084 Trade Pricing Made Simple

In this episode, I am tackling a topic that can make or break your studio's profitability - trade pricing and markups. If you've ever felt awkward about markups, uncertain about your pricing structure, or caught yourself undercharging, this episode is for you. I hope you enjoy the episode. Beth xx Episode Highlights: • Why over-complicated trade pricing leads to lost revenue • The mindset shift needed around markups • Three ways to simplify your trade pricing model • How to communicate pricing with confidence • Why you should never devalue your design services Key Takeaways: ✨ Trade pricing isn't just about making money - it's about delivering value ✨ Your markup structure needs to be clear and consistent ✨ Talk about pricing early in the client relationship ✨ Never justify your design fee through trade savings ✨ Frame trade pricing as a benefit, not a cost Common Mistakes to Avoid: • Having different markups for different suppliers • Hiding trade pricing until invoice stage • Discounting to avoid uncomfortable conversations • Using trade savings to justify design fees • Feeling guilty about standard industry practices Perfect For: • Interior designers establishing pricing structures • Designers reviewing their markup policies • Anyone struggling with pricing conversations • Business owners wanting to increase profitability • Designers looking to build client trust Want to work together? Here are the ways I can help you in your business. 1.Sign up to our MAILING LIST where each month you will receive helpful business tips straight to your inbox 2. Start a HEALTH CHECK today. We will work together for 8 weeks and improve your systems and processes. I only have 8 spots available every month. 3. Start my course THE PROCESS so you know exactly what to do when in your interior design studio. 4. Have a look at THE RESOURCE STOCKROOM - this is where you will find our short courses and free resources to help you run a better interior design studio 5. Want to use our tool MTTD in your studio? Start your FREE 30 DAY TRIAL today.