My key takeaway from this video is that value-based pricing is the way to go. When looking at the results and follow on impacts, it is quite clear that the value of financial coaching can FAR exceed the cost - even at higher price points!
I'm still learning! This is the 4th or 5th video of yours I've watched today, but what is this discovery meet you talked about on this one? I jumped the gun on the order of my other videos, but I was curious. Thank you!
This was a great video. Thank you for sharing. I am curious what your thoughts are on scaling your pricing based on client income level? (e.g., charging lower income clients less and higher income clients more but keeping relatively constant when thinking about price relative to total income)? This was the pricing strategy that I have been contemplating (with a floor price to make sure that I don't breach the minimum pricing that sets the lower end of the range).
I've been asked that question before and while I do understand the purpose and design of it, one thing I've quickly learned with all the clients I've helped is that income has very little to do with a person's cash flow position. I've had clients making $40k/year supporting a family and they're happy, content, etc. And I've had clients who make well over $1 million per year who are incredibly strapped.
Yes! I'm so glad you agree!! So important! Coaches ask me what they should charge all the time and it's such a hard thing to give a number to - it's so much more personalized and nuanced than that. Thanks for watching and commenting!
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Love the calculation of your base prices!! Made me feel like I'm doing better than I thought with my pricing!
I'm so glad!
My key takeaway from this video is that value-based pricing is the way to go. When looking at the results and follow on impacts, it is quite clear that the value of financial coaching can FAR exceed the cost - even at higher price points!
Thank you so much for this video! It is super helpful, and I completely agree!!
You're very welcome Brittney! I'm glad it was helpful! Thanks for listening and for taking the time to comment!
This is excellent training, I'm so glad I found your channel. I'm a new subscriber.
This is excellent. Thank you for sharing this formula for establishing pricing!
THANK YOU, THANK YOU, THANK YOU!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
You're very welcome!
This was VERY helpful! Thank you! 😊
Glad it was helpful! You are so welcome.
I'm still learning! This is the 4th or 5th video of yours I've watched today, but what is this discovery meet you talked about on this one? I jumped the gun on the order of my other videos, but I was curious. Thank you!
Hey Gloria, how are you feeling about the Discovery session concept? Did you see the video I did breaking down the key phases of that session?
@@kelsadickey8556 Hi, thanks Kelsa! I went ahead and bought your book. It's the best. It's like my Financial Coaching Bible, ha-ha!
@@gloriamondragon8101 Awesome!! I'm so glad you're loving it! That makes me so happy!
This was a great video. Thank you for sharing. I am curious what your thoughts are on scaling your pricing based on client income level? (e.g., charging lower income clients less and higher income clients more but keeping relatively constant when thinking about price relative to total income)? This was the pricing strategy that I have been contemplating (with a floor price to make sure that I don't breach the minimum pricing that sets the lower end of the range).
I've been asked that question before and while I do understand the purpose and design of it, one thing I've quickly learned with all the clients I've helped is that income has very little to do with a person's cash flow position. I've had clients making $40k/year supporting a family and they're happy, content, etc. And I've had clients who make well over $1 million per year who are incredibly strapped.
DO NOT PRICE OUTSIDE YOUR INTEGRITY ZONE. Keyword: Intergrity! That part was the whole video.
Yes! I'm so glad you agree!! So important! Coaches ask me what they should charge all the time and it's such a hard thing to give a number to - it's so much more personalized and nuanced than that. Thanks for watching and commenting!
Thank you
Thanks