Mastering Pricing Strategies with Per Sjöfors | Josh Kosnick [Video]

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Welcome back to another episode of Spartan Leadership! In this episode, your host Josh Kosnick sits down with Per Sjöfors, also known as "The Price Whisperer," to delve deep into the intricacies of pricing strategies.Timestamps:0:00 - Intro and the Psychological Struggle of Increasing Prices0:18 - Incremental Price Increases and Testing New Strategies0:39 - Evaluating Sales Volume and Margins0:58 - Welcoming Per Sjöfors: Background and Expertise1:33 - Per’s Journey and the Importance of Pricing in Business2:25 - Developing a Pricing Process3:13 - The Impact of Company Actions on Pricing4:40 - Importance of Pricing Research6:28 - Common Pricing Mistakes8:12 - The 1% Challenge and Its Impact on Profit10:14 - The Psychology of Pricing12:21 - Real-World Pricing Examples14:14 - Changing Positioning to Increase Prices16:05 - The Importance of Profit for Business Sustainability18:01 - Willingness to Pay and Pricing Research21:33 - Good, Better, Best Pricing Strategy24:02 - The Role of AI and Big Data in Pricing28:00 - The Perception of Value in Service-Based Businesses30:29 - Using OKRs to Align Company Vision and Pricing34:34 - Final Advice for Struggling Businesses36:17 - Resources and Books for Pricing Strategies42:30 - Unpopular Beliefs and Final ThoughtsAbout Our Guest: Per Sjöfors is a globally recognized expert in pricing strategies and the founder of Sjöfors & Partners. Known as "The Price Whisperer," Per has dedicated his career to helping companies optimize their pricing and boost profitability. Originally from Sweden and now based in Los Angeles, Per brings a wealth of knowledge and unique insights into the world of pricing.Connect with Per Sjöfors:Website: sjoefors.comLinkedIn: Per SjöforsTwitter: @PriceWhispererDon't forget to like, subscribe, and leave a comment! Let us know what you found most valuable from this episode. Share this video with fellow entrepreneurs and business leaders who can benefit from these insights.

I will discuss the subtle yet powerful indicators that you are excelling in your career and reaching your professional potential.“The only way to do great work is to love what you do.” — Steve Jobs, former CEO of AppleIn today’s fast-paced and competitive work environment, it is natural to wonder how you measure up. You may be asking yourself questions such as:Am I just getting by?Am I truly excelling in my role?Am I making an impact that will get me promoted?While success in your career can be defined in many ways, certain telltale signs indicate that you are not just meeting expectations but surpassing them.These signs tell you that you are doing good at your job.“Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful.” — Albert Schweitzer, a polymathWhether you are a seasoned pro or just started in the workforce, these 10 signs can help you gauge your performance and offer valuable insights into your professional standing in the workplace.“The difference between ordinary and extraordinary is that little extra.” — Jimmy Johnson, an American sports coachLet’s dive into the subtle yet significant ways you might be shining in your career without even realizing it.📒 Show Notes and Resources 📒TIMECODES ⏰00:18 Mastering Your Career: 10 Subtle Signs You're Excelling at Work01:21 You consistently meet or exceed deadlines01:41 Your colleagues often seek your advice or input02:05 You receive positive feedback from superiors and clients02:46 You are given increasing responsibility over time03:09 You can adapt quickly to changes at work03:24 You maintain a positive attitude, even during challenging times03:45 Your work requires minimal corrections or revisions04:08 You are often asked to represent your team or department04:30 You take initiative on projects without being prompted04:57 You have a strong understanding of your company’s goals and how your role contributes to them05:20 Bringing It All TogetherOur mission here at Knowledge Enthusiast is to help you with weekly tips on improving your professional and personal life.Connect with Matthew Royse on Social Media:https://matthewroyse.com/https://www.linkedin.com/in/matthewroysehttps://mattroyse.medium.com/https://twitter.com/mattroyse#knowledgeenthusiast #matthewroyse #mattroyseQUESTION—Do you have a question about your job, career, work, life, or anything else? Post it in the comments section of this video!About: In this video, Matthew Royse from Knowledge Enthusiast shares 10 signs that you are good at your job. By recognizing these signs, you can understand your value and potential at work. This article is not about patting yourself on the back. It’s about taking a moment to appreciate your efforts and positive workplace impact. Remember that excellence at work isn’t a destination. It is an ongoing journey of personal growth and self-improvement. Even if you don’t tick all these boxes yet, these signs point to growth opportunities. Being good at your job is not about personal success but contributing to a thriving workplace that pushes your team, department, and organization forward. The most successful professionals remain self-aware, seek feedback on their work performance, and strive to improve constantly. When you are aware of these signs and continually improve your skills, you are not only just good at your job; you are setting yourself up for an impactful career that is meaningful and rewarding.

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