How To Create A Premium Pricing Strategy (To Build A Prestige Brand)

Learn how to create a premium pricing strategy, establish your price point and build a prestige or luxury brand.

✅ FREE PRO BRAND STRATEGY BLUEPRINT:
https://brandmasteracademy.com/brand-...


✅ BrandBuildr.ai: AI-Driven Brand Strategy | Start Building - It's Free
https://brandbuildr.ai/

✅ 101 Dynamic Brand Strategy Questions
https://brandbuildr.ai/101-questions/

By the end of this video, you’ll understand the factors to consider when creating a premium or prestige pricing strategy, and how to establish your premium price point in the market.

First, you’ll discover what a premium pricing strategy is with a quick explanation and definition which I break down in detail with examples in my liked video below.

Then you’ll discover the situations favourable to a premium pricing strategy and when to use it.

Next you’ll learn how to establish premium or prestige pricing and the tools you can use to achieve it.

Finally, you’ll discover the factors to consider when it comes to your pricing strategy and whether or not a premium price point is right for your brand.

0:00 How To Create A Premium Pricing Strategy (To Build A Prestige Brand)
1:20 Why Use Premium Pricing?
1:36 Scenario #1: Disassociation Or De-Positioning
1:58 Scenario #2: Luxury Association
2:11 Scenario #3: First Mover Advantage
2:27 Scenario #4: Exclusivity
2:42 Scenario #5: Patented Process
2:54 Scenario #6: High Barriers For Entry
3:12 Scenario #7: Unique Experience
3:29 How To Establish Premium Pricing?
3:58 Step #1: Align Value With Price
4:31 Step #2: Premium Visual Identity
4:51 Step #3: Unique User Experience
5:21 Step #4: Tailored Brand Messaging
5:48 Step #5: Create Exclusivity
6:14 Step #6: Leverage Brand Attributes
6:44 Step #7: Avoid Promotions

#brandstrategy #premiumpricing #premiumpricingstrategy #Premiumpricingexamples #Premiumpricingstrategyexamples #Prestigepricing #Prestigepricingstrategy #Premiumpricingadvantages #Premiumpricing #brandmasteracademy #establishpremiumpricing

---------------✅ FREE BRAND STRATEGY RESOURCES ✅-------------------

✅ BECOME A BRAND STRATEGIST
Our flagship training “Brand Master Secrets” - Everything you need to become an in-demand brand strategist, raise your expert profile and grow your branding revenue and business.
https://brandmasteracademy.com/brand-...


✅ FACILITATE BRAND STRATEGY WORKSHOPS LIKE A PRO
Learn the techniques, systems and delivery tools to develop brands WITH your clients, to build brands they believe in and are invested in.
https://brandmasteracademy.com/brand-...

✅ INSIDE BRAND MASTER SECRETS
https://brandmasteracademy.com/brand-...
✅ BRAND MASTER ACADEMY
The brand strategist training ground

https://brandmasteracademy.com/?utm_s...

-------------- ✴️ LEARN FROM OTHER STRATEGISTS IN THE COMMUNITY ✴️ -------------------

✴️✴️ BRAND MASTER ACADEMY ON SOCIAL

Instagram -   / stephenhouraghan  
Facebook -   / brandmasteracademy  
Linkedin -   / stephen-houraghan  
Youtube -    / @brandmasteracademy  
Twitter -   / brandmasteracad  


✴️✴️ JOIN THE FACEBOOK COMMUNITY

  / brandmasteracademy  
Join in the conversation with other experienced and budding brand strategists to enhance your brand-building systems.

✴️✴️ EXCLUSIVE TIPS & TECHNIQUES

https://brandmasteracademy.com/subscr...
Get on the list for exclusive brand strategy tips and techniques




--------------- 🎧 LISTEN TO THE PODCAST 🎧 -------------------



🎧🎧 LISTEN TO THE BRAND MASTER PODCAST

https://brandmasteracademy.com/brand-...




---------------🙏 SUPPORT THE CHANNEL 🙏-------------------

AFFILIATE LINKS
Support Brand Master Academy by purchasing through our affiliate links.
We get a small commission with no extra cost to you.



🙏🙏 AMAZON | https://amzn.to/30JtFmU

🙏🙏 DESIGN CUTS | https://bit.ly/3cyGPso

🙏🙏 EPIDEMIC SOUND | https://bit.ly/3cyGPso

🙏🙏 WEBFLOW | https://webflow.grsm.io/bma

🙏🙏 CONVERTKIT | https://convertkit.com/?lmref=R3KyAw

🙏🙏 AWEBER | https://bit.ly/3rWpzDR