Mastering the Price Increase: Strategies for Confidence and Client Retention

The Pursuit of Badasserie: The Podcast Episode 122:Mastering the Price Increase: Strategies for Confidence and Client Retention In this episode of The Pursuit of Badasserie, we dive into one of the most challenging aspects of running a business: raising your prices. We break down the mental blocks that often hold us back from increasing our rates and share strategic tips for doing so without losing clients. Here’s what we cover: Why justifying a price increase can backfire, and how to present it with confidence. The importance of getting our sales teams on board with price changes and how that can impact our bottom line. A discussion on the psychology behind price perception and how to avoid projecting doubts onto our clients. Practical advice for announcing price increases to current clients, including offering limited-time opportunities to lock in old rates. Amanda’s strategic approach to pricing evaluations, and how making this a regular part of our business plan can ensure continued success. Real-life examples of price increase stories—both good and bad—that give us insights into what works and what doesn’t. Plus, we’d love to hear from you! Have you recently raised your prices? Are you struggling to do so? Let us know, and we’ll help you work through it. If we’ve been hesitating to raise your prices or want to make the process smoother, this episode is a must-listen! Resources Mentioned: Subscribe on YouTube to watch the episode. Follow us on Spotify and other podcast platforms for more episodes. Join the Conversation: Share your price increase stories with us, or let us know your pricing blocks! We’d love to help you through them. Don’t forget to hit Subscribe and stay tuned for more actionable tips on growing your business and embracing your entrepreneurial journey. Make sure to subscribe to our YouTube or Spotify and leave us a review! Like the show? LEAVE US A REVIEW wherever you listen! Have a question? CONTACT US at info@thepursuitofbadasserie.com! Want to sponsor us? Find out how HERE.