Today, I want to give you some concrete ideas for building greater value in your offer – product, service, information, physical goods, whatever it is that you sell…

In my last post, we talked about the difference between Price and Value and how easy it is to get caught in the “discount trap”. Cutting your prices can often have precisely the opposite effect that the “price leader” is after. 

When times are tough, consumers are not so much after low prices as they are demanding of greater perceived value for their dwindling stash of money. 

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When I was a kid growing up here in Miami, my dad used to take me to watch the insanely popular local sport and parimutuel Jai-alai.

Now, if you’ve never stepped foot inside a Jai-alai fronton before, you’d be in the solid majority…

Jai-alai is played with a small as a golf-ball, hard as a rock “Pelota”, a ball that is caught and thrown using a “Cesta”, a woven basket worn on the hand.

The ball is traded back and forth like, sort of like psycho handball or racquetball on steroids at 100 mph+ speeds(!), bouncing off of an enormous 3-sided granite court with a wood side-court and netting to keep the ball from going into the audience.

Speaking of the audience, a Jai-alai audience is a betting audience which means it leaps to its feet at least 400 times a night. It’s THAT exciting, really.

So, what exactly does Jai-alai have to do with selling, you ask?

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