Customer Quote by Bobby Kotick
“Our customers need to be satisfied that there is a price-value relationship that they feel great about.”
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.
Align pricing with perceived value.
Themes
Mood
Type
When to use this quote
- product launches
- pricing strategy meetings
- customer feedback sessions
Key Concepts
Questions to Reflect On
- How do you measure perceived value?
- What factors shift customers’ value expectations?
Value perception can be subjective and vary across markets.