The Price Is Right ... Right? 😬

Pricing is Figureoutable

🔮 Stop Predicting, Start Creating 🦄

#TheCreatorCommunity

THE PRICING PREDICAMENT 🤷‍♀️

“So, Brent … how much do I charge?” This is perhaps the most common question I receive from creators and entrepreneurs trying to figure out the price for their product or service.

And my answer is always, “It depends.” 🙄 

And that seemingly dismissive response from me causes people to go into a defensive shell, spending endless hours wondering and contemplating their pricing instead of actually determining and setting a price.

THE PRICE IS RIGHT

“The Price Is Right” has been an iconic gameshow staple for the American television viewer for 52 years. Why has it sustained such broad appeal? Was it Bob Barker’s inviting demeanor? The curvy showcase models? Exotic trips and cars? Good juice from current host and funnyman, Drew Carey? Nah.

The appeal is found in the everyday challenge of determining what the price should be for a featured product or service … and your guess is as good as mine. But, guessing leads to learning, which leads to trying, which leads to good pricing.

TRY IT, THEY MIGHT LIKE IT 🎯

Of course do your market research, assess your customer’s needs, observe your competitor’s pricing structure … that’s all good. But for the love of all things green, PRICE IT and SELL IT!

If it’s priced too high for customers to commit to, adjust. If it’s priced too low for you to turn a profit, adjust. Pricing is fluid, but ya gotta get in the flow to know.

You can do this. I can help. Contact me if you want to talk through pricing, because I am for you and want you to make your business work.

I share Five items each week that will help move the needle in your entrepreneurial journey. Consume, then produce. Here’s what I’m doing this week, I invite you to play along. High Five me and let’s roll…

THE HIGH FIVE 🖐

📈 What to Try: The Man Who Makes Millions

BEFORE YOU GO 👣

🚫 Sorry, no Zoom Meetup this week due to my travel/speaking schedule, but be looking for a video message from me via your inbox soon!

Next Zoom Meetup takes place Thursday, April 20, from Noon - 1 PM (CDT).

These weekly calls are included in our $5/mo. Membership plan. You can join today by signing up right here … would love to have you part of the crew!

IF THE SHOE SHIRT FITS

You’ve been messaging me how to get your hands on some Five Words In merch, I’m working on it and will have readily available in May so you can tout your FWI community swagger. 😎

Have a blessed day, friends! ~ Brent 🦄