Are You Ready to Find out the Easiest 2 Ways to Increase Your Revenue?
Ok, I've done this myself, I've seen it done by my friends and peers and I've recommended this to clients many times with
HUGE SUCCESS!
It's actually very simple.
- RAISE YOUR RATES
- OFFER PAYMENT PLANS FOR YOUR PRODUCTS OR SERVICES
I had a client come to me a few months ago who was charging way under market value for her services and I basically told her to suck it up and
increase her rates by 400%!! Yes, I told her to raise her rates by
5 times what she was charging clients now. She almost fell off her chair (I think, as we were on the phone).
This new rate was actually the going rate for what she was doing. In fact I am paying someone to do it in my business right now every month!
And this week, a new potential client was doing a Strategy Session with me and this was the main thing I mentioned to her as well to do now to increase her income. She couldn't believe it since it was hard for her to get clients in the first place.
You know what it comes down to though is our own self-worth, right? We don't either believe we are worth 'that much' or we don't believe others will pay 'that rate'. Well, that's not YOUR problem to worry about, it's theirs and the world is a big place and there are PLENTY of the right people who will pay what you are worth IF you buck up and charge what you're really worth!
So, this client of mine; if she takes my advice, she could literally increase her income by
FIVE TIMES with no more work!
It could be that simple if you are not charging enough OR if your perceived product or service value is a lot higher than what you are charging. If you don't know what your value is or what the going rate is - ASK ME PLEASE. I see a lot of different businesses every month and I know how to get you these answers.
As for payment plans; myself and many peers of mine in the info-product industry (selling online products and services) find that we get a lot more orders and purchases if we offer payment plans - especially
OUTRAGEOUS PAYMENT PLANS such as 18 payments of $19.95 or something like that. I do this for some of my products and services even if delivery of those products or services is well before their last payment due date and all of the payments are made online of course too by automatic payment which is the key. You don't want to go trying to collect checks after the fact, that's for sure.
Typically you could offer 1-5 payments spread 30 days apart if you're selling something over $1000 or even for something sold at $500 ($100 monthly payments makes it sound a whole lot easier right?). Now don't forget to pad the payments again for admin processing fees, etc. and to give them incentive to pay up front too you definitely want to charge more for the opportunity to make payments.
If you should need some advice on how to make this adjustment in your business either mentally, physically or technologically -
ASK ME PLEASE. I love to support small business owners with this kind of expansion and going to the next level. Plus, there are many things that can go along with doing these things in your business that you want to incorporate as well, especially in a responsible and respectful way.
The thing is, most small business owners and entrepreneurs say that they take their business seriously or work 16 hours a day to try to prove it, yet
they don't take the NECESSARY STEPS needed, only the ones that feel 'comfortable' to take at the moment.
So, how are you different?
Will you be one of the 6% of the US population that works smarter, not harder, and makes over $100,000 this year?
Or will you remain one of the 94% of entrepreneurs who don't reach for more and revert back to what's comfortable, reachable or seeable?
If you've been considering hiring a business or marketing coach for some time now or are ready to step it up in your business this year for sure but aren't sure where to start then here's an opportunity you definitely don't want to pass up.
For a short time, I've opened up a few spots in my calendar to do a limited number of
complimentary Strategy Sessions with entrepreneurs, however, you must apply for this opportunity. I don't do these calls with just anyone. You must truly
be serious and ready to step it up big and now is a great time to do this so take the necessary action to make this vision of your ultimate life and business a reality and apply for one of these limited never-before-offered complimentary Strategy Sessions for your business now.
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