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Is Your Pricing Telling The Right Story About Your Value?

Is Your Pricing Telling The Right Story About Your Value?

FromMAP IT Marketing


Is Your Pricing Telling The Right Story About Your Value?

FromMAP IT Marketing

ratings:
Length:
28 minutes
Released:
Jun 1, 2023
Format:
Podcast episode

Description

Pricing right isn’t just about making sure we make some money (that’s the bare minimum expectation). It’s also about sending a message that you’ll marketing will build out about who you are selling to, what you are selling and why you’re the best option at that level of pricing
 
Setting yourself too low and providing a high value product or offer may mean people don’t trust you enough to buy it. Or setting your price high, and now having a brand that can carry your pricing might also become a problem
 
We walk though my pricing triangle model to help work out what you need to consider at the three core levels of pricing. 
 
Then we take a look at service based businesses and whether you fit a done for you, done with you, or You do, I guide, model and what that means for your pricing too. 
 
If you struggle to work out how to place yourself in the marketplace, this podcast will help you clarify your pricing, your value and your positioning. 
 
In this episode we cover:

What message you send by your pricing
Why your offer needs to be set by your time, the size of the audience, and the type of offer
What you need to think about when setting your pricing
What mistakes people make when setting their pricing too low.
What you need to be prepared for with selling higher ticket items
How you need to consider pricing as a service based business, looking at the three core options

 
 
 
Important Links
Come to Rachel’s Free content strategy workshops
Register interest for Rachel’s content coaching programme
Rachel’s SUBSTACK
Rachel’s YouTube Channel
Join the My MAP IT Marketing Strategy School
Become a part of our Facebook group
Buy your copy of Be a Spider, Build a Web
Download OUR free Face of your Business checklist
Download the free workbook
See omnystudio.com/listener for privacy information.
Released:
Jun 1, 2023
Format:
Podcast episode

Titles in the series (100)

Trying to work out how all your marketing fits together is tricky, especially when you're trying to juggle everything else you need to do while running a small business.  MAP IT Marketing steps you through how to create your own marketing map, building out a marketing strategy that is practical, and will help you take action after every episode. Listen and learn with your host, marketing strategist and coach Rachel Klaver, as she breaks down the steps of building out a marketing action plan specifically for the small business owner. (because we are different than a big company! We have smaller budgets, less resource and far less time!) Join Rachel as she shares her own business lessons and learning, or enjoy her expert guests talking tactics to help you become more confident in your own marketing. As we walk through all the different steps you need to take to build out your marketing activity, you'll be able to note what you need to do to implement the marketing advice and tactics. Think of it as your own marketing coach, helping you sift through all the small business marketing information, and working out what you need to do next.   Want a clear direction in your marketing? Let's come make a map.