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The Dark Side of Pricing and How You Can Avoid it
Manage episode 400859445 series 3311349
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“Maybe I should lower my prices to get more work”
“If prices were lower, vendors would accept more of my bids and I’d be making more money.”
It’s a natural thought.
The problem is you’d be slashing your profit margins.
And asking to go broke.
There are plenty of other things you can do to book out jobs which don’t involve cutting your pay.
WHAT YOU’LL GAIN FROM LISTENING TO TODAY’S PODCAST:
- The Hidden Downside Everyone Misses when dropping their prices.
- what to do when thinking about dropping your prices
- Learn what profit margin to aim for when pricing
LINKS MENTIONED IN THIS EPISODE:
- Book a FREE 15-minute call to learn what coaching could do for your business
- Join our FREE private community of trades business owners in our Facebook group
- Subscribe to our YouTube Channel
- Get a copy of the Profitable Tradie book
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