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Who wants to be the cheapest?

Who wants to be the cheapest? How to market your value, not your price

When two quotations appear to promise the same result, the lower price has an immediate advantage, but who wants to be the cheapest? The issue is not always what the more expensive business charges; it is often what that business has failed to explain.

TL;DR: When customers cannot identify a meaningful difference between several businesses, price becomes an obvious way to choose. Marketing your value means understanding what customers genuinely care about, strengthening the parts of your service that matter to them and providing clear evidence of the difference they make. Done well, this can help your business attract more suitable enquiries, improve conversion and protect the commercial value of the work you provide.

Most established businesses do not want to be known as the cheapest option. They want to deliver work properly, support their customers and charge enough to maintain the standards on which their reputation depends.

Customers, however, can only judge value from the information available to them.

If three companies appear to offer broadly the same service, choosing the lowest quotation may feel entirely reasonable. The problem may not be that your price is too high. It may be that your marketing has not made the practical and commercial benefits of choosing your business clear enough.

Marketing your value means helping customers understand what they are likely to receive in return for the price they pay, before the quotation becomes the main focus of the conversation.

Why price becomes the deciding factor

Imagine receiving quotations for ÂŁ800, ÂŁ1,100 and ÂŁ1,400.

Without further information, the customer sees a difference of ÂŁ600. They may not know that one quotation includes more experienced people, better materials, careful planning, clearer communication or support after the work has been completed.

Those differences cannot influence the customer’s decision if they have never been properly explained.

Research published by Harvard Business Review on customer value propositions found that businesses often weaken their case by listing every possible benefit instead of concentrating on the differences that matter most to the customer and can be supported by evidence. A persuasive value proposition should therefore explain a relevant benefit, why it matters and why the customer should believe the claim.

Your marketing should help customers make a more informed comparison. By the time a suitable prospect requests a quotation, they should have a reasonable understanding of who your service is designed for, what makes your approach relevant, what is included and what evidence supports the promises you make.

This does not remove price from the decision but it gives the customer more than the price to consider.

Start with what your customers actually value

Businesses often promote the qualities they are proudest of, but those are not always the factors that influence a customer’s decision.

A software company may focus on the number of features within its platform, while the customer is more concerned about whether employees will use it successfully. A builder may want to explain technical construction details, while the homeowner is thinking about communication, disruption, timescales and budget control.

Similarly, a business appointing a marketing agency should not judge value solely by the number of blogs, social posts or meetings included each month. The more commercially important questions concern strategic direction, reliable delivery, understandable reporting, enquiry quality and whether the work supports the right business objectives.

The answers are often already available within your business. Customer reviews, sales conversations, objections, support queries and lost proposals can reveal why customers made contact, what nearly prevented them from buying and which parts of the service influenced their final decision.

Lost proposals can be particularly revealing. Rather than recording every unsuccessful quotation as “lost on price”, look more closely at what happened. 

  • Was the prospect unsuitable from the beginning? 
  • Did another business explain its approach more clearly? 
  • Was the value understood, but the cost genuinely unaffordable? 

These are different commercial problems and should not all lead to the same marketing response.

Make your point of difference commercially useful

A point of difference is not simply a claim that your business is better. It is a relevant reason for a particular customer to choose you instead of another suitable provider.

“Friendly and professional” is unlikely to achieve this because almost every reputable business could make the same claim.

A meaningful point of difference may come from specialist knowledge of a particular sector; understanding the challenges, terminology, expectations and working practices within that sector can make the whole process smoother for the customer, reduce unnecessary disruption, and give them greater confidence that they are dealing with people who genuinely understand their needs.

It may also exist within the experience surrounding the service. How quickly you respond, how clearly you explain the process, how confidently you manage expectations and how well you support the customer can all affect the buying decision.

The important test is not whether the difference sounds impressive. It is whether it matters to the customer you want to attract and whether your business can consistently deliver it.

Replace general claims with evidence

Words such as “quality”, “reliable” and “experienced” appear on thousands of business websites. They become persuasive only when you show what they mean in practice.

If reliability matters, explain how work is scheduled, how customers are kept informed and what happens when circumstances change.

If expertise is central to your service, introduce the people involved, their qualifications, relevant experience and the type of work they regularly undertake.

If your process reduces risk, explain which risks it helps reduce and how, and why that matters to your prospect.

Case studies are particularly useful because they connect the promise to a real business or customer outcome. A strong case study explains the original problem, the decisions involved, the work completed and what genuinely changed.

Reviews, team profiles, process explanations and examples of completed work can provide further evidence. Each piece of content should support a specific reason to choose your business, rather than existing simply because somebody said the website needed more content.

Improve the value, not just the message

Value advancement is not only about describing your existing service more persuasively. It also means examining whether the service itself could become more useful to the customers you want to attract.

This does not automatically mean adding more features, meetings, reports or extras. More activity can increase delivery costs and complicate the offer without improving the outcome.

Sometimes the most valuable improvements are comparatively simple. You might make the buying process easier, set clearer expectations, improve communication, remove unnecessary delays or provide important information earlier.

The aim is to strengthen the parts of the experience that customers genuinely appreciate.

In our experience at Growth by Design, businesses sometimes discover that their main problem is not a shortage of enquiries. It is the amount of time spent responding to prospects who were never commercially suitable. Clarifying the offer, the customer it serves and the reasons for choosing it can help improve the quality of the conversation before a proposal is prepared.

This is not an instant solution. Positioning, customer understanding, service delivery and sales communication usually need to be reviewed and refined together. When service and marketing improve together, the value becomes easier to explain because it is real, relevant, and supported by evidence.

Help customers make a fair comparison

Marketing your value does not require criticising cheaper competitors or suggesting that a lower price always means lower quality.

A better approach is to help customers understand what they should compare.

Explain what is included, what support is available and which factors affect the final cost. Where appropriate, give customers sensible questions to ask any potential provider.

Pricing should also be communicated clearly. Current Competition and Markets Authority guidance states that businesses selling to consumers must present clear and accurate price information, including mandatory charges, at the appropriate point in the buying process. Where the total cannot be calculated in advance, sufficient information must be provided to allow the customer to calculate it.

Even where this specific consumer guidance does not apply, the underlying commercial principle remains useful. Unexpected charges or unclear inclusions can damage confidence, while transparent information helps customers make a more informed comparison.

Some price-led prospects may decide not to enquire. That is not necessarily a marketing failure.

Preparing quotations for people who were never likely to value your approach consumes time and sales capacity. Clearer positioning may help reduce unsuitable enquiries while giving stronger prospects more confidence that your business is relevant to them.

Make the value consistent throughout the customer journey

Your value should not appear for the first time in a proposal.

The promises made on your website should be reinforced by your service pages, blogs, case studies, reviews, sales conversations and proposals. If the website promises strategic support but the proposal contains little more than a list of activities and prices, much of the value disappears at the point it matters most.

Customer insight should shape your positioning. That positioning should inform your marketing. Your marketing should attract suitable prospects, and your sales process should reinforce the same reasons to buy.

Successful delivery then creates the customer evidence, reviews, referrals and case studies that strengthen future marketing.

Marketing works more effectively when the whole commercial journey supports the same clear and credible message.

How to measure whether your value is understood

Better value communication should produce more than compliments about the website.

Begin by reviewing the proportion of enquiries that match your ideal customer, your quotation-to-sale conversion rate and the frequency with which prospects request discounts. Average order value, profitability, reasons for lost proposals and the time spent preparing unsuitable quotations can provide further commercial context.

Customer feedback also matters. Asking new customers why they chose your business can reveal whether the reasons you promote are the reasons that genuinely influence buying decisions.

No single figure will provide the full answer. Reviewing these measures together can help you judge whether your positioning is improving customer understanding and supporting better commercial outcomes.

How Growth by Design can help you optimise value

Value advancement forms part of the Growth by Design Common 10 because effective marketing should do more than generate activity. It should help your business attract suitable customers, convert worthwhile opportunities and protect the commercial value of what you provide.

We begin by understanding where value may be getting lost. This could be within your positioning, the type of enquiries being attracted, the information customers receive before requesting a quotation or the consistency between your marketing and sales process.

We work alongside business owners and leadership teams to understand what customers value, identify the genuine commercial strengths within the offer and communicate those strengths with greater clarity and evidence.

We can then help ensure that your website, marketing content, customer evidence and sales materials support the same commercial message. Performance can be reviewed over time, using enquiry quality, conversion and other meaningful business measures rather than marketing activity alone.

The aim is not to make your business sound more expensive. It is to make the reasons for choosing it easier to understand.

A no-obligation 90-minute marketing review can help identify where your marketing already communicates value, where it relies on general claims and what could improve the quality of the opportunities it creates.

📞 Call us on 01444 810530
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Frequently asked questions about who wants to be the cheapest? How to market your value, not your price

What is the difference between price and value?

Price is the amount a customer pays. Value is the benefit the customer believes they will receive in return. This may include the outcome, service experience, support provided, time saved and risks reduced.

What should a value proposition include?

A useful value proposition should explain who the service is for, which problem it addresses, what relevant benefit it provides and why the customer should believe the claim. It should focus on meaningful differences rather than a long list of general benefits.

How can a business identify what customers value?

Review sales conversations, customer feedback, reviews, objections, support queries and lost proposals. Look for repeated comments about what influenced the decision, created confidence or caused hesitation.

Can clearer positioning reduce unsuitable enquiries?

It can help. When a business clearly explains who its service is for, what it includes and what level of investment may be involved, unsuitable prospects have more information on which to decide whether to make contact.

How should sales teams reinforce value?

Sales conversations should reflect the same priorities and promises used in the marketing. The team should understand the customer’s needs, explain why the recommended approach is relevant and provide evidence rather than relying on general claims.

Should businesses publish their prices online?

It depends on the service and, for consumer businesses, the relevant legal requirements. Fixed prices may be appropriate where the offer is straightforward. More complex businesses may use starting prices, typical ranges or clear explanations of the factors that influence cost.

How should value be reflected in a proposal?

A proposal should connect the recommended work with the customer’s priorities. It should explain what is included, why the approach has been recommended, who will be responsible and what outcome the work is intended to support.

How often should a business review its value proposition?

It should be reviewed when customer priorities, services, competition or commercial objectives change. Sales feedback, lost proposals and changes in enquiry quality may also indicate that the current message needs refinement.

Can marketing value help protect profit margins?

Clearer value communication may reduce pressure to discount because customers have more information with which to assess the offer. It cannot compensate for an uncompetitive or unsuitable service, but it can help a strong business explain why its price is justified.

How can a business measure whether customers understand its value?

Monitor enquiry quality, conversion rates, discount requests, average order value and reasons for lost proposals. Customer interviews and post-purchase feedback can also reveal why people chose the business and which parts of the offer mattered most.

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