Transparency in Pricing

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Creato da Michele Williams and Michele Williams | Business Coach | Podcaster |Speaker, autore scoperto da Player FM e dalla nostra community - Il copyright è detenuto dall'editore, non da Player FM, e l'audio viene riprodotto direttamente dal suo server. Clicca sul pulsante Iscriviti per rimanere aggiornato su Player FM, o incolla l'URL del feed in un altra app per i podcast.
068: Transparency in Pricing WITH MICHELE WILLIAMS

On the podcast today we are going to talk about transparency in pricing. We hear it all the time. The need to be transparent. I am going to tell you right now, there should be some boundaries around this - and spoiler alert – I don’t think we need to tell our clients everything. Listen to the podcast to hear the argument for being transparent in our process but guarded in our pricing.

Topics Mentioned:
  • Trust
  • Transparency
  • Value
Thoughts from Michele:
  • When I began in the interior design industry 20 years ago, the most common way of pricing was by doubling (or more) the cost of the product.
  • There is nothing worse than a client asking to see all of your invoices, all of your time statements.
  • The pleasure of the experience is removed when we share too much.
  • Let’s move the transparency to a place that makes more sense for our industry and for the final outcome of the client.
  • “Margins” and “mark-ups” are not bad words.
  • There can be some mystery around your pricing. It’s ok!
Socials:
  • Email: Team@ScarletThreadConsulting.com
  • Facebook: Scarlet Thread Consulting
  • Instagram: @ScarletThreadATL
References and Resources:

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