100% raise your base rate to $1,500.Thanks @Kid
Yes, I'm happy to increase it to $1,500/mo as mentioned.
Looks like I'll do a 5%-15% discount for the 2 long term packages
I'm debating one last thing now:
Since the $1,000/mo offer is selling very well and generating me lots of leads...
For the 1 month only - Should I charge $1,500/mo OR $1,000/mo + $500 Set Up Fee?
I was originally targeting beginner business owners, but now I want to target business owners who make a minimum of $10K/mo.
Thanks for that @PizzaOnTheRoof
Sounds good. One of my competitors does 10%-15%, so I think this gives me a good idea.
It's a marketing service.
Please give me your thoughts regarding the price increase question above this reply to @Kid
Really you should be increasing prices until you start to see diminishing returns.
Let’s say you have 10 customers now at $1,000/mo. That’s $10,000/mo
You raise the price to $1,500/mo and 3 decide to cancel. Now you have 7 at $1,500/mo totaling $10,500/mo.
+$500/mo even though you lost clients.
Less is sometimes more. You may find the trouble clients cut and run once you raise rates.
I don’t know your situation but “cutting the fat” when raising prices is a common strategy.
Only numbers that matter are the top/bottom line.