Service Business: You only increase price for your service when you have built undeniable value for yourself.

[King Belieal]

I see some people that are in the business of providing services thinking that they can increase prices when they want. Years of practice won't make people pay you more. It is how much your service has improved overtime and clients see that your value has truly increased.

 

[Kross]

There are people that just want to charge high prices when they have not yet built themselves to command that price.

 

[Augusta]

That's right xx our can offer the same service like others but you still get patronised more if you give premium service. People would be willing to pay

 

[Stardom22]

While the prices go with the quality of services being rendered it would be great when if you could be providing the most high quality services at reasonable fees.

 

[eLdavis]

Okay what about in a situation where your services has greatly improved and you know it is the right time to increase your price, but there are still some customers arguing with you on the price, how do you handle this.

 

[Trush Jodie]

Okay what about in a situation where your services has greatly improved and you know it is the right time to increase your price, but there are still some customers arguing with you on the price, how do you handle this.

You carefully thrash those kinds of customers. Customers that would understand your true value would still come around. You don't have to be scared of losing customers that don't understand your value.

 

[Augusta]

Okay what about in a situation where your services has greatly improved and you know it is the right time to increase your price, but there are still some customers arguing with you on the price, how do you handle this.

In that state you just have to be firm and let them know that you are offering them premium services for their money

 

[Miley]

In that state you just have to be firm and let them know that you are offering them premium services for their money

That's true. When they see that you are confident and truly have superior services, they would always come back to patronize you.

 

[Augusta]

That's true. When they see that you are confident and truly have superior services, they would always come back to patronize you.

My point exactly they need to know this and still hold on to your power

 

[eLdavis]

In that state you just have to be firm and let them know that you are offering them premium services for their money

Thanks, this is what am currently going through. I started my graphics design work charging 2k after picking both free and paid classes and so on i increased to 3k some complained but still pay, i still kept on taking classes and so on, now i charge 5k some are okay with this, some complain. This same work others charge 15k and more. Am thinking of increasing to 7k for now not cause i want to, but the cost of data and fuel is something else, and i am giving them more value, but some still price at a very discouraging rate. I lost a job a few weeks back due to this. The lady refused my price.

 

[Kera]

Customers are always willing to pay more as long as they perceive the value of the products or services has improved.

 

[Augusta]

The thing is that when you have more clients you can increase your price. They know your value that's why they are coming in droves to you.