<p>In this insightful episode, Ryan delves deep into the art and science of pricing strategies, sharing his valuable experiences and the pivotal shift towards catering to high-end clients in 2019. From Amazon's diversified profit strategies to the hands-on challenges of the garage door industry, Ryan covers a broad spectrum of business wisdom, emphasizing the critical importance of understanding business fundamentals, managing risks, and committing to quality for sustainable growth.</p>
<p><strong>**Highlights:**</strong></p>
<ul>
<li><p><strong>High-End Focus:</strong> Ryan's strategic pivot to serving high-end clients, enhancing staff quality and service offerings to justify premium pricing.</p>
</li>
<li><p><strong>Value-Based Pricing:</strong> The importance of pricing based on the value delivered rather than competitor pricing, ensuring businesses cover their costs while delivering exceptional service.</p>
</li>
<li><p><strong>Amazon's Profit Margins</strong>: A discussion on Amazon's low e-commerce profit margins contrasted with its lucrative AWS platform, highlighting the importance of diversification.</p>
</li>
<li><p><strong>Scaling and Risk Management:</strong> Insights into scaling businesses, using examples like Amazon and Zappos, and the necessity of having multiple revenue streams to mitigate risks.</p>
</li>
<li><p><strong>Garage Door Industry Dynamics</strong>: Ryan shares his personal journey and the challenges of lead generation and supply-demand dynamics in the garage door business.</p>
</li>
<li><p><strong>Quality and Pricing Strategy:</strong> The emphasis on using high-quality parts, charging more than cost, and the need to educate customers on the value of products and services.</p>
</li>
</ul>
<li><p><strong>Financial Prudence:</strong> Urging financial wisdom, understanding pricing, and improving customer service and operational systems for overall business health and personal well-being.</p>
<p><br></p>
<p><strong>Find Ryan at:</strong></p>
<p><a href="https://garagedooru.com">https://garagedooru.com</a></p>
<p><a href="https://aaronoverheaddoors.com">https://aaronoverheaddoors.com</a></p>
<p><a href="https://aaronoverheaddoors.com">https://suchnsuchmedia.com</a></p>
<p><br></p>
<p><strong>Check out our sponsors!</strong></p>
<p>Sommer USA - <a href="http://sommer-usa.com">http://sommer-usa.com</a></p>
<p>Surewinder - <a href="http://sommer-usa.com">https://surewinder.com</a></p>
<p>Stealth Hardware - <a href="http://sommer-usa.com">https://quietmydoor.com/</a></p>
</li>
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