Fast How To Increase Your Coaching Prices - 3 Ways to Grow By Increasing Your Coaching Prices

By: Gen Wright

Announcing! Methods to multiply and increase your prices. Is it time for you to give yourself a raise? If so, increase product and service prices for your very valuable intellectual property. Look at the market and see when other businesses are increasing their product and services prices. Stay competitive with your niche market competition. If you hesitate to raise your prices because you think you will never get customers to pay for it, rethink that idea. Recognize the value of the program. You are giving information in a condensed form that may have cost you $100,000 over years. Your customers will pay for your high ticket coaching program. Believe in what you're doing and multiply your income now. Here's how to do it.

1. You can increase the perceived value of your offerings. When you increase your products and services' perceived value, you do something different than increasing the product or service amount you give with each session or package. Here's how this works. The perceived value of something is inside another person's mind. Whatever it is that's important to your clients, it is important because they associate financial freedom and sharing their message with certain mental criteria.

For example, suppose one of your clients is a member of your coaching program not for the money but instead, for the credit and prestige he or she imagines getting. Some people are motivated by getting credit for what they do in the form of awards or rewards. And, the money is secondary. For that client, you could now offer an award program at (an increased price) that gives you special notoriety when the client follows your coaching. See, that is how you might justify the price increase…by increasing the perceived product or program value.

2. Increase perceived value by listing out on paper some new, improved product or service benefits to your prospect or client. Often, we must tell our clients what benefits to see about your product or service. In this way, they can see what we'd like them to see so we can help them most.

3. You can also increase your product and services real value. You can increase your product and services' real value by adding more products in a program. Or, perhaps you could update a CD label on a CD program you already have. You could write on the front of the album cover, "newly updated", or "new!" or "improved!"

4. Another way to increase product and services prices is to repackage already provided information in multiple ways. Those ways might be in a word-for-word transcription PDF form. Or maybe you can offer your program in an MP3 download or CD audio program. Do the reverse of the CD audio program and turn the sound version into a printed version in a book. You could add manuals or actions guides in your CD program.

5. Bundle up a series of teleseminar interviews and publish them all in one package. You are recording your teleseminars, correct?

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By the way... are you a coach, consultant, entrepreneur, or speaker, who is tired of getting paid less than you are worth for your coaching and consulting? To begin learning how you can sell your own coaching for between $4k and $25k per client, visit my blog: Teleseminar Basics Or Internet Marketing Coaching

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