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Have you ever felt that it was time to raise your prices, but held back due to fear?
Maybe you imagine that if you raise your prices, your clients will stop buying from you or worse, you’ll go out of business altogether.
But as you know, pricing is a multifaceted and often complex issue that can change with each industry.The key to charging more is knowing how to properly convey your value. @Ramit Click To Tweet
Which is exactly why we’re diving back into pricing on today’s episode of MarieTV with my dear friend and personal finance expert, Ramit Sethi.
One of my favorite parts of this video is the classy and highly persuasive word-for-word script Ramit’s shares that you can use to raise your prices in a way that creates a win-win scenario for you and for you clients.
What I love the most though, is how raising prices using this approach forces us as entrepreneurs to deliver more value and articulate how we’ll do that now, and in the future.
Get ready to take a lot of notes, click play and enjoy!
Remember, insight without action is worthless. So let’s get into action together in the comments below.
You’ve got options based on your level of experience and, of course, what’s most relevant to you. Even if you don’t own a business, this strategy is highly transferrable to negotiating a raise, so feel free to share based on where you’re at.
Let me know:
Have you ever raised your prices? How did you do it and what happened?
Challenge yourself and write 3 or 4 sentences below about what you could say to your clients to raise your prices right now.
Describe the massive value you do and will deliver that will make them happy to pay you more.
I’m really excited to see what you come up with!