Profit by Design 377: How to Raise Prices Without Losing Customers (Business Owner Strategies That Work)
Are you struggling to raise your prices because you are afraid of losing clients? You are not alone! In this episode, Melissa Kay and Dr. Sabrina Starling explore specific strategies to increase your rates while keeping your best clients satisfied confidently. You’ll learn the mindset shifts that make price increases feel natural and justified, how to communicate price charges without losing trust, and proven strategies business owners use to raise rates and grow profits. Stop leaving money on the table and start charging what you’re worth—without fear.
Profit by Design is a Tap the Potential production.
Show Highlights:
- Mindset shifts around price increases that protect your margins AND your team
- Steps to establish a framework for regular price increases:
- Work with your ideal clients only.
- Understand the 80/20 rule.
- Keep clients who realize and appreciate the value of your services.
- 75% of our clients stay with us for 3+ years!
- Focusing on what your top clients need and what they appreciate about your business
- Tying your price increase to the value you are delivering to the top 20% of your customers
- Identify your top clients before spending your marketing dollars!
- Outcomes you can expect from implementing the Tap the Potential Solution
- Advice to keep your business from consuming more of your life
- Confidence to charge appropriately
- Making your business unique
- Ready to raise your prices with proven strategies that will make your business sustainably profitable? Help is available! We have a tool, the Better Business Better Life Assessment, that provides step-by-step guidance.
Resources:
Ready to take your life back from your business? Want more time for what matters most and more money in your bank account than ever? Book a call with us today!
Master your time and profit! Give us 20 minutes of your time, take the Better Business Better Life Assessment, and receive a free paperback copy of my book, The 4 Week Vacation®️.
Join the Tap the Potential Community on Mighty Networks: www.tapthepotential.com/group.
Mentioned in this episode:
Jumpstart Your Business!
Spending too much time working and not paying yourself enough? In 30 days, you could reclaim 10 hours a week and finally enjoy weekends — while your business runs well without you. Click here to join us for the final Better Business Better Life Jumpstart of the year happening Dec. 3 and 4th. https://www.tapthepotential.com/jumpstart