http://www.schoolforstartups.co.uk/community/tags/community The community space of the UK's leading provider of business training for entrepreneurs en-US Thu, 09 Sep 2010 00:15:10 +0000 http://bbpress.org/?v=1.0.2 q http://www.schoolforstartups.co.uk/community/search.php http://www.schoolforstartups.co.uk/community/topic/is-it-possible-to-fix-your-prices-if-you-got-them-wrong#post-40 Fri, 05 Mar 2010 00:32:17 +0000 EnriqueSanguino 40@http://www.schoolforstartups.co.uk/community/ <p>Hi to all S4S community</p> <p>about my above question, i'd like to ask you what would you do<br /> if you want to correct your prices (Simply because we cannot afford charging<br /> those super-low rates anymore) to adjust them to the market prices of<br /> a service. </p> <p>i assume the client would leave us and find someone else<br /> to offer the same service</p> <p>I see some things could happen: </p> <p>1. The client (who already is happy hiring your services) will not<br /> be willing to pay the increase, and may find someone to replace you<br /> if you tell him you want to double your rates. </p> <p>2. If I put myself in a better position (get a larger SEO, then leads, then more sales)<br /> and then say "good bye, i don't need you anymore"<br /> because I could be more productive with another new client. </p> <p>3. get a new client and say good bye to the old one.</p> <p>I don't really like the idea of losing a solid relationship with a client that<br /> has been taken years to build. However when it comes to money,<br /> some people would not feel attached to anyone and would easily say goodbye.<br /> No one is essential. </p> <p>I am learning my lesson. It's not good to be the cheapest, because<br /> there is always someone who could be cheaper than you. Also, it sends the<br /> wrong signal when creating a negative perception of being cheap. </p> <p>Doug said, "price is discovering, it's not the sum of your desires". Since<br /> i've heard that I've been trying to figure out how much value we give<br /> to our work and how much clients are willing to pay for that. When<br /> comparing the market prices, I realise there is room for our prices to<br /> go up, it's only a matter of time to see if we could increase the prices<br /> as much a we want. </p> http://www.schoolforstartups.co.uk/community/topic/just-a-compliment-great-new-website#post-5 Wed, 13 Jan 2010 12:27:28 +0000 David 5@http://www.schoolforstartups.co.uk/community/ <p>Thanks! </p>