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Content provided by Ethan King, Justin King, Ethan King, and Justin King. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ethan King, Justin King, Ethan King, and Justin King or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.
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What a $700 Wooden Bowl Teaches You About Marketing | Ep. 059

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Manage episode 457251408 series 3548096
Content provided by Ethan King, Justin King, Ethan King, and Justin King. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ethan King, Justin King, Ethan King, and Justin King or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Could a $700 mixing bowl transform how you market your business?

Ethan and Justin break down the psychology behind status symbols, from a walnut mixing bowl that’s more art than utility to luxury apps and historical oddities like $5,000 pineapples. They reveal how smart business owners can apply these lessons to create products and services that customers perceive as must-haves—not just for function but for status. Whether you’re running a small business or dreaming of launching one, this episode is packed with actionable insights to boost your brand’s appeal and profitability.

What You Will Learn in This Episode:
  • How to create products that customers see as status symbols.
  • How to use scarcity and exclusivity to drive demand.
  • How to align your offerings with your customers’ self-image.
  • How to leverage Maslow’s hierarchy to position your business for success.
Questions Answered:
  • Why do customers pay for status instead of functionality?
  • How can small businesses create perceived value like big brands do?
  • What role does scarcity play in pricing and demand?
  • How can entrepreneurs reposition ordinary products to feel extraordinary?
  • What are the key psychological drivers behind customer purchases?
Call to Action:

If you’re ready to transform your business by tapping into the psychology of status and value, this episode is a must-listen. Tune in now, subscribe for weekly insights, and leave us a review to join the conversation!

  continue reading

98 episodes

Artwork
iconShare
 
Manage episode 457251408 series 3548096
Content provided by Ethan King, Justin King, Ethan King, and Justin King. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ethan King, Justin King, Ethan King, and Justin King or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Could a $700 mixing bowl transform how you market your business?

Ethan and Justin break down the psychology behind status symbols, from a walnut mixing bowl that’s more art than utility to luxury apps and historical oddities like $5,000 pineapples. They reveal how smart business owners can apply these lessons to create products and services that customers perceive as must-haves—not just for function but for status. Whether you’re running a small business or dreaming of launching one, this episode is packed with actionable insights to boost your brand’s appeal and profitability.

What You Will Learn in This Episode:
  • How to create products that customers see as status symbols.
  • How to use scarcity and exclusivity to drive demand.
  • How to align your offerings with your customers’ self-image.
  • How to leverage Maslow’s hierarchy to position your business for success.
Questions Answered:
  • Why do customers pay for status instead of functionality?
  • How can small businesses create perceived value like big brands do?
  • What role does scarcity play in pricing and demand?
  • How can entrepreneurs reposition ordinary products to feel extraordinary?
  • What are the key psychological drivers behind customer purchases?
Call to Action:

If you’re ready to transform your business by tapping into the psychology of status and value, this episode is a must-listen. Tune in now, subscribe for weekly insights, and leave us a review to join the conversation!

  continue reading

98 episodes

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