Increasing Your Price
Knowing what to charge for a product or service is difficult at the outset. As services are intangible, you must justify the cost for your time prior to getting the experience and expertise necessary to charge the price you deserve. Increasing your price is never easy!
You will eventually want to increase your price if you:
- Learn new things that enhance the quality of your services.
- Have gained a better understanding of what you should have been charging in the first place.
- Want to charge a price premium over what is currently available.
Defending a price increase to your existing customer will be complicated! Use this module to gain insight on how to tactfully justify a price increase.
Topic Objective: Learn how to increase the value of your offering to justify a price increase.
Your Outcome: More revenue for your company and hopefully more profit!