Drop Pilot's Game-Changing Pricing Strategies with Michael Hammersley

<p dir="ltr"><strong>Michael Hammersley</strong> co-founded and invented a payment system designed to locate the market price of any consumer good. He authored the utility patent that protects the invention.</p> <p dir="ltr">In this episode, Michael discusses the platform he co-founded, a dual-sided marketplace of buyers and sellers that helps businesses reach a pricing competitive advantage.</p> <p dir="ltr"> </p> <p dir="ltr"><strong>Why you've got to check out this podcast:</strong></p> <ul> <li dir="ltr" role="presentation">Discover what Drop Pilot platform is</li> <li dir="ltr" role="presentation">Find out how it can benefit both sellers and buyers in determining the best price possible</li> <li dir="ltr" role="presentation">Learn to figure out the best pricing your customers are willing to pay</li> </ul> <p><strong> </strong></p> <p dir="ltr"><strong>"Find out what your customer is willing to pay before you sell them the product."</strong></p> <p dir="ltr"><em>- Michael Hammersley</em></p> <p><strong> </strong></p> <p dir="ltr"><strong>Topics Covered:</strong></p> <p dir="ltr">01:34 - How he started his career in pricing</p> <p dir="ltr">02:21 - What's so interesting about analyzing pricing potential as a distressed fund</p> <p dir="ltr">02:55 - Getting to know what Drop Pilot is and what dual-sided marketplace mean</p> <p dir="ltr">04:00 - Is Drop Pilot a marketplace or research area and what benefit does this platform have for the sellers?</p> <p dir="ltr">05:26 - What kinds of businesses work with them and what it means to have multi-unit transactions?</p> <p dir="ltr">06:18 - Buyer's benefit in using Drop Pilot and explaining the research aspect of the platform</p> <p dir="ltr">08:34 - Proprietary payment system's role in the marketplace  and where his coaching focuses on in regard to the platform</p> <p dir="ltr">11:01 - How to get people to bid with B2B businesses</p> <p dir="ltr">12:56 - What is a Drop Day?</p> <p dir="ltr">18:17 - Is the platform representing the real market?</p> <p dir="ltr">19:11