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STAS 4 - Ditch Hourly Rates and Increase Your Profits
Manage episode 419271096 series 3571490
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Ditch Hourly Rates and Increase Your Profits
If you want to learn the best way to charge a service fee, and make a year's income in 7 months or less, sign up for this free training: https://www.sprinklertechallstars.com/free
In this candid episode, Wade Carter, a sprinkler tech professional with years of experience running a thriving sprinkler tech business, makes a passionate case against charging hourly rates for residential irrigation services. Through stories and examples, he shows how hourly pricing damages your profits and client relationships.
In this episode Wade answers:
- Why hourly rates create an adversarial dynamic where clients resent every minute you're on the job?
- How implementing service fees, flat-rate pricing, and upfront cost authorization allowed Wade to increase invoices over 250%?
- What specific methods you can use to explain and justify your flat-rate pricing to help customers understand the value and accept higher repair fees?
Wade provides a 3-step blueprint for elevating your income by ditching hourly rates and positioning your expertise as worthwhile investment, not a timeclock battle. If you're tired of unmet expectations and underearning, don't miss his hard-won insights.
To learn more about starting and running a successful Sprinkler Tech Business, head over to Sprinkler Tech All Stars and sign up for the free flat rate pricing training.
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