Keppel Ltd. 1Q 2024 Business Update Presentation Slides
Can you afford to charge more
1.
2. • Do you prove you are cheaper
than your competitors or price-
match?
• It has long been the done thing in
many areas of business.
3. • A typical Miele machine
costs around twice the mid-
market standard one.
• But sales are growing year-
on-year.
4. Brand loyalty is down to the products’
• High quality
• Durability
5.
6.
7. Customers are willing to pay more upfront if:
• The product will last longer
• It’ll work out cheaper if they are less likely to
have to spend money on repairs
• They will not have to purchase a replacement
as quickly.
8.
9. • It takes you 30 minutes to
deliver a piece of advice to a
client.
• The piece of advice saves their
company £10,000.
• The hugely positive impact
your time has had on your
client’s business justifies you
charging them more.
10. • Your costs have increased
• Your business is experiencing cash flow
problems
• A competitor is selling comparable
goods at a higher price
11.
12.
13.
14. • Be honest.
• Remind your customers of your value
to them.
• Highlight the benefits of the product or
service.