How I Raised Prices Without Losing Clients
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- Опубліковано 10 лип 2022
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What should you do when you are getting busier and busier? One thing you could do is raise your prices, but what happens to your existing clients? How will they react and how can you make sure you don't lose them? Find out in today's video.
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#RaisePrices #Clients #sales
This video is about How I Raised Prices Without Losing Clients
• How I Raised Prices Wi...
I like that last bit! “If people aren’t giving you a hard time about your prices, you’re charging too little”
I also think the higher price requires higher commitment from the buyer therefore higher chance of success higher satisfaction! Completely different perspective! Thanks Dan!
Great Dan , first mind set second value
You have inspired me so much to start my youtube channel thank you so much
This is inspiring, one thing I've come to know is when work demand is high, that's the exact time to start increasing your price irrespective of the nature of your business. I started my services charge at $25, then, I increase it to $50, and as soon as more clients keep coming and I keep getting busier and better, I increased it to $75, then, $100, then $125, it's currently at $150. Yesterday I was imagining how I've been able to transition from $25 to $150 with the same kind of service, that's basically how it works. I haven't gotten to Dan's level of 1000$ much less of charging 2000$ but I'm optimistic that better days are coming, just I've plan to diversify my works. Dan, you've been a motivation to millions of people, entrepreneurs, and business owners across the world, and I'm saying thank you.
Watching this was amazing!
Actually, I also had to increase my price to about x3 in order to start getting more customers, but I'm thinking about increasing it again, because I'm not still getting resistance from some clients.
What you said in the end is actually true. When someone undercharges me for something, i'm like" yeah ok, excellent" 😂
In this case I think we must find out another way , it is not not how to rise the price or manipulate about clients , it's depends on the market cause every area has its own techniques , if I have to buy in higher price I should give him a higher quality so the costs will be more than I planed before , anyway it was a great illustration. Thank you Dan.
Wow Dan Lok much respect from Nigeria
This also happened to me when my girl friend asked me to increase my service fee she asked me to increase it 5x I was like no one would ever pay but guess what I even got more sales I later realized some of my older clients didn't pay not because they didn't have the money but because they thought it was just too cheap too good to be true 🤔
What is your service?
@@mosesoluwatobi3630 I make professional 2d animation for businesses and music artists and who ever is interested in an animated video
My name is Lok, Dan Lok.
thank's very much Sir.
Such an important advice! Time is indeed money and we mustn't value ourselves less. Thank you Dan!
Brother time is not money, that is poverty language, rich people all over don't trade their time for money but poor people do!
wow - absolute wishy washy tripe, great job in describing this codswallop!
Nice bro
Appreciated
If they aren’t bitching about your prices you charge too little 🎯 #yuhhurdme
I actually priced my entire collection at a very high amount to get noticed. I am getting too much resistance. Haha Is that a good approach?
how do i monetarize my chat room? charge to enter the room?
In our country every price is high customers making their faces even for low price some want almost free n some trying to keep the price low by mentally effecting the sale man 🤣
Where're you originally from?
Great one king 👑
Nice
Nice, that's the basic concept of mentoring, it may sound crazy at first 😂😂, but like you said never argue with results, it's always what you didn't expect
this video came right on time
My confort asking for more, for what im worth.
Resistance
I am the first video viewer on this video
Roger that. Out of comfort
Hi Mr Dan lok please how can I get you?
People tell me my products are too expensive ,people prefer low products even if it wasn't effective..They only care Abt the low price
very like it he's a real person it's my mentor but didn't know hehe he's my idol
Hi
💪💪
How about morals and ethics over marketing and gouging?
Thousand Bucks! Wow.. more.. really.. double it! 😀
Aap all videos Hindi dubbed me upload kare
Good 👍
He didn't tell how his clients reacted on doubling the price... Just have confidence and double the price.. it looks stupid !!
U won't believe it actually works
Good Day Here in Philippines customer prefer low cost price and expect an excellent output LOL 😂
I have talking on phone phobia
so you were just increasing the price for no reason ! lol
1st cement
Cement?
@@prathmeshchandwale1506 yes
@@krishnamohan8040 no
@@prathmeshchandwale1506 yes bra bhai 🥺
Work on your English bro
ME FIRST
Onli me first 😡
so this guys sells courses to make his money but doesnt actually run any businesses.
I charge 40000$. Now, they react:) as I charged 20000$, it was okay..lol
But in India, it's not/never Possible 😅
People tell me my products are too expensive ,people prefer low products even if it wasn't effective..They only care Abt the low price
Hi,
You are Nigerian?
I'm one. The struggle is real. I doubled my product prices but I didn't just do that.
I improved my packaging and turned shopping with me into an experience.
You have to prove to people why it's worth the price I guess.
And what's your target audience?
I sell luxury Hand-picked Jewelry pieces, it's not for everyone.
Don't target everyone.
I have gotten a ton of customers and I'm working harder on building my brand. Good luck