prices, but I can’t. That’s where you’re wrong. Very wrong. You see, the number one way to command high prices and fees is simple… And it’s the key to pretty much getting anything else you want in life. Simply ask for it. That’s it. That’s the key. Dan Kennedy, probably the premiere expert at commanding high fees, says that getting high fees comes down to asking for them, and knowing how to keep a straight face. (loose quote) Just ask for the high fees and keep a straight face. Pretty simple, huh? And the fact is this… Doing so benefits everyone. You see, commanding high fees isn’t all about greed. It’s actually about helping your clients and customers. You see, if you have the ability to command high fees and prices, you have the ability to deliver higher quality products and services… And your commanding high fees can give your clients the obvious benefit of receiving better service and attention. Now what are you waiting for? Raise your prices. It’s in your clients and customers’ interest.

Transcript of The 14,000 Dollar Bicycle

The 14,000 Dollar Bicycle

(How to Command High Fees)

The $14000 Bike: How to Command High Fees

I planned on talking about how to command premium prices today,

and then BAM…

The $14000 Bike: How to Command High Fees

I serendipitously stumbled upon this headline:

The $14000 Bike: How to Command High Fees

“Gucci Debuts $14k Bicycle”

The $14000 Bike: How to Command High Fees

That is not a typo. We’re talking about a fourteen thousand dollar

bike.

The $14000 Bike: How to Command High Fees

And get this…

The $14000 Bike: How to Command High Fees

It’s not even that great of a bike.

The $14000 Bike: How to Command High Fees

It doesn’t come with any of the suspension or fender features that

the manufacturer’s next most expensive bike has.

The $14000 Bike: How to Command High Fees

And this one costs 4 times the price.

The $14000 Bike: How to Command High Fees

But the out of pocket experience isn’t over with that.

The $14000 Bike: How to Command High Fees

To complete the look, Gucci offers an $890 bicycle helmet, with Gucci

logo naturally, and a $105 water bottle.

The $14000 Bike: How to Command High Fees

Not bad for $15k right?

The $14000 Bike: How to Command High Fees

OK. Now I know what you’re thinking…

The $14000 Bike: How to Command High Fees

This is Gucci, a very well known and a very well known-to-be-

expensive brand.

The $14000 Bike: How to Command High Fees

They can “get away” with charging these prices, but I can’t.

The $14000 Bike: How to Command High Fees

That’s where you’re wrong.

The $14000 Bike: How to Command High Fees

Very wrong.

The $14000 Bike: How to Command High Fees

You see, the number one way to command high prices and fees is

simple…

The $14000 Bike: How to Command High Fees

And it’s the key to pretty much getting anything else you want in

life.

The $14000 Bike: How to Command High Fees

Simply ask for it.

The $14000 Bike: How to Command High Fees

That’s it. That’s the key.

The $14000 Bike: How to Command High Fees

Dan Kennedy, probably the premiere expert at commanding high fees, says that getting high

fees comes down to…

The $14000 Bike: How to Command High Fees

Asking for them, and knowing how to keep a straight face. (loose

quote)

The $14000 Bike: How to Command High Fees

Just ask for the high fees and keep a straight face.

The $14000 Bike: How to Command High Fees

Pretty simple, huh?

The $14000 Bike: How to Command High Fees

And the fact is this…

The $14000 Bike: How to Command High Fees

Doing so benefits everyone.

The $14000 Bike: How to Command High Fees

You see, commanding high fees isn’t all about greed.

The $14000 Bike: How to Command High Fees

It’s actually about helping your clients and customers.

The $14000 Bike: How to Command High Fees

You see, if you have the ability to command high fees and prices…

The $14000 Bike: How to Command High Fees

You have the ability to deliver higher quality products and

services…

The $14000 Bike: How to Command High Fees

And your commanding high fees can give your clients the obvious benefit of receiving better service

and attention.

The $14000 Bike: How to Command High Fees

Now what are you waiting for?

The $14000 Bike: How to Command High Fees

Raise your prices. It’s in your clients and customers’ interest.

Until Next Time…

Until next time,

Kevin Oefelein

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