EP01: When Is It Time to Raise Your Rates
Manage episode 407382479 series 3560841
Sales Leaders Natalie Jill and Sinclair Kennally discuss the right time to raise your prices and considerations before making that move.
When you’re getting a price objection, you’re working with somebody too early in their journey. Raise your rates if you want to work with the right people who envision their transformation and are further down the line. If you want more free time, increase your price to avoid trading all your hours for dollars and prevent burnout. Remember, our value could be more than what you’re charging because of the transformation you provide. See what your clients need and inform them that you can help them achieve long-term changes in their lives.
Most importantly, it helps to raise your prices when you need to. You get to serve from a full cup and have your needs taken care of so you can serve your customers adequately. There’s no reason to feel guilty about charging more if your results speak volumes. Don’t compare yourself to what others are doing. Focus on the value that you offer. Aside from having integrity in your work, you must also have integrity in yourself.
▶️ When to Raise Your Rates
Key Points:
01:43 Audience is further in their development journey.
02:36 You need more free time.
03:37 Your impact and results are worth more.
06:47 You get to serve from a full cup.
07:54 Let go of the guilt.
Grow your impact and income with positioning that sells.
The key to high impact and high income is the discovery of YOUR unique identity and how to connect with your audience.
To do this, you need to identify three things clearly:
HELP: Who YOU are Solving a Problem For
INTEGRITY: Why You’re the RIGHT Person to Help
IMPACT: How & Where You Will Be Known
Increase your reach and revenue by authentically defining your unique message and establishing yourself as the credible leader you are, and you will expand your reach and increase revenue.
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Let us help you craft your UNIQUE compelling messaging, story, and strategy that will multiply your REVENUE.
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