How to Use Pricing to Make More Money in 2021
Did you know that if you don’t have a pricing strategy as a coach you are leaving money on the table?
So where do you start?
You can research the market to see where your competitors are as a starting point. But don’t copy them!
Think about your objectives, and design your business your way.
- Do you want a low price / high volume, option with a global reach? (So you don’t have to show up everyday)
- Do you want to run a mastermind with high impact, that takes your time but makes you a millionaire coach?
- Or a combination of both?
Regardless of your model, you should take a more scientific approach to pricing.
Once you’ve decided what you want and what your main products are then – Keep pushing up the price until you get about a 30% conversion rate.
Better still setup A/B testing to calculate the actual optimum price point – this is where you make the most money. HINT – it isn’t where you sell the most volume!
If you don’t yet have a clear vision and need help unlocking your potential as a business leader then book in for a free Momentum Coaching Session with a senior GrowFactor coach. No strings attached.
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