Questions

As an expert, how do I change my price?

3answers

This is a pretty vague question, but in general, if you are pricing "correctly" as an expert, it's really easy to change your pricing, because you're pricing based on value.

Changing prices can have a huge impact on profit (and quality of life). Take a few minutes and read through these blog posts (there are 4, starting with this one: http://www.mimiran.com/proposals/i-sell-services-what-the-do-i-sell/).


Answered 7 years ago

This can be a difficult conversation with a client. BUT, it doesn't have to be. There are many ways of handling such a change and you'll find them in SMARTSTART Pricing.

You can download this ebook for free to get the details and formulas for changing your price and implementing the change effectively with clients. Here is the link:

http://smartstartcoach.com/smartstart-pricing/

Hope you find it helpful. -- Linda


Answered 7 years ago

My first thought is eliminate some of the features of your package and make them ad ons. For example the basic hourly program contains these features and now these features are now extra.
Offer to continue the present prices to those who will pay for the services 3 months in advance, or 6 or 1 year.
You could keep the basic price the same but require a percentage of the profit it produces, a shared revenue model along with your old prices.
Offer to keep your prices the same if they will give you a free ad on their website, or include a flyer of yours with every bill that goes out to get you more business.
Trading services is a lot easier to get approved then increasing your hourly billing by 50% but with some of these ideas you may make more than 50% and everybody's happy. Call we can talk....Ken Queen


Answered 5 years ago

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