301. How to Double Your Prices
The Chris Harder Show
Chris Harder
4.9 • 1.5K Ratings
🗓️ 30 January 2020
⏱️ 18 minutes
🧾️ Download transcript
Summary
In This Episode You Will Learn About:
- Knowing when to raise your prices
- Why not raising your prices hurts people in your industry
- Knowing your customers and clients
- Knowing your agenda
Resources:
- Fast Foundations: fastfoundations.com
Show Notes:
People notoriously underprice their services. You need to value what it is that you do and the service you are providing to others. Let this episode serve as a reminder for how to set your pricing, and why you're setting the pricing you are. I tell you the factors you need to consider when setting your pricing as you become more valuable in your industry.
Follow me on social media @ChrisWHarder on Instagram and check out www.ForTheLoveOfMoney.com
Transcript
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| 0:00.0 | So if you're trying to price your prices premium, you need to say, |
| 0:05.0 | who's my client? My client is somebody who appreciates X, Y, and Z is willing to pay for it. Welcome everybody, this is for the love of money, where we are making you |
| 0:20.3 | unapologetic about your pursuit of success by sharing the tools, |
| 0:24.8 | tips, and stories of those who have already made it. |
| 0:28.4 | My name is Chris Harder, and each week I will bring you incredible guests in order to prove that when good people make good money they do great things. |
| 0:42.0 | Hey everybody welcome back to another mini episode for the love of money |
| 0:45.4 | episodes that I like to call my two cents and today I'm going to be weighing in my |
| 0:48.2 | two cents on this awesome conversation I had when I was getting spray tanned by the girl Megan who comes and |
| 0:54.9 | spray tans us usually every week or every two weeks. Now by the way go ahead you feel |
| 0:59.2 | free to send me all the jokes you want about getting spray tanned while I live in California. |
| 1:04.0 | Feel free to DM me with all of the little jabs and jokes that you want. |
| 1:10.0 | We love getting spray tan number one because we just like how we feel when we have a little bit of color. Number two, we try to stay out of the sun as much as possible. |
| 1:18.2 | Anyhow, getting spray tan turned into a really cool episode. a great reminder for all of you on how to set your pricing |
| 1:26.9 | and why you're setting the pricing that you are setting. |
| 1:31.5 | Now what I'm about to teach you, how to set your pricing and why you |
| 1:34.3 | set it and pricing for your agenda, knowing your client and all these things, this is |
| 1:37.8 | like one small sliver of what we teach in fast foundations to our early stage entrepreneurs. |
| 1:44.3 | And when I say early stage entrepreneurs, |
| 1:46.7 | I mean anyone who is making their first couple of thousand dollars, |
| 1:50.6 | but definitely below $469,000 a year. |
| 1:53.7 | Now that may sound like a wide range to you, |
| 1:56.2 | especially if you're making 100 grand or 200 grand, |
... |
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