How To Get Away With Your Price Increase

Episode 45 of the The Automated Millionaire podcast, hosted by The Automated Millionaire, titled "How To Get Away With Your Price Increase" was published on August 22, 2021 and runs 19 minutes.

August 22, 2021 ·19m · The Automated Millionaire

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Summary

In yesterday's episode we discussed the fact that most of the businesses I have helped all have made the mistake of not charging enough for their products and services. We looked closer at just how powerful and effective a price change can be for your bottom net result. But in conjunction with the advice of increasing your price by far the most common objection I receive is that of: "But, I cannot charge any more; I'll lose business to my competitors!" or words to same effect. So let's han...

Episode Description

In yesterday's episode we discussed the fact that most of the businesses I have helped all have made the mistake of not charging enough for their products and services.

We looked closer at just how powerful and effective a price change can be for your bottom net result.

But in conjunction with the advice of increasing your price by far the most common objection I receive is that of: "But, I cannot charge any more; I'll lose business to my competitors!" or words to same effect.

So let's handle this objection. Just how could you get away with a price increase? How can you charge more than all your competitors, even in a highly competitive marked?

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