Let Your Customers Segment Themselves by What They're Willing to Pay
Stefan Michel, in Harvard Business Review (2015): most customers look for the lowest price, but some will pay more for a better service. Rather than guessing who is who, build offers that let customers choose; as British Airways' former CEO Colin Marshall showed, capturing even a small premium from those who value it can raise revenue significantly.
Franck Debane helps large companies build new ventures with Forward Partners: about a hundred programmes in more than 50 companies since 2012. He wrote Passez en mode startup (Eyrolles, 2021) and organises the Lead Innovation Day.
Short essays by email for people who launch new ventures inside large companies: testing ideas with customers, winning over leadership, using AI without the hype. Plus first invitations to Lead Innovation Day.