And he criticised those firms which kept prices high for millions of existing customers while offering cut-price deals online to attract new business and deter potential competitors from setting up.
This will not only enable you to effectively and powerfully differentiate your life coaching practice from competitors, it will also result in drawing new clients, reinforcing your positive relationships with existing clients and be instrumental in helping you build a high-end clientele.
But the consequences of not improving existing products, creating new ones, or embracing emerging markets at the right time is to be outpaced by our competitors just when we are patting ourselves on the backs for implementing less risky strategies that normally sustain us.