How Increase Your Coaching Prices

How Increase Your Coaching Prices - Latest 3 Secrets in Increasing Your Coaching Prices

How much do you charge for a simple coaching program? Say something that contains 8-12 sessions that will last for a month or two. If you are charging less than $500, let me tell you that you are not getting what you truly deserve. In fact, I think that this amount is not even good enough for a simple marketing campaign. So, I suggest that you increase your prices now as you deserve monetary rewards in sharing what you know and in helping people to get where they would like to be. Keep in mind that this is business and not some kind of a charity.
Here's how you can increase your coaching prices:
1. Compare your programs against your competitors. The first thing that you need to do is to determine if your coaching programs deserve a higher tag prices and that they are much better compare to your competitors. Check out the programs that are being offered by these people and know the elements and techniques that they are using. Then, compare them with your coaching programs. If your research suggests that these programs are better than yours, you may want to hold off the idea of increasing your prices -- at least for the mean time. Focus your time, energy, and attention in improving the overall quality of your offerings first. Once you are sure that they are more powerful and more effective compare to your competitors' that would be the right time to consider charging more.
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2. Throw in something for free. If you are just like any business owner who's way too afraid to lose your clients in the process of price increase, I recommend that you soften the blow by giving them something more. You can offer more coaching sessions, more options (like the mediums to use during your programs), more information, and more assistance. You can also offer something that can set you apart from the rest; something that are not being offered by your competitors at this time like emergency line where your clients can call you up 24/7 should they have urgent questions or emergency.
3. Communicate the real value of your coaching programs. Obviously, buyers would want to know what's in it for them before they make a purchase. Justify the amount on your tag prices by telling your clients the actual benefits that they can get from your coaching programs. Communicate the type of information that awaits them and the skills that they'll be able to learn after your program.
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