Dzerald Letic

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The Theory of Participative Value

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/ Published in Business Strategies
In most economic thinking, price increases are expected to trigger resistance.Higher prices are typically interpreted through the lens of elasticity, affordability, and competitive alternatives. The dominant assumption is simple: when price rises, tension follows. Yet real markets occasionally behave differently. There are situations in which price adjustments do not produce conflict. Instead, they are met
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A Worksheet for Defining Your Price: A practical, step-by-step guide to help the reader define or redefine their own pricing strategy using the principles from the book

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/ Published in Business Strategies
Excerpt from the book: “Priceless: The Hidden Psychology of Price” (On True Value and What We Are Truly Willing to Pay). Letić, Dž. (2025). Repubblica Media Sarajevo. (9 min read) Do not view this as an assignment. View it as the most important strategic meeting you will ever have, a meeting with yourself. This is
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€659 Glasses and the Power of Pure Authority

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/ Published in Business Strategies
Emmanuel Macron shows up in Davos, puts on a pair of glasses from a small Italian firm, and the company’s shares skyrocket 70% in seven days. For a moment, let’s set marketing aside. This is pure biology. In one of my books, I proved that people buy the signal, not the product. Macron, of course,

Theory of Participatory Value: When Price Becomes a Shared Standard

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/ Published in Business Strategies
In most business contexts, price increases are treated as a source of friction.They are assumed to trigger resistance, dissatisfaction, and a decline in demand. As a result, pricing decisions are often communicated defensively, justified through external pressures, or kept deliberately opaque. This perspective rests on a transactional understanding of the relationship between organizations and their

Why businesses don’t stop, they drift

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/ Published in Business Strategies
There is a moment in many businesses when nothing is visibly wrong, and yet nothing moves forward anymore. Sales are stable. The product works. The team is busy. From the outside, the company looks healthy. From the inside, something feels… stuck. This phase is often misunderstood. It is rarely a problem of effort. Rarely a

Why the Loudest Room in the Company Is the One Where No One Speaks

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/ Published in Business Strategies
The scene is familiar. Mahogany or glass, depending on the corporate aesthetic. Expensive, ergonomic chairs are strategically arranged around a table that is itself a status symbol. On the walls hang abstract paintings or the company’s framed mission and vision statements, silent witnesses to the unfolding drama. The air is thick, conditioned to a perfect,

Give me $0 and your worst product. I will prove to you that the problem lies in biology, not the budget.

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/ Published in Business Strategies
I am getting genuinely weary of hearing about “reach,” “impressions,” and “algorithms.” While thousands of euros are being burned relentlessly on Google ads and SEO positioning that only annoy people, your competitors who understand “Invisible Sales” are snatching the market right out from under your nose. How? Well, they aren’t using a bigger budget; they’re

I tossed his résumé into the trash can after exactly 45 seconds.

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/ Published in Business Strategies
He was sitting across from me. His name was Mirza. Nervous, he was fidgeting with the hem of a suit jacket that was clearly a size too big. Borrowed, probably, I thought to myself. And on paper? A disaster. A two-year gap in his career. A degree completely unrelated to our industry. His last job?

“I Know Better”, The Phrase That Has Sunk More Ships Than Any Storm

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/ Published in Business Strategies
That phrase rarely arrives with a shout. It comes quietly, calmly, often with a faint, patronizing smile. It is uttered by a leader leaning back in their chair after listening to a proposal, an analysis, or a warning from their team. And the moment it echoes through the room, it creates an energy vacuum. It
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