this trick helps you earn more
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

This trick helps you earn more

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchronicleThis trick helps you earn more

This trick helps you earn more
Tehran - FNA

Many service providers agonize over how to price their services. If the number is too high, it might scare away potential clients; if it's too low, you're providing your services on the cheap.
What's the solution? Ask about the budget before discussing the price.
Start the conversation by discussing the client's specific needs, and scope out, in general terms, the results that both of you expect from the service you'll be providing. At that point, ask, "What kind of budget did you have in mind?"
You'll get one of three possible answers:
"We don't have a budget yet."
"About how much will this cost?"
"The budget is around $xxxx."
Answer No. 3 means money in the bank, but before I explain why, let's go over how to handle the other two answers.
Answer No. 1: "We don't have a budget yet."
The potential client is not really a potential client. His company is not ready to buy, so it's pointless to talk about price.
Instead, turn the conversation to the budgeting process. Find out how budget decisions are made, how (and what) his company has paid for similar services in the past, and what you need to provide to help the client secure a budget, who the decision makers are, etc.
Work through the budget process until the client comes up with a number. Skip directly to Answer No. 3.
Answer No. 2: "About how much will this cost?"
In this case, the potential client already has a budget in mind and wants to know if you're in the ballpark of what he's thinking.
If you hear this answer, do not stonewall in the hopes of getting a budget number. You'll only irritate the client.
Instead, quote a range of prices, with the final price dependent upon the exact amount of work involved. This isn't ideal, but you're no worse off than if you had launched into a price discussion without trying the question.
Answer No. 3: "The budget is around $xxxx."
In my experience, Answer No. 3 comes up about 60% of the time, especially if the client contacted you rather than the other way around. In either case, that number reflects the value the client puts on the service you provide.
That's a really good thing to know, because if you know your service is top quality, you deserve top dollar, and top dollar is defined as the highest amount somebody is willing to pay for something.
When you hear Answer No. 3, respond as follows:
If the number is absurdly low, explain that your service is not in his company's price range and suggest an alternative.
If the number is anywhere within reason, your answer is always: "I can work within that budget."
In my experience, the client will often state a budget number that's bigger than what you were considering on your own. Sometimes a lot bigger.
For example, one time a major magazine asked me to ghostwrite a long advertorial over the Christmas holidays. (I won't say which magazine it was, but the name begins with a W, ends with a d, and consists of five letters.)
I was thinking about charging $10,000 but instead asked the magic question. The magazine's answer: $20,000. Which is what I got paid. Because the magazine probably charged the advertisers an order of magnitude more than what it paid me, I felt not a pang of guilt.
This is only one example of how this question has worked to my advantage. Over the two decades I've been an independent writer, that question has made me probably somewhere around $250,000.

 

themuslimchronicle
themuslimchronicle

GMT 14:03 2017 Thursday ,16 March

Morning tips to prepare for the day

GMT 12:57 2017 Thursday ,09 March

Travel etiquettes for you to follow

GMT 15:02 2017 Monday ,06 March

Instil reading habits in your children

GMT 15:24 2017 Wednesday ,22 February

Time to get some me time

GMT 10:05 2017 Sunday ,19 February

Make clean eating a choice

GMT 11:30 2017 Thursday ,16 February

Four dynamic ways to style your family’s portraits

GMT 11:23 2017 Sunday ,12 February

Coping with cancer
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

this trick helps you earn more this trick helps you earn more

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 10:45 2017 Tuesday ,05 December

Facebook opens new London hub, creating 800 jobs

GMT 11:50 2018 Saturday ,20 January

UK retail sales slide in December

GMT 10:18 2016 Wednesday ,23 March

cartoon eight

GMT 17:22 2017 Tuesday ,19 December

Fine weather on Tuesday in Bahrain

GMT 05:13 2017 Tuesday ,21 February

UAE Ambassador attends reception on Colombia

GMT 16:34 2017 Friday ,09 June

Moroccan Wydad’s footballer apologizes

GMT 14:00 2017 Tuesday ,12 September

Quarter of houses in Florida Keys destroyed: US official

GMT 21:35 2017 Saturday ,07 October

Saudi efforts lift US sanctions on Sudan

GMT 10:07 2017 Wednesday ,19 July

Rwanda's essential oils offer big profits
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle