3 Pricing Models For New Service Businesses

How should you price your service? Too much and no one will buy; too little and you’ll risk people undervaluing it and again, no one buying.

Almost every new founder of a services business faces this kind of struggle with pricing early on.

Pushing the limits of how much you can charge is one of the most challenging parts of building a successful 7 or 8-figure business.

I’ve studied and used many pricing strategies over the years. In this week’s live stream, I will share with you their upsides and downsides and review 3 of the most common pricing models for professional service businesses:

  • Hourly
  • Project-based
  • Value-based

Next week, we’ll cover 3 more advanced models.

Feras Alhlou

Feras Alhlou

Feras has founded, grown, and sold businesses in Silicon Valley and abroad, scaling them from zero revenue to 7 and 8 figures. In 2019, he sold e-Nor, a digital marketing consulting company, to dentsu (a top-5 global media company). Feras has served as an advisor to 150+ other new startup businesses, and in his current venture, Start Up With Feras, he's on a mission to help entrepreneurs in the consulting and services space start and grow their businesses smarter and stronger.

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