The 4 reasons you SHOULD raise your prices

Business Worth The Journey Seattle

Should you raise your prices? Here are 4 reasons you should (the most important one is last!)

  1. You no longer feel aligned with your pricing - ex. you feel resentful of showing up for sessions - could be your pricing is too low

  2. You have trouble charging money for anything - ex. your online course with 20yrs of expertise shouldn't cost $14, it should be $50, $100, maybe $500 depending on the content

  3. You’ve had the same prices for years even tho your skills have grown significantly - ex. if you've done extra trainings, worked with a lot more clients.

  4. The most important one is when you realize there's a better price to match the audience you want to attract - ex. if you sell body butter and charge $15 you've got a very different audience than if you charge $100 per jar 

Those are the times you SHOULD raise your prices. I've got another video coming up about how to avoid alienating your audience when you raise your prices. it's a big decision and I've seen it cause businesses to crash.

Noé

Worth The Journey

Worth The Journey is a digital marketing agency that helps businesses of all sizes reach their full potential. We specialize in web design, brand & graphic design, and business coaching. We also help with social media management, SEO, and email marketing. We're not your typical digital marketing agency. We're bold, we're fun, and we're always up for a challenge. We believe that every business has a unique story to tell, and we're here to help you tell it in a way that will resonate with your audience. If you're looking for a digital marketing agency that will help you grow your business, then look no further than Worth The Journey. We're here to help you take your business on a journey to success.

https://worththejourney.com
Previous
Previous

Sales tip: the 3 buying stages and how to sell to them

Next
Next

When you’re feeling stuck write it down, get it all out on paper