How To Double Your Price by Adding 1 Simple Thing To Your Proposals

Stop undercharging your work and start making money you deserve to have. Written by Adam Hempenstall

I firmly believe that most small service businesses dramatically undercharge for their services.

I’m not sure if this stems from a self-worth issue or whether people just price things wrong but whatever it is, it’s easily fixed.

There are a few different ways of pricing:

What I want to talk to you about today is how to price your services based on the value to your potential client, then how to justify that cost.

It sounds easy but in order to do it, you need to actually know the value you can provide. The only real way to do this is find out what the current situation is before you submit your proposal. By current situation, I mean 3 things:

  1. Number of leads they’re generating so far
  2. Price of product/service (or average if it varies)
  3. Rough profit per sale

From there, you can make some estimations about the results you’re planning to get for them in the context of their actual situation.

Business is supposed to be logical. Making decisions on facts and figures. If you don’t present those facts and figures then you’re forcing them to make their mind up based on other factors which might not be your strong suit.

In this video which runs about 3 minutes, I give you a written example of exactly how you can charge more, then what to put in your proposal in order to win the job with ease.

Join the smartest entrepreneurs by sending proposals the better way

Beautiful, interactive proposals that 'wow' your clients, and win you more work at a higher price.

Try it free
We love to hear your comments on this article

Leave a Reply

Notify of

More reading...

How to Increase Transaction Value with a Simple Pricing Trick It’s without a doubt the easiest and fastest way to increase the revenue in your business
Roundup of Media Appearances from our CEO, Adam Hempenstall Check out Adam’s recommendations on business design and proposal writing
How to write a proposal template for your business Good proposal templates have these 3 layers well defined. What’s the structure of yours?