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Customer Quote by Bobby Kotick

“Our customers need to be satisfied that there is a price-value relationship that they feel great about.” quote by Bobby Kotick
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“Our customers need to be satisfied that there is a price-value relationship that they feel great about.”

Bobby Kotick

About This Quote

Source Interview: Business Strategy, Bobby Kotick, 2020

Customers must perceive that the product’s price matches its value, ensuring satisfaction and loyalty.

In simple terms: Customers need to feel they get good value for price.

Key Takeaway

Align pricing with perceived value.

Themes

pricing value perception customer satisfaction loyalty marketing

Mood

analytical strategic optimistic

Type

business marketing

When to use this quote

  • product launches
  • pricing strategy meetings
  • customer feedback sessions

Key Concepts

economics behavioral psychology brand trust

Questions to Reflect On

  • How do you measure perceived value?
  • What factors shift customers’ value expectations?
A Different Perspective

Value perception can be subjective and vary across markets.

3.6 out of 5 (7 ratings)

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