@@billyb4790 well obviously if no one is buying its too expensive, but if people say yes 100% of the time and dont try to get it lower then its probably too low
I also think the higher price requires higher commitment from the buyer therefore higher chance of success higher satisfaction! Completely different perspective! Thanks Dan!
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.
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.
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.
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 🤔
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 🤣
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
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
I like that last bit! “If people aren’t giving you a hard time about your prices, you’re charging too little”
yeah but at some point there's a cap
@@billyb4790 well obviously if no one is buying its too expensive, but if people say yes 100% of the time and dont try to get it lower then its probably too low
I also think the higher price requires higher commitment from the buyer therefore higher chance of success higher satisfaction! Completely different perspective! Thanks Dan!
Awesome the last 20 seconds really hit home. Thankful to hear this morning as I'm on way to clients house to complete and collect pay
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.
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.
You have inspired me so much to start my youtube channel thank you so much
What you said in the end is actually true. When someone undercharges me for something, i'm like" yeah ok, excellent" 😂
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.
Watching this was amazing!
Great Dan , first mind set second value
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 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
how do i monetarize my chat room? charge to enter the room?
wow - absolute wishy washy tripe, great job in describing this codswallop!
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?
My name is Lok, Dan Lok.
thank's very much Sir.
If they aren’t bitching about your prices you charge too little 🎯 #yuhhurdme
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?
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
Great one king 👑
Nice bro
Appreciated
Hi Mr Dan lok please how can I get you?
How about morals and ethics over marketing and gouging?
My confort asking for more, for what im worth.
Resistance
this video came right on time
very like it he's a real person it's my mentor but didn't know hehe he's my idol
Roger that. Out of comfort
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
Nice
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
Thousand Bucks! Wow.. more.. really.. double it! 😀
Good Day Here in Philippines customer prefer low cost price and expect an excellent output LOL 😂
Aap all videos Hindi dubbed me upload kare
💪💪
so you were just increasing the price for no reason ! lol
so this guys sells courses to make his money but doesnt actually run any businesses.
I have talking on phone phobia
Good 👍
Hi
❤
1st cement
Cement?
@@prathmeshchandwale1506 yes
@@krishnamohan8040 no
@@prathmeshchandwale1506 yes bra bhai 🥺
Work on your English bro
I charge 40000$. Now, they react:) as I charged 20000$, it was okay..lol
ME FIRST
Onli me first 😡
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