2 weeks ago
How to Determine What You Should Charge Customers How much should I ask for? Especially in the early days of your business, that’s the most stressful question. Demand too much and you might drive potential customers away. Ask too little and you’ll dig yourself into a hole with razor-thin margins. Here is one of five questions to ask to get a better sense of how much you should be charging. 1. What’s the going rate?
You may end up wanting to charge significantly more, or less, than others in your field. But in order to make that decision, you should at least be aware of what’s going on out there. Start with online research to see if packages and fees are listed on competitors’ websites. You can also reach out to friends and colleagues who may have employed similar vendors in the past; they’ll likely be willing to share their experiences and how much they paid. And sometimes the best information comes from the horse’s mouth: many people in your field will be warm and collaborative if you ask for their help. Often, they’ll freely reveal what they charge and how they structure their pricing. If you have questions and seeking other knowledge on this subject, look out for my upcoming Wealthy Barber Talks this fall. #mensgroomingexpert #mensgroomingproducts #mensgrooming #cosmetologist #haircoach #entrepreneur #careersuccess #expensive #upgrade #wealthy #rollsroyce #newmoney #millenials #thewealthybarber #selfmade #lifecoach #payyourfirst #revenuestream #mensbusiness