Apr 23, 2024
During today's episode, I discussed how you can raise prices for your business while keeping your existing customers happy. It was fascinating to explore the mathematical precision of price increases and how to navigate customer perceptions.
I will share more valuable insights like this at my upcoming free workshop, Level Up Your Landscaping Business. For practical tips, check out my free workbook. Find out more at Keith's Workshop - Level Up. Click This
Don't forget it's all about creating a healthy, profitable, and successful future for your business. Stay tuned for more game-changing strategies.
Topics Covered:
00:00 - Serving customers with loyalty and offering
additional services can dramatically increase profits and allow for
business growth.
06:56 - Undercharging for landscaping may attract low-paying clients, impacting your business identity and beliefs.
Key
Takeaways:
- "Gotta keep them how you got them": The importance of maintaining customer relationships while strategically raising prices.
- The strategic math behind price increases: Understanding the potential impact of different percentage raises on your customer base and overall revenue.
- Leveling up your business identity: Recognizing the need to evolve and grow your business identity and pricing strategy, and the potential benefits of attracting new clientele at higher price points.
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Resources and Websites:
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