Small business low cost marketing tools, tips and strategies on $17 a Day. A D&B, Fast Company Top Influencer Host #BizapaloozaChat Mon 2pm ET. and Thu 8pm ET.
That’s a wrap on today’s #BizapaloozaChat! Raising your prices isn’t about charging more—it’s about owning your value. Go get paid what you’re worth. See you Thursday night! #BizapaloozaChat
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A5a Confidence comes from recognizing that price reflects value, not self-worth. Businesses that keep improving their expertise, service and results shouldn't feel guilty about charging accordingly. Fair pricing supports better work for every customer. #BizapaloozaChat
A4) Constantly add value to your clients through tools, checklists, newsletters, etc. Make yourself an integral part of their team, not just another outside vendor. What are you feeding them? #BizapaloozaChat
Did You Know?
According to a 2024 NMI survey, 78 percent of consumers said they would pay more to support small businesses, highlighting the value many customers place on relationships and service. #BizapaloozaChat
@jaimeshine In the end, when we have to move on, someone always stays behind. And we have to do what's good, and also profitable for the businesses we run. - Iva #BizapaloozaChat
A4 Loyal customers deserve appreciation, but that doesn't always mean permanent discounts. Consider advance notice, legacy pricing for a limited time or added perks. Reward the relationship without making the business harder to sustain. #BizapaloozaChat
A3) Offer a special pricing plan that locks in the price for specific value, but do this ONLY for your A-list clients. Price increases are a way to weed out clients you should probably fire anyway. #BizapaloozaChat
A2: Know your worth. Understand the value that you bring and document it (stats, wins, case studies, etc.). Have difficult conversations with clients about why you need to charge more. If you do lose a customer, it may open the door to finding better ones.
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