3 Pricing Strategies for Service Businesses
Can you scale your business without hiring (or cloning yourself)?
If you can think of scaling primarily in terms of increased revenue, it doesn’t necessarily require additional staffing. You can instead scale by optimizing your pricing in ways that increase your revenue per engagement or allow you to reach a broader audience.
In this week’s live stream, I will review 3 of the most common pricing models that can benefit professional service businesses:
- Tier-based pricing
- Retainer based pricing
- Productizing
- And a bonus model!
I will share with you their upsides, downsides, and the business growth stage at which each can be most advantageous.