I've gotten this question for YEARS. It comes in different forms from different types of business owners. So I'm breaking it down in a way that is applicable to multiple industries and entrepreneurs.
Before we dive in, if you’re starting your business, or if you're serious about growing your current business, I would love to support you. I just had my *highest* income month ever in May, and I want to show you how to do that in your own business.
I’m opening two spots for my new one-on-one VIP Done In a Day offer. It's one part coaching; one part "I do the work for you." DM me @thebloggerbrunch if you're ready to level up your marketing strategy and want it FAST.
Now, let's get into today's episode...There are a lot of ways to make money online.
There are also a lot of ways to make money using online tools in your offline business. Aka using IG to sell your service.
So ALL of these people are business owners and/or entrepreneurs, and they all have something in common.
THEY SET THEIR OWN RATES/PRICES.
They have to choose a number that makes sense to ask for in return for their goods or services.
I’ve gone through this myself with my personal blog, with pricing event tickets, when I used to do social media management, brand consulting, and now for my courses and coaching packages….and I bet you do too.
First, (bloggers:) throw away your rate sheet.
Second, your price has to align with your experience.
There are 5 traditional ways to set prices. You need to think about *your* price in terms of each of these strategies, THEN decide what is right for you.
Well, those are all great, but now what?
There is no one way to determine your prices, but think about what number would make you feel good to earn. Look at your current rates and how many people are paying...are they the right client for you or are you attracting the wrong people? Your prices might be to blame.
This may take a bit of trial and error, but odds are....you're currently undercharging. Need more support? DM me @thebloggerbrunch and let's chat.
Pitches to Riches is here! Ready to monetize your influencer? Pitches to Riches is the only pitching and negotiating course you need and it’s only $37!
Follow and tag me on IG: