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Price or Cost?
30 días01 abr - 01 may
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4 participantes
Sobre el Reto

Too many sellers fall into the trap of obsessing over the "sticker price," believing that the lowest number always wins the deal. They view the sale as a battle over shillings, often offering discounts too early because they fear the customer’s reluctance to spend. However, this approach ignores the most powerful psychological lever in sales: the Cost of Inaction. Price is simply what a customer pays once, but cost is what they continue to lose over time by maintaining the status quo. A master salesperson teaches the client that doing nothing is actually the most expensive choice they can make, shifting the narrative from "spending money" to "stopping the financial bleeding."

To put this in a Kenyan context, imagine a salesperson selling high-quality solar water pumps to farmers in an arid region like Kajiado. A weak seller focuses on the high upfront price of the unit, perhaps KSh 50,000, and tries to justify it against a cheap diesel generator. A smart seller, however, ignores the price tag and focuses on the cost of not buying. They calculate the reality of the farmer's current situation: the daily cash spent on fuel, the bodaboda fares to fetch that fuel, and the inevitable repair costs of the old generator. By showing the farmer that not buying the solar pump is draining their M-Pesa account by KSh 10,000 every month in fuel and wasted time, the purchase is no longer seen as a luxury expense, but as the only logical way to save money.


This challenge is all about getting you to think differently.

31 Checkpoints

Welcome to Price or Cost?
Think About Your Own Context

01 abr, 11:00 AM

Day 30

30 abr, 11:00 AM

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