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.