Fail To Learn: Teaching Stories From Business, Sales, Marketing, Coaching, Blogging, Freelance, & Entrepreneurs.

FtL 42: Cheap Pricing Disaster Shows You How To Raise Your Prices, And Keep Clients

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Synopsis

Joe Kashurba, from Agency Accelerator, manages 6 figure marketing budgets for some of the largest companies in their industry. Yet, it wasn’t always easy for him. He started off as a web designer. That’s where he made his money. As he watched the rise of Squarespace, and other website building providers (aka websites for dummies), he decided to build a competitor. Joe spent over a year of his time and money building and trying to sell this to local businesses. It was a disaster. But he learned a lot, and you will too. Because that’s what we talk about in today’s show. Here’s what Joe and I discuss: Why Joe thought creating the website builder was a good idea. How he divided it up for unique niches. Why he couldn’t give it away, even after building the sites for customers. How his niching strategy was a poor plan, and what he would do different today. Why he didn’t make the decision to quit when first realized it wasn’t working. How he targeted the wrong type of customer who didn’t value what he was providing