EPISODE · Dec 13, 2022 · 21 MIN
#230: Dynamic Pricing: The Secret Weapon Clever Freelancers Are Using To Maximize Their Income
from 6 Figure Creative · host Brian Hood
Have you ever checked a price for a flight, only to come back later and see that the price increased (or decreased) significantly? This is something called "dynamic pricing", and it's what some of the largest businesses in the world do to maximize their profits. This is a technique I learned in 2015 when using a new "dynamic pricing" tool on my Airbnb, and it added a 20% boost to my rental income. It worked so damn well that I brought the same idea to my freelance business that same year. If you're looking for clever ways to give yourself a pay raise, maximize your income, and fight against inflation by using supply and demand to your advantage, this episode is for you. In this episode you’ll discover: Why you should go fill out our feedback form right now Using dynamic pricing to make the most profit for your business How to determine your pricing based on timing and schedule Why it's ethical to charge annoying clients more Why last-minute projects are often the worst to work on Filling your last-minute schedule gaps with "fire sale" rates Who to blame if you get called out (hint: it's Brian) Why you deserve this! For full show notes, visit https://6figurecreative.com/230
What this episode covers
Have you ever checked a price for a flight, only to come back later and see that the price increased (or decreased) significantly? This is something called "dynamic pricing", and it's what some of the largest businesses in the world do to maximize their profits. This is a technique I learned in 2015 when using a new "dynamic pricing" tool on my Airbnb, and it added a 20% boost to my rental income. It worked so damn well that I brought the same idea to my freelance business that same year. If you're looking for clever ways to give yourself a pay raise, maximize your income, and fight against inflation by using supply and demand to your advantage, this episode is for you. In this episode you’ll discover: Why you should go fill out our feedback form right now Using dynamic pricing to make the most profit for your business How to determine your pricing based on timing and schedule Why it's ethical to charge annoying clients more Why last-minute projects are often the worst to work on Filling your last-minute schedule gaps with "fire sale" rates Who to blame if you get called out (hint: it's Brian) Why you deserve this! For full show notes, visit https://6figurecreative.com/230
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#230: Dynamic Pricing: The Secret Weapon Clever Freelancers Are Using To Maximize Their Income
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