Pricing for Entrepreneurs: Strange Truths About Money in Business
()
About this ebook
What to charge? What if I ask too much? What to do when clients don’t pay up? For anyone running their own business, money issues come up again and again, in both obvious and subtle ways.
"Pricing for Entrepreneurs: Strange Truths About Money in Business" presents unexpected discoveries, paradoxes and renegade advice about pricing from a marketer and business coach with nearly 40 years of observation and reflection.
Enjoy a lessening of your stress over money with unconventional principles based on research, experience and analysis. Learn the psychological and interpersonal dynamics of low prices, high prices, complaints about prices, pricing self-sabotage, why fairness is beside the point and much more. There are no pricing formulas in this ebook, only insights.
Topics addressed include:
·What people don't usually mean when they say, "I can't afford that"
·Why you should shrug when people aggressively try to bargain with you
·Surprising ways in which raising prices can boost sales
·How to respond when others urge you to "charge what you deserve"
·Should you care whether or not your prices are "fair"?
·Why healthy personal boundaries are as essential as smart pricing if you want to make a decent living
After reading, you’ll know how to have a zen, neutral attitude toward money in business, avoiding thinking traps and primed for prosperity.
Marcia Yudkin
Creative marketing expert Marcia Yudkin has an unparalleled ability to find the right words for a message, an unusual angle to get folks to pay attention, and the promotional strategy that pays off handsomely for her clients.Her 16 books include 6 Steps to Free Publicity, Persuading on Paper, Web Site Marketing Makeover, Meatier Marketing Copy and Freelance Writing for Magazines & Newspapers, a Book of the Month Club selection.Marcia’s articles have appeared in hundreds of magazines, including the New York Times Magazine, TWA Ambassador, USAir Magazine and Business 2.0. For eight years running, she served as an official site reviewer for the Webby Awards and has helped judge the Inc. Magazine Small Business Web Awards.She has been featured in Success Magazine, Entrepreneur, Home Office Computing, Working Woman, Women in Business, dozens of newspapers throughout the world and four times in the Sunday Boston Globe, as well as on National Public Radio.Her clients range from grizzled entrepreneurs to nervous newly self-employed professionals, from software publishers and ecommerce startups to media companies, associations and independent educational programs.Marcia Yudkin holds three Ivy League degrees, including a Ph.D. in the humanities.
Read more from Marcia Yudkin
Strategic Marketing: Insights on Setting Smart Directions for Your Business Rating: 5 out of 5 stars5/5Meatier Marketing Copy: Insights on Copywriting That Generates Leads and Sparks Sales Rating: 5 out of 5 stars5/5Freelance Copywriter: Top 10 Ways to Get Your Copywriting Business Off the Ground Rating: 4 out of 5 stars4/5No-Harm Marketing Ethics: How to Attract Customers and Sell So You Still Like Yourself in the Morning Rating: 5 out of 5 stars5/5All About Offers: Ignite the Urge to Buy Rating: 0 out of 5 stars0 ratingsMarketing for Introverts Rating: 5 out of 5 stars5/5Publicity Tactics: Insights on Creating Lucrative Media Buzz Rating: 0 out of 5 stars0 ratingsMarketing With Teleseminars: Power Strategies Rating: 0 out of 5 stars0 ratingsMarketing With Postcards: Top Ten Ways to Use Postcards to Promote Your Business Rating: 5 out of 5 stars5/5The Marketing Attitude: Insights That Help You Build a Worthy Business Rating: 0 out of 5 stars0 ratingsTo the Rescue! 33 Keys to Thriving During a Recession Rating: 0 out of 5 stars0 ratingsBeginner’s Guide to Information Marketing: Your First Kindle Ebook Rating: 0 out of 5 stars0 ratings
Related to Pricing for Entrepreneurs
Related ebooks
Service: Help Customers Build Their Business Rating: 0 out of 5 stars0 ratingsBuying Signals: How to Spot the Green Light and Increase Sales Rating: 0 out of 5 stars0 ratingsSell You Before You Sell Rating: 0 out of 5 stars0 ratingsKiller Sales Solutions Rating: 0 out of 5 stars0 ratingsBuilding Your Digital Utopia: How to Create Digital Brand Experiences That Systematically Accelerate Grow Rating: 0 out of 5 stars0 ratingsHigh Profit Secrets: The World’s Top Experts Reveal How They are Crushing It Online Selling Their Knowledge Rating: 0 out of 5 stars0 ratingsUncommon Sense: Shift Your Thinking. Take New Action. Boost Your Sales Rating: 0 out of 5 stars0 ratingsMembership Authority: Discover The Steps On How To Start Your Very Own Recurring Membership Site And Get Paid Month After Month! Rating: 0 out of 5 stars0 ratingsThe Marketing Attitude: Insights That Help You Build a Worthy Business Rating: 0 out of 5 stars0 ratingsVideo Marketing: The Basics Rating: 0 out of 5 stars0 ratingsHow to Turn Your Small Business into a “Category of One”: Before You Spend Another Dime on Traditional Advertising! Rating: 0 out of 5 stars0 ratings52 Sales Tips & How to Use Them Rating: 0 out of 5 stars0 ratingsWords that change the world: How to craft marketing texts for technical B2B products Rating: 0 out of 5 stars0 ratingsWIN ALL DAY: WIN ALL DAY PERSONAL BRANDING - HOW TO CREATE YOUR PURPOSE DRIVEN, HIGHLY PROFITABLE PERSONAL BRAND Rating: 0 out of 5 stars0 ratings10 Ways To Screw Up An Ad Campaign: And How to Create Ones That Work Rating: 0 out of 5 stars0 ratingsExpert to Entrepreneur: How to Turn Your Hard-Won Expertise into a Thriving Business Rating: 0 out of 5 stars0 ratingsCopywriting For Beginners Guide: The Ultimate Copywriter's Handbook to Writing Powerful Advertising, Sales and Marketing Copy Rating: 0 out of 5 stars0 ratingsMarketing Tactics that Sell: Some Dirty Tricks Rating: 0 out of 5 stars0 ratingsBinge Worthy Branding: Build Customer Loyalty Using AI and Personalization Like Amazon, Netflix, and Starbucks Rating: 0 out of 5 stars0 ratingsMerge: Simplify the Complex Sale in Five Surefire Steps Rating: 0 out of 5 stars0 ratingsYour Messaging Sucks: Become the Brand Your Customers Love Rating: 0 out of 5 stars0 ratingsSocial Media Metrics: How to Measure and Optimize Your Marketing Investment Rating: 4 out of 5 stars4/5For Love and Money: How to profit with purpose and grow a business with love Rating: 0 out of 5 stars0 ratingsUncomplicated Copywriting Rating: 0 out of 5 stars0 ratingsCopywriting Mastery: How to Spice up Your Website Sales Copy and Watch Your Sales Grow! Rating: 0 out of 5 stars0 ratingsSales Copy that Sells like Crazy: How to Write Compelling Sales Letter and Copywriting for the Web Rating: 3 out of 5 stars3/5Day 1: A Practical Guide to Launching Your New Business Rating: 0 out of 5 stars0 ratingsPodcastpreneur: How to Produce, Promote, and Profit With a Podcast: Preneur Series, #3 Rating: 0 out of 5 stars0 ratingsTeenage Wastebrand: How Your Brand Can Stop Struggling and Start Scaling Rating: 0 out of 5 stars0 ratings
Small Business & Entrepreneurs For You
The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime Rating: 5 out of 5 stars5/5The Side Hustle: How to Turn Your Spare Time into $1000 a Month or More Rating: 4 out of 5 stars4/5Don't Start a Side Hustle!: Work Less, Earn More, and Live Free Rating: 5 out of 5 stars5/5The Ultimate Side Hustle Book: 450 Moneymaking Ideas for the Gig Economy Rating: 4 out of 5 stars4/5Strategy Skills: Techniques to Sharpen the Mind of the Strategist Rating: 4 out of 5 stars4/5Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5How to Think Bigger: Aim Higher, Get More Motivated, and Accomplish Big Things Rating: 4 out of 5 stars4/5Small Business For Dummies Rating: 4 out of 5 stars4/5Starting a Business All-In-One For Dummies Rating: 4 out of 5 stars4/5Company Rules: Or Everything I Know About Business I Learned from the CIA Rating: 4 out of 5 stars4/5How to Open & Operate a Financially Successful Notary Business Rating: 4 out of 5 stars4/5What Your CPA Isn't Telling You: Life-Changing Tax Strategies Rating: 4 out of 5 stars4/5Bookkeeping: An Essential Guide to Bookkeeping for Beginners along with Basic Accounting Principles Rating: 4 out of 5 stars4/5The Bitcoin Standard: The Decentralized Alternative to Central Banking Rating: 4 out of 5 stars4/5The Start Your Own Business Bible: 501 New Ventures You Can Launch Today Rating: 4 out of 5 stars4/5The E-Myth Revisited: Why Most Small Businesses Don't Work and What to Do About It Rating: 4 out of 5 stars4/5Summary of Timothy Ferriss' book: The 4-Hour Workweek: More time, more money, more life: Summary Rating: 5 out of 5 stars5/5Yes!: 50 Scientifically Proven Ways to Be Persuasive Rating: 4 out of 5 stars4/5The Whole Body Entrepreneur: A Physical and Emotional Self-Care Bootcamp Rating: 5 out of 5 stars5/5The Everything Nonprofit Toolkit: The all-in-one resource for establishing a nonprofit that will grow, thrive, and succeed Rating: 0 out of 5 stars0 ratingsCreative, Inc.: The Ultimate Guide to Running a Successful Freelance Business Rating: 4 out of 5 stars4/5The LLC and Corporation Start-Up Guide: Your Complete Guide to Launching the Right Business Rating: 5 out of 5 stars5/5Wealthology: The Science of Smashing Money Blocks Rating: 3 out of 5 stars3/5Without a Doubt: How to Go from Underrated to Unbeatable Rating: 4 out of 5 stars4/5The Art of Work: A Proven Path to Discovering What You Were Meant to Do Rating: 4 out of 5 stars4/5
Reviews for Pricing for Entrepreneurs
0 ratings0 reviews
Book preview
Pricing for Entrepreneurs - Marcia Yudkin
Pricing for Entrepreneurs: Strange Truths About Money in Business
by Marcia Yudkin
Author, 6 Steps to Free Publicity and 16 other books
www.yudkin.com
Smashwords Edition
Copyright 2020 Marcia Yudkin.
All rights reserved.
Contents
Introduction
I can’t afford it.
Arguing about prices
What about fairness?
Pre-emptive price adjustments
Prices as a signal of quality
Free
is a price
Prices as a spur to commitment
Get paid what you deserve
Barter
Raising fees
What the money is for
Your money boundaries
Paying and consumption
Conclusion
About the author
Introduction
To some, pricing is a matter of formulas. To others, wise pricing depends only on observing your market. To still others, it should involve a super-healthy ego and shameless self-promotion. What I’ve learned from nearly 40 years in business for myself and my coaching of others on business issues is that pricing has to do with a host of psychological, environmental and practical factors that sometimes interact in peculiar ways. Pricing is an art, a science and at times a perplexing mystery.
My name is Marcia Yudkin, and in this ebook, I share insights, observations, discoveries and conclusions from my career as an author, workshop leader, product developer, consultant and business coach. Some of the points here are backed by research, many by comments from colleagues who have had a career similar to mine and others simply by repeated experiences that I did my best to absorb and understand.
If you are a freelancer in any field, a self-employed professional, someone who is launching services or products in an unsettled marketplace or who makes deals with others, these principles will save you a lot of heartache, stress and disappointment. They will probably also help you make more money sooner, with less worry, conflict or anguish.
As you shall see, these concepts enable you to avoid being taken advantage of in business, by savvier operators, your clients and your own feelings. Yet they have nothing to do with taking advantage of others, either, or manipulating them to your benefit. They simply help you cancel the influence of muddled beliefs and assumptions so that you can make smart decisions in a neutral frame of mind.
For better or worse, our culture has attached so many hangups and taboos onto money that it’s not easy to zero out their influence and see your negotiation or marketing situation clearly and practically. Most likely you also imbibed some emotionally loaded beliefs about money from your family, neighborhood and social environment while growing up. These can needlessly upset you and cloud your decision making during everyday business.
Things get a little touchier when people’s religious and political beliefs come into the picture. In what follows, I am not out to convert you to any ideology or any particular moral or even amoral point of view. I happen to believe that humanity would be much better off if we had a more equal distribution of wealth and if we had sturdier social safety nets, but this does not play into the discoveries about money that I am sharing with you here.
Let’s get started now with a conclusion I came to