Raising Your Rates Can *Increase* Your Business

Written by Diane Hughes


How many times have I heard literal horror stories from Internet business startups? Too many times to count! I get emails from those who just simply can’t seem to make a living online. They’ve tried everything (according to them) and are still struggling to make ends meet.

At some point,repparttar "conversation" always turns to price. That’s where I find a lot of online business people making their mistakes. The common mindset among Internet business startups is that you have to keep your prices rock-bottom low in order to attract customers.

Nothing could be further fromrepparttar 104597 truth! Raising your rates (in some cases) can actually increase your business. How so? Here are several reasons....

1. People Equate Price With Quality

I’m sure you’ve heardrepparttar 104598 expression, "You get what you pay for." That statement comes from a long line of lessons learned by people acrossrepparttar 104599 globe who have bought something at a discounted price and regretted it later.

Mayberepparttar 104600 product was used. Maybe it was made with inferior materials. Perhaps a "discount" service they tried fell through and left them in a fix. It could be any number of reasons, but those who have triedrepparttar 104601 "bargain" or "discount" route and have been burned are quick to look for higher priced products and services. It makes them feel safe.

I know of several online business owners who raised their rates onrepparttar 104602 services they provide. What happened? For about one week it seemed they had maderepparttar 104603 wrong decision. Business all but stopped! However, after that "adjustment" period, floods of leads came rolling in. They never regretted it.

2. Customers View Higher Prices As A Status Symbol

It’s true! I’m sure you’ve met some people who love to brag about how much they paid for everything they own. Their car was custom ordered fromrepparttar 104604 dealer and cost much more than any old car chosen fromrepparttar 104605 showroom floor. Their clothes reflect this season’s latest trends and were purchased at full price fromrepparttar 104606 expensive department store... NOT at an end-of-the-season clearance sale. I could go on and on.

What Are Your Priorities?

Written by Deidre McEachern, ICF Certified Personal Coach


"The indispensable first step to gettingrepparttar things you want out of life is this: decide what you want." -Ben Stein

Atrepparttar 104596 end of every Winter as warm weather and sunshine approach I find myself keenly aware of where I'd like to be spending my time. Outside as much as possible! I thinkrepparttar 104597 changing ofrepparttar 104598 seasons is a great time to re-evaluate our life and what areas we would like to change. After all, if you don't know what you want, it's impossible to get it.

Take a moment now to evaluate your quality of life. Do you know what you want from this life before your time is over? Onrepparttar 104599 suggestion of a good friend, I sat down recently and wrote out a list of my personal priorities. It was a very eye-opening and useful experience. Once I could see clearly (on paper!) my true, personal priorities it was obvious what small changes I could make in order to more fully live my liferepparttar 104600 way I want. It is a very motivational experience that left me feeling fully "alive".

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