How To Think About Pricing Your Services
- Writer for DDI on Medium
- Apr 1
- 2 min read
Updated: Nov 25
If a client shuts down their business for personal reasons, some time after working with you, the person not achieving their end goal, is that on you or them?
Then why would you base the cost of your services on something beyond your control?
NO COCK N BULL STORY
Kenwin wanted Cru Nonpareil to become the first luxury shoe brand in Trinidad and Tobago, but he also wanted the business to make money straight out the gate! Therefore, the cost of the project is based on the particulars of setting him up for success. Not just for the future, but immediately as well.
The range of problems within the core idea of your packages, the type of client who fits the project, and the approach to your work are set first, so you can price based on value rather than the client being “OK” with the cost or not.
I don't care who is doing it!
YOU THINK INDEPENDENTLY FROM THE STATUS QUO: TURN AUTOPILOT OFF!
Connecting your work to a certain outcome means the solution you apply gets the client from point A to point B.
It’s about what you’ve lived and learned that you’ve turned into a bridge for others.
This is why ChatGPT prompts discredit expertise.
I know it’s possible to raise your prices, despite being new to business. I've successfully raised my prices about 5 times, and successfully helped my clients raise theirs, while some think it absurd, and tout free work.
You have to be able to identify how something doesn't apply to you.
I have observed people claiming to help people price their services and always have money flowing in, but also complain about 95% of their audience being unwilling to pay $30TTD’s for their services—the skill to deal with their problem is absent because the person never solved it for themselves first.
So, what have you experienced that makes what others say not applicable to you?
In conclusion, I hope this motivates you to think differently about pricing and raising your prices.
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