
"Businesses need to work overtime to ensure their value is still obvious to the people they serve, especially as more Americans are concerned about the cost of living."
"People experiencing financial stress don't always make rational purchasing decisions. It's not enough to have a product or service that can make their lives easier; you have to prove it."
In challenging economic times, businesses must ensure their value is evident to consumers. Customers under financial stress often choose new purchases over maintenance, even when restoration is more cost-effective. Companies should support their claims with studies and testimonials to highlight the value of their offerings. The financial behavior of consumers can be irrational, making it essential for businesses to prove the benefits of their products or services, especially when budgets are tight.
Read at Entrepreneur
Unable to calculate read time
Collection
[
|
...
]