How to Use Pricing to Make More Money in 2021

by | Apr 7, 2021

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.

BOOK FREE COACHING SESSION


We’d love to hear what you think of our new brand, leave us a comment below!

Do you know which areas of your business are underperforming? Take our GROWTH assessment and we’ll send you a tailored growth plan for free.

Related Resources