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 setting prices

FEW REMINDERS WHEN

create your price list

Create your price list starting with the most expensive service first, then they will be more compelled to book the lower service

round your prices

 Round your prices to the next dollar amount. 79.99 is more overwhelming than $80

 package services

To sell more services or to encourage your clients to book a luxury service, create comprehensive packages for your clients.

Once I created bridal packages versus itemizing all of the bridal cost, I started booking weddings with ease because packages are easier versus an itemized list of expenses.

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DOES MY PRICING MAKE SENSE FOR

the clients and for my business?

Remember:

This is a business…NOT A HOBBY

 

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The key is to not only get new clients, but to get them to come back again and again. 


Ask yourself…


Does your pricing turn people away? 


Prices should be set based on competition in surrounding areas. 

 

Is your income secure?
 

Take Deposits/Retainers (40% - 50% of the amount for service)

Deposits should be non-refundable/non-transferable

Enforce Late Fees - $10 for every 10 minutes

 

Know when to let the money do the talking
 

Return portion of funds  when  you inconvenience clients.

Splurge on your luxury service clients (bridal box)

Do not undercut

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