Search results “Product is a commodity”
What is a Commodity?
Our word of the day is “Commodity” Commodities are the raw materials humans use to create a livable world. Humans use energy to sustain themselves, metals to build weapons and tools, and agricultural products to feed themselves. These — energy, metals, and agricultural products — are the three classes of commodities, and they are the essential building blocks of the global economy. Commodities are most often used as inputs in the production of other goods or services. The quality of a given commodity may differ slightly, but it is essentially uniform across producers. When they are traded on an exchange, commodities must also meet specified minimum standards, also known as a basis grade. The commodity has to be tradable, meaning there needs to be a viable investment vehicle to help you trade it. For example, a commodity is included if it has a futures contract assigned to it on one of the major exchanges, or if a company processes it, or if there’s an ETF that tracks it. All the commodities have to be physically deliverable. Crude oil is included because it can be delivered in barrels, and wheat is included because it can be delivered by the bushel. Every commodity has an active market with buyers and sellers constantly transacting with each other. Liquidity is critical because it gives you the option of getting in and out of an investment without having to face the difficulty of trying to find a buyer or seller for your securities. By Barry Norman, Investors Trading Academy
How to Sell a Product that Seems Like a Commodity
Learn three tips to sell a product that seems like a commodity to prospects. For more videos just like this, please head on over to http://www.marcwayshak.com/opt1 Do you sell a product or service as though it’s a commodity? Let’s actually define what a commodity is. Wikipedia defines a commodity as a class of goods for which there’s demand, but which is supplied without quality in differentiation across a market. In other words, no distinction, but people want it. In a product/service without differentiation or distinction from other options, you’ll see that the buying decision comes down to only one factor. And what is that factor? Of course, you’re probably thinking “price.” In this video I’m going to share with you how to sell a product that seems like a commodity, but you’ll be able to create so much more value. Check it out! #1. Stop selling a commodity. I don’t mean stop selling what you actually sell, but I’m saying you should stop focusing on price as the primary determinant for why someone should buy from you. Instead, identify why your current clients are actually buying from you right now (other than for price). Reflect upon all of that value that you create in the lives of your prospects or in your existing customers, and start to focus on that as opposed to the commodity value (price) of what you’re selling. #2. Focus only on the value that you actually bring. Again, this is not about selling the specific commoditized product or service. Instead, it’s about what is the real value that you bring to the table. Give up on the idea that you can be the lowest-price provider unless, of course, you’re Walmart. After all, you won’t effectively make money as the lowest-price provider. It’s time to focus on the value that you can really deliver. What are some of those intangibles that attract your customer to you? #3. Solve your prospects’ challenges. Your prospects don’t buy from you because you have the lowest price—at least hopefully they don’t buy from you simply because you offer the lowest price. They typically are buying because you solved some particular set of challenges for them. What are your prospects most challenged by? Ask them to find out. Have conversations set up with those prospects as well as customers to learn what their biggest challenges are. And then all you have to do is craft a solution to solve those problems. So that’s three superb ways to sell a commodity or a product/service that seems like a commodity. Which of these three ideas did you find most useful? I want to hear from you, so be sure to share below in the comment section, and I will respond to every single comment. For more videos on how to sell your product or service, be sure to search YouTube for: “how to close the sale” “close more sales” “closing techniques” “best sales strategies” “best sales techniques” “closing the sale” “how to sell” “how to avoid selling on price” “sale techniques” “sales strategies” “sales strategy” “sales techniques” “sales techniques training” “sales training techniques” “strategies to increase sales”
Views: 3938 Marc Wayshak
Transforming Commodity Products to Value Offerings
Enterprises in multiple B2B industries have been able to overcome the commoditization of their products by using value to create offerings that were differentiated from competitors. Get insights on transforming commodities to value offerings from sought after value expert Dr. George Cressman. See the financial impact of value-based initiates and actual examples of steps that specialty chemical, manufacturing, medical device, and food service enterprises took to… - Look beyond core products to create differentiated value offerings - Capture value in pricing and product development - Create value stories to aid sales conversations Dr. Cressman has a unique 30 year perspective on value and has witnessed it transform multiple B2B industries. Don’t miss your opportunity to gain insights that can help differentiate your products from competitors.
Views: 715 LeveragePoint
Selling a Premium Product in a Commodity World - Part 1: Getting Clear
This is part of our of Facebook Live Series on Selling a Premium Product in a Commodity World. This part is part 1 on Getting Clear. Go to http://billcaskey.com to learn more!
Views: 163 Bill Caskey
Selling a Premium Product in a Commodity World - Q & A
This is part of our of Facebook Live Series on Selling a Premium Product in a Commodity World. This is the Live Q&A Session. Go to http://billcaskey.com to learn more!
Views: 125 Bill Caskey
Top 10 Best-Selling Retail Products
These commodities are the cream-of-the-crop, generating respect – and dollars – from the everyday consumer. Join http://www.WatchMojo.com as we count down our picks for the Top 10 Most Successful Retail Products. Click here to subscribe: http://www.youtube.com/subscription_center?add_user=watchmojo or visit our channel page here: http://www.youtube.com/watchmojo Also, check out our interactive Suggestion Tool at http://www.WatchMojo.com/suggest :) Check us out at http://www.Twitter.com/WatchMojo, http://instagram.com/watchmojo and http://www.Facebook.com/WatchMojo. Special thanks to our users mattwatchmojo and ian_a_wm2014 for submitting the idea on our Suggestions Page at http://www.WatchMojo.com/suggest Check out the voting page here, http://watchmojo.com/suggest/Most+Successful+Branded+Products If you want to suggest an idea for a WatchMojo video, check out our interactive Suggestion Tool at http://www.WatchMojo.com/suggest :) Want a WatchMojo cup, mug, t-shirts, pen, sticker and even a water bottle? Get them all when you order your MojoBox gift set here: http://watchmojo.com/store/ WatchMojo is a leading producer of reference online video content, covering the People, Places and Trends you care about. We update DAILY with 2-3 Top 10 lists, Origins, Biographies, Versus clips on movies, video games, music, pop culture and more!
Views: 556986 WatchMojo.com
World Commodity Forecast product tutorial
The EIU's World Commodity Forecast provides comprehensive, in-depth market forecasts for 25 of the most frequently traded global commodities. For more information visit: http://www.eiu.com/
David Parker  - Selling Value in a Commodity World
When choices are plentiful and prices are competitive, how do you persuade a customer to do business with you -- by providing value, of course? Many make claims to deliver value, but is it value that is truly meaningful to the customer? Having a clear understanding of what your customer's value and then having the means to deliver it will give you opportunities that your competitors may have a hard time competing against.
Views: 369 Rich Tiller
Can You Turn a Commodity into Must have Brand? EPISODE 5 with Ted Rubin and David Brier
http://www,risingabovethenoise.com and http://www.tedrubin.com -- EPISODE 5: Can a Commodity Become a Must-have Brand? So many companies hope to become a household name, the envy of all others in their space. Social marketing expert Ted Rubin and brand expert David Brier discuss what goes into making this happen. Old Spice. Oreo. GEICO. Each is a household name, the goal and hope of nearly every company or its CEO. A Stroll Through Branding History Old Spice has been around since 1938 (and in fact started out as a woman’s deodorant first one year earlier). And they’ve embraced their quirky existence in culture, with great copy lines like, “If your grandfather hadn’t worn it, you wouldn’t exist.” Oreo was introduced March 6th, 1912. Yet it’s so culturally hip today. And GEICO (which stand for Government Employee Insurance) was founded in 1936 by Leo Goodwin Sr. and his wife Lillian Goodwin to provide auto insurance to federal government employees and their families. Today it’s owned by Warren Buffett, one of the world’s most successful investors in the world worth. So, even though these three brands are each around 80+ years old, they have navigated their brand voice, their relevance and their persona so well, they feel as young and fresh asa newborn startup. So, what can men’s deodorant, America’s favorite cookie, a gecko and insurance teach us about branding in today’s marketing environment? And how is it that the most successful and conservative investor in the world owns a company whose brand is quirky, unexpected and bizarre and outstandingly successful? What does this have to do with the top five insurers controlling more than 50 percent of the market while the top 10 control 70 percent nationally in the United States? Most importantly, what are the two rules to navigating your brand to that goal of being highly sought-after? To answer this, we have to isolate what elevates a mere commodity from the pack to become a super-brand, one that has consumers craving it, devouring it and coming back for more.
Views: 2593 David Brier
Whose Turning Your Product Into a Commodity - www.mnsales.com
https://mnsales.com/ -- I was working in the office one afternoon when two salespeople from an office supply company walked in. After they introduced themselves, they wasted no time noticing the laser printer on my desk. One quickly stated, “I see you have the Brother 2170. I can save you money on your toner.” With a saddened look and tone, I asked, “Why do you have to be like that?” They looked puzzled and one asked, “Like what?” I responded by saying, “You come into my office and insult me.” With a bemused look on his face he said, “I didn’t insult you. I just said I could save you money on your toner. You want to save money, right?” That statement only made it worse. I shared my interpretation of what I, the prospect, heard. I explained, “You are telling me that I made a bad purchasing decision and wasted my hard earned money by overpaying on my toner, and that I don’t know how to shop for office supplies. You made me feel even worse by saying you only wanted to save me money, as if I was not capable of doing that on my own.” The salesperson assumed that I make purchases based only upon price, and that I am not smart enough to make purchasing decisions on the best value, part of which might be price. Coming in and pitching his products on the lowest price means he is admitting that I should shop only on price, and therefore, he loses the business he just won when the next salesperson walks in making the same statement. His holding position is based solely on price and is the foundation that is destined to be gone and requires constant maintenance. I said, “It sounds like you are encouraging me to buy on the lowest price, so if someone else walks in right after you, I should buy from them, because they are selling at a lower price than you. Am I right?” He said, “No, because we have better service.” “Better service than whom?” I asked. “Than the competition,” he said. Remember, he does not know the competition, only his side of the story. He is betting against himself. How does he know that I get my toner from a customer of mine, or a family member, or someone close to me? And for that, he insulted me, and will not get my business, and if he gets my business on price, he could lose it at any time. “But that’s not what you led with when you walked in. Do you see the problem with your sales proposition? You are turning your products into commodities, not me, the prospect.” I said. Too often sales people rush in with money saving options when that is not what the prospect is looking for in making a decision. Do not assume that you know what the prospect wants until you ask them, and until you learn the impact it will have on them. Ask them questions - they are the answers. Only when you have the whole story is someone ready for your story. Most decisions are not about price, it is just the excuse that someone uses to justify a position when it looks like that will drive away the need to make a real decision. Remember, always protect your prospect’s dignity. Never tell them or even imply that they made a mistake with their previous decision. This includes the equipment, the price, the company, the terms, the market or timing within of the company’s growth. If you show respect, you will, in turn, get respect. You have so much more to deliver than price can measure. Bottom line: It is difficult to a make a sale without understanding the buying motives, budget, and decision making process. It is the salespersons job to find and uncover them before making a presentation.
Views: 24 Scott Plum
Consider a two commodity market  When the unit prices of the products are
Subscribe for More Lessons: https://YouTube.com/WeSolveThem Tip for Good Service: https://PayPal.me/WeSolveThem Thousands of free solutions: https://WeSolveThem.com Commenting - Solution Manuals - Thousands of Free Lessons - Ad-Free Videos - eBooks - Cheat Sheets - and more! http://WeSolveThem.com Video-Lessons are always AD-FREE @ WeSolveThem.com Description: Half off 12 months -- use code HALFOFFNOW @ http://wesolvethem.com/register Copyright © 2013 → ∞ WeSolveThem.com - JJtheTutor, Inc. All rights reserved | Made By Students, For Students.
Views: 3044 JJtheTutor
Ep. 53 Is A House A Product Or A Commodity?
With many folks thinking about listing their homes this Spring, it's a good time to review some basic economics when it applies to setting marketing prices of homes. The question - is a house or property more like a product, or more like a commodity? In case you're wondering, a "product" is something that is offered for sale by a seller with an associated price, usually based on research the seller did as to how much a consumer would pay and also the costs involved in bringing the product to the market. On the other hand, a "commodity" is an valuable object that is set before the market without regard to costs incurred by the offeror. An example of a product is a a fast food order item - burger, etc. The company sets the price and the consumer cannot change it - if they want the product, they pay the asking price. An example of a commodity would be a company stock certificate. The company offers them up to the market and the market, not the company set the price thereafter. I think it's fairly obvious that a piece of real estate is much more a commodity than a product. By the way, this is much more apparent in a down market than a bubble market, and that's why so many sellers are harboring unrealistic expectations right now. In an up market, any price set will be accepted by the purchaser, giving the sellers the impression that they had control. When the down market hits, however, the situation seems out of control (and it is) to the sellers. In reality, it's just the market responding to the demand for the commodity (your commodity...). So, the real estate industry incorporate a number of mechanisms to value properties, such as CMAs, BPOs (performed by real estate agents) and Appraisals (performed by appraisers). All these activities are geared towards figuring out the value of your commodity. Please listen... If you have any questions I'd love to hear them at [email protected] As always, channel subscriptions at YouTube are most appreciated. Visit http://www.yourlancasterhome.com for expert Lancaster PA real estate services (c) 2011 Jeff Geoghan
Views: 245 yourlancasterhome
What is a commodity product
What is a commodity product - Find out more explanation for : 'What is a commodity product' only from this channel. Information Source: google
Views: 1 the only right
"My product is seen as a commodity."
Sales Results Inc. Testimonial
Views: 36 Steve Fretzin
Commodity X Product Video
Visit Commodity-X.com to learn more!
Views: 49 Andrew Gibson
What is Commodity and Products in Hindi || Export Import Business in India || Online Exim Solution
Online Exim Solution Export Import Practical Training Center What is Commodity and Products in Hindi H – 611, Titanium City Center, Near Sachin Tower, 100 Feet, Anandnagar Road, Satellite, Ahmedabad – 380015, Gujarat, INDIA CONTACT US ON: Mobile no : +91 9714779191 Email ID : [email protected] FaceBook :https://www.facebook.com/ExportImport... Linkedin : https://www.linkedin.com/in/paresh-so... We are Specialized in HOW TO FIND BUYERS
Views: 1472 Paresh Solanki
Commodity Conversations vs. Value Conversations
Stop haveing commodity conversations and talk about value by tying your product (or service) value to increasing revenue, reducing costs or expanding market share. http://www.VictorAntonio.com
Views: 5506 Victor Antonio
07 - Concept of Product as Commodity
Do you have a clear understanding of products and services? In the module "Concept of Products and Services" you learn basic things that you might know but never thought of it in the way it can be understood and benefit from it as a professional Module - Concept of Products and Services Lesson - Concept of Product as Commodity
Is Your Product Really a Commodity? Avoiding the Commodity Trap
Is Your Product a Commodity? Is it really? Or, does your customer cry commodity to get you to decrease your price? Adele McLean talks about how you can get out from under the negotiation tactic "cry commodity." - Holden Advisors For more information contact Adele McLean: [email protected] or go to HoldenAdvisors.com
Views: 293 Holden Advisors
GST Slabs, Commodity & Product Master in Miracle -Gujarati
This video describes about GST Slabs, Commodity and how to add commodity in Product Master.
Commodities and Commodity Markets | Market to Market Classroom
A commodity is a raw product. Examples of commodities include grains, like corn, wheat and soybeans; livestock like cattle and hogs; metals like gold and silver, and energy sources like crude oil and natural gas. This raw product is typically sold, and then processed and/or packaged in some way to ultimately be sold by a retailer to a consumer. To make it easier to buy and sell these raw goods, the quality of the commodity must be uniform from all producers. So all the bushels of corn, all the bales of cotton, and all the barrels of crude oil are essentially the same, regardless of who produced them. A commodity market is a place where you can buy, sell, or trade these raw products. Market to Market Classroom connects you with stories about the science, technology, culture, and business of agriculture from the nation's longest-running agribusiness television program. Explore the stories and gain a deeper understanding of the people, issues, and events that shape agriculture today. http://www.iptv.org/mtom/classroom/default.cfm
Views: 7294 IowaPublicTelevision
Promote Yourself. Your Product Is a Commodity
Promote Yourself. Your Product Is a Commodity ►---- Subscribe to my channel: http://www.youtube.com/c/lukenesler -- Luke Nesler is the co founder and CEO of Impakt Media, Keynote Speaker and Action Sports Enthusiast and Entrepreneur. The is the king of digital marketing, helping business get attention and turn that attention into sales by using targeted social media advertising. -- For more content, follow me here: Facebook: http://facebook.com/lukeneslerceo Instagram: http://instagram.com/lukenesler Twitter: http://twitter.com/lukeneslerceo LinkedIn: http://linkedin.com/in/lukenesler Podcast: COMING SOON -- Luke Nesler: www.lukenesler.com Impakt Media: www.thinkimpakt.com
Views: 20 Luke Nesler
BRANDING - Commodity, Product, Service, Experience, Transformation
This video is about branding and the ladder that exists within any industry. First, you have a commodity. Think about raw coffee beans. Second, you have a product. Think about a can of Folgers ground coffee. Third, you have a service. Think about getting a basic coffee at a kiosk. Fourth, you have an experience. Think about getting a fancy coffee at Starbucks. And fifth, you have a transformation. I'm not sure there's a great example in the coffee business :-) but the idea is that each delivery is unique and customized to the recipient. Now, think about YOUR business and try to introduce options higher up on that branding ladder, and charging more money in exchange for those things. Patrick is the author of Webify Your Business Internet Marketing Secrets for the Self-Employed (2009) as well as Make Yourself Useful Marketing in the 21st Century (2008) and has spoken about Online Branding and the Social Media Revolution at conferences around the world. http://www.WebifyBook.com/ Patrick is a sought-after professional speaker who has spoken in Canada, the United States, Europe and South America. He speaks about leadership on todays social internet, small business marketing and the opportunities of our changing information economy. Call 510-282-4115 to inquire about speaking fees and scheduling. http://www.PatrickSchwerdtfeger.com/ He is also the organizer of the Entrepreneur & Small Business Academy, a 1700+ member business club sponsored by Microsoft. The group provides an educational forum for local entrepreneurs, small business owners and self-employed professionals. http://www.meetup.com/academy Patrick Schwerdtfeger, Champion of the Modern Entrepreneur
Views: 1289 Patrick Schwerdtfeger
Classifying Your Commodity - Video #3
What is a Harmonized Code? How to find a Schedule B Classification number? For more information, please visit our website: http://www.census.gov/foreign-trade/
Views: 18393 uscensusbureau
Does Procurement View Marketing As a Product or Commodity?
For more information visit, www.ana.net.
Views: 85 ANAmarketers
UK Import Duty - Commodity codes
Http://logisticsblog.info This is a follow up video for the UK Import Duty video. Here I show you how to find out you commodity code for products you want to Import or export. UK Import duty is calculated as a percentage of the value. The import duty percentage depends on what the product is and the commodity code give you this information. Commodity codes can be found in several ways -- Arm yourself with product details though (be as specific as possible, for metal products give the percentage make up, ie 80% steel/20% iron)
Views: 2342 LogisticsBlog
Commodity Funding WRF Product
Easiest Way to avail Finance Against Stock of Agricultural Commodities in India
Views: 30 RAKESH JHA
Commodity Market  क्या  हैं ? | in Hindi
This video will tell you ,what is Commodity Market. For More Details, Call:917057101010 Website : www.bhartisharemarket.com FB Page : https://www.facebook.com/Bharti.Sharemarkets/
Ecommerce Strategy - are you selling a commodity?
Get proven strategies on running an ecommerce business from 7 figure ecommerce seller Tanner Larsson. Selling commoditized products is like shooting yourself in the foot when it comes to trying to build a profitable ecommerce business. You can only compete on price. Want An Ecommerce Promotion Strategy That Generates 800% ROI? Go Here: http://buildgrowscale.com/hybrid ======================================= Be sure to SUBSCRIBE to our Channel for More Ecommerce Videos: http://buildgrowscale.com/ecomvideos ======================================= Build Grow Scale http://www.BuildGrowScale.com BGS Facebook: https://www.facebook.com/BuildGrowScale Tanner's Facebook: https://www.facebook.com/MarketingWithTanner Twitter: https://twitter.com/BuildGrowScale ======================================= -~-~~-~~~-~~-~- Please watch: "Easy Email Tips To Increase Your Profits By 22%" https://www.youtube.com/watch?v=Uq4rbncdxU8 -~-~~-~~~-~~-~-
Views: 282 Build Grow Scale
Ask Jeff 54: Sales Product Commodity - Jeff Shore Sales Training
Thank you so much for taking the time to watch this video. Believe it or not, I read about 99% of the questions and comments that my followers post. :) If you enjoyed the video or have questions, please let me know in the comments section below! ► Subscribe to My Channel Here: https://www.youtube.com/user/JeffShoreTraining/featured ► Email Your Sales Questions to Jeff Here: [email protected] - - - - Jeff Shore is a highly sought-after sales expert, speaker, and author. For over three decades his innovative and real-world selling strategies have helped train sales leaders all around the world. Jeff’s unique approach to sales is informed by understanding the psychology of why people buy. Once you understand why people buy you can reverse engineer your sales style to meet the needs of the customer. Unlike some sales trainers, Jeff teachers his sales professionals to abandon scripted sales presentations, obnoxious closing lines and other antiquated “used car salesman” techniques in order to make meaningful, emotion-centered connections. Unsurprisingly, these sales strategies really work: last year, Jeff’s residential real estates sales training clients sold over $25 billion in residential real estate. If you are a sales manager or executive looking for ways to increase profits, better train your sales team or simply just “level up” in your current market, Jeff’s leadership training methods are going to get you there. LEARN MORE. EARN MORE. ENJOY YOUR LIFE MORE! - - - - QUICK LINKS: Want free video training each week? http://jeffshore.com/ Want to close more sales? http://jeffshore.com/closing-2-0-book/ Want to get inside your buyer’s mind? http://jeffshore.com/podcast Want to become a “Market Proof” residential real estate sales company? http://jeffshore.com/summit Want to improve your residential real estate conversions? http://jeffshore.com/42fa FOLLOW JEFF SHORE ONLINE: Website: http://jeffshore.com Podcast : https://jeffshore.com/podcast/ Facebook: https://www.facebook.com/JeffShoreCommunity/ Twitter: https://twitter.com/jeffshore LinkedIn: http://linkedin.com/in/jeffshore
Selling a Premium Product in a Commodity World - Part 2: Getting Ready
This is part of our of Facebook Live Series on Selling a Premium Product in a Commodity World. This part is on Getting Ready. Go to http://billcaskey.com to learn more!
Views: 53 Bill Caskey
COMMODITY.LIVE  - a neutral platform for product information exchange
COMMODITY.LIVE is a digital information platform for products. It is generic at a global level and neutral on different types of products. All data are being shared live in one common place, which eliminates the need for repeated punching and distribution of data, saving time and money. For more information, check out: https://www.commodity.live/
The Speedwell Commodity Product
An introduction to the Speedwell Weather Commodity Product
Views: 27 Speedwell Weather
What is the "Commodity Market"? ( Hindi ) कमोडिटी मार्किट क्या है ? ( हिन्दी  )
What is the "Commodity Market" ? A commodity market is a physical or virtual marketplace for buying, selling and trading raw or primary products, and there are currently about 50 major commodity markets worldwide that facilitate investment trade in approximately 100 primary commodities. SARTHAK WEALTH MANAGEMENT OPC PVT LTD (Learning Today, Leading Tomorrow) Our Topics : Share( Equity), Commodity & Currency Market(Forex) Basic + Advance Technical Analysis With Advanced Japanese Candlestick, With Auto Buy/Sell Software, Risk Management, Money Management Learning. Our more videos : शेअर बाजारातील अर्थक्रांती (मराठी) Share Bazaaratil Arthkranti (Marathi) https://www.youtube.com/watch?v=wSsujbjMPGU&t=12s What is Demat Account ? ( HINDI ) क्या होता है डिमॅट अकाउन्ट? ( हिन्दी ) https://www.youtube.com/watch?v=SjCog5IzRaU&t=7s What is NIfty50 ( HINDI )जानिए निफ्टी50 क्या है ? https://www.youtube.com/watch?v=TChPnE91bRk&t=17s पीई रेशोची (PE Ratio) ओळख https://www.youtube.com/watch?v=6bhE-yfiGjk&t=48s BANK FD VS INVESTMENT ( बँक FD विरुध्द इन्वेस्टमेन्ट ) https://www.youtube.com/watch?v=M5K-wZE8mI8&t=45s What is SIP? https://www.youtube.com/watch?v=bweG1OxB1Qo&t=10s Basics of Share Market https://www.youtube.com/watch?v=ZqtViPhkypA&t=69s Contact For Registration - SARTHAK WEALTH MANAGEMENT +91-8655047333 www.sarthakwm.com
Product vs Commodity relating to Real Estate
Product versus Commodity. When we talk about a product; let's, for exampler, take the i-phone; the seller establishes the price. How do they do that? They produce a product, budget marketing, and if the product is a success it will sell and if it's a failure it will not sell but the seller establishes the price. A commodity gets traded everyday and it is demand that pushes prices up or brings them down. Advertising has absolutely no effect on the value of a commodity. Have you ever seen a commercail for IBM stock? Don't you think if IBM wants to sell stock and advertising raises the price, they would advertise? Well, they understand that it has no effect on the prices so they don't waste their money on advertising. So if you ever have a doubt if something is a commodity or a product, just turn the TV on and watch commercials all day long. If it never comes up, chances are it's a commodity. Here's the problem with real estate, the market (comsumers and agents) have treated real estate like a product. When in fact, real estate is a commodity. It's traded every day of the week and it's supply and demand that pushes prices up or down. And advertising has no effect on the value. Advertising and marketing is very important in attracting the buyer pool but will not effect the listings value...the commodity's value. Real estate is a very emotional commodity. Whoever gets emotionally involved in the transaction loses. That's why we must look at listing property as a business transaction.
Views: 63 Tina Hallberg
Commodity or Value Selling
Almost all high value solutions become commodities over time and it's a mistake to apply expensive sales models to low margin or transaction business. Tony Hughes discusses the importance of segmentation and moving to value as a means to preserving margins and market share. Go to http://rsvpselling.com for more information or Tony's blog at http://TonyHughes.com.au
Views: 827 Tony J. Hughes
How to Sell More of A Commodity Product (like Merchandise & T-Shirts) & Make More Money
►If you're an ambitious person, SUBSCRIBE to my YouTube channel here: http://bit.ly/WillYouLaugh Get FREE my Secrets of Success Vault here, exclusively for YouTube viewers: https://willyoulaugh.com/youtube Stay Connect with me on Social Media: Facebook: https://www.facebook.com/ilovesuccessandwill/ Instagram: http://instagram.com/willyoulaugh_ Twitter: http://twitter.com/willyoulaugh Snapchat: https://www.snapchat.com/add/willyoulaugh Myspace: Just kiddingEnter Text Here ►Playlists: Happiness: http://bit.ly/WYLHappiness Business: http://bit.ly/WYLBusiness Book Reviews: http://bit.ly/WYLBookReview Billionaires: http://bit.ly/WYLBillionaire Success: http://bit.ly/WYLSuccess If you're new, this is my self-development Youtube channel where I share success tips I have learned studying successful people. Want to get a response from me? You have a higher chance if you comment on a blog post: https://willyoulaugh.com/ Highest chance? Subscribe to my email newsletter on my blog and reply to an email. My newsletter is where I share secrets that I don't share anywhere else. If you're reading this, write "secret potato society" in the comments
Sales Training - Don't Be A Commodity - Sales Tip
Salespeople who sell on price are selling their product or service like it is a commodity. When the prospect can't distinguish your product from a competitor's product, your product is no better than a commodity. http://www.caramanico.com learn how sales can be made when you are not the lowest price. Selling is much easier that way. http://youtu.be/ZDy50gFuvJI
Views: 197 Dan Caramanico
Спред товар продукт commodity product spread
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Increase in prices of commodity food products | SEGMENT-1
Increase in prices of commodity food products | SPECIAL NEWS | MHONE NEWS | SEGMENT-1 Like Us On : www.facebook.com/mhonenewz
Views: 28 MH One News
BUYERS:  Selecting Commodity Codes (UNSPSC) for Bid Solicitations
When creating and posting bids in COMMBUYS, proper commodity code selection is fundamental to maximizing vendor quote responses. The United Nations Standard Products and Services Codes (UNSPSC) is a global products and services classification system that OSD utilizes to categorize purchases and to notify businesses about opportunities posted in COMMBUYS. OSD’s Job Aid library includes step-by-step directions for most Buyer-initiated COMMBUYS activity: http://www.mass.gov/anf/budget-taxes-and-procurement/procurement-info-and-res/conduct-a-procurement/commbuys/job-aids-for-buyers.html OSD offers Buyer focused training in face-to-face and live webinar formats. http://www.mass.gov/anf/budget-taxes-and-procurement/procurement-info-and-res/training/training-courses.html#Buyer
08 - Transformation of Physical Product sold as Commodity to  Brand
Do you have a clear understanding of products and services? In the module "Concept of Products and Services" you learn basic things that you might know but never thought of it in the way it can be understood and benefit from it as a professional Module - Concept of Products and Services Lesson - Transformation of Physical Product sold as Commodity to Brand
Commodity Or Experience, What Are You Selling? - FHR #187
Why Dave Chose to Talk about What We Sell: Dave Woodward wants to lay out the details for the pros and cons to the types of products that sell best. He reveals secrets successful marketers use to sell products as experiences and what you can do to have similar success. Tips and Tricks for Your Business: Selling a product that is purely commodity vs. an experience. (2:08) Changing your marketing standpoint from commodity to experience. (4:42) When you look at successful people, they sell experiences (8:00) Quotable Moments: “Unfortunately for most of us that are in marketing we end up going the exact opposite direction. Our product becomes very price-sensitive, very commoditized.” “But once you start bundling it with different products and services where someone no longer compare it to other water bottles. It now becomes an experience that the person is going to get along with that.” “Even though you’re selling a product or a commodity you can still have an experience. Try to find different ways of creating it, most of it is through your marketing.” Other Tidbits: Dave loves ice cream, his wife loves Lu Lu Lemon Audio Clips: (4:12-4:24) “The same things happens in every other product or service is you have to think ‘What is the experience that I can provide for these people? What are the things or what do they like?’” (7:50-8:00) “We always spend a whole ton of time talking about funnel hacking, I want you to take a look at who are some of the leaders in your industry: are they creating an experience or are they just selling a commodity?” Links Mentioned by Dave: https://funnelhackinglive.com/get-your-ticket-now Http://funnelhackerradio.com/ Http://funnelhackerradio.com/FreeTrial Http://funnelhackerradio.com/FreeCar
How are challenges facing the commodity markets affecting the IT sector?
The commodities domain encompasses a product set that is fragmented by asset class: base metals, precious metals, oil and refined products, gas, power, agricultural commodities and softs. The key differentiating fact is commodities are transacted for physical delivery as well as financially. This brings with it added layers of complexity associated with the physical characteristics of the products, and the logistics associated with moving them from one place to another. Furthermore, each class brings with it an idiosyncratic set of market standards and trading conventions.
Views: 416 ExcelianLTD
How do I increase sales of comodity products? commodity products?
How do I increase sales of comodity products? Increasing sales in general and what works for commodity products. Video provides guidelines for creating offerings that increase sales and gives example.
Views: 1352 Dr Lisa Lang
Percentage Aptitude Tricks | Commodity Rate Increased
Product is constant, commodity Price increased, commodity Price decreased, percentage comparison, percentage concept, percentage problems, percentage tricks, percentage shortcuts, Percentage definition, Percentage calculation, Percentage aptitude, Aptitude logics, IBPS PO , IBPS Clerk , IBPS IT Officer , SBI PO, SBI Clerek, competitive exams aptitude tricks for placements bank PO Aptitude, bank clerk aptitude, Bank PO Reasoning, Bank Clerk Reasoning,

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