How I Raised Prices Without Losing Clients

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  • เผยแพร่เมื่อ 10 ก.ค. 2022
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    What should you do when you are getting busier and busier? One thing you could do is raise your prices, but what happens to your existing clients? How will they react and how can you make sure you don't lose them? Find out in today's video.
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    #RaisePrices #Clients #sales
    This video is about How I Raised Prices Without Losing Clients
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ความคิดเห็น • 59

  • @joshuamclean4588
    @joshuamclean4588 ปีที่แล้ว +35

    I like that last bit! “If people aren’t giving you a hard time about your prices, you’re charging too little”

  • @nikane2001
    @nikane2001 ปีที่แล้ว +9

    I also think the higher price requires higher commitment from the buyer therefore higher chance of success higher satisfaction! Completely different perspective! Thanks Dan!

  • @P.EnglishLiterature
    @P.EnglishLiterature 2 ปีที่แล้ว +25

    This is inspiring, one thing I've come to know is when work demand is high, that's the exact time to start increasing your price irrespective of the nature of your business. I started my services charge at $25, then, I increase it to $50, and as soon as more clients keep coming and I keep getting busier and better, I increased it to $75, then, $100, then $125, it's currently at $150. Yesterday I was imagining how I've been able to transition from $25 to $150 with the same kind of service, that's basically how it works. I haven't gotten to Dan's level of 1000$ much less of charging 2000$ but I'm optimistic that better days are coming, just I've plan to diversify my works. Dan, you've been a motivation to millions of people, entrepreneurs, and business owners across the world, and I'm saying thank you.

  • @shadiabboud2076
    @shadiabboud2076 2 ปีที่แล้ว +4

    In this case I think we must find out another way , it is not not how to rise the price or manipulate about clients , it's depends on the market cause every area has its own techniques , if I have to buy in higher price I should give him a higher quality so the costs will be more than I planed before , anyway it was a great illustration. Thank you Dan.

  • @rexyclimaxx1125
    @rexyclimaxx1125 2 ปีที่แล้ว +16

    Actually, I also had to increase my price to about x3 in order to start getting more customers, but I'm thinking about increasing it again, because I'm not still getting resistance from some clients.

  • @luiscardenas9666
    @luiscardenas9666 2 ปีที่แล้ว +2

    Great Dan , first mind set second value

  • @bitarrabih7587
    @bitarrabih7587 2 ปีที่แล้ว +2

    Watching this was amazing!

  • @alittlebitofeverything1181
    @alittlebitofeverything1181 2 ปีที่แล้ว +6

    You have inspired me so much to start my youtube channel thank you so much

  • @LordGhost.
    @LordGhost. 2 ปีที่แล้ว +5

    What you said in the end is actually true. When someone undercharges me for something, i'm like" yeah ok, excellent" 😂

  • @officiallazkidikan6093
    @officiallazkidikan6093 2 ปีที่แล้ว +22

    This also happened to me when my girl friend asked me to increase my service fee she asked me to increase it 5x I was like no one would ever pay but guess what I even got more sales I later realized some of my older clients didn't pay not because they didn't have the money but because they thought it was just too cheap too good to be true 🤔

    • @mosesoluwatobi3630
      @mosesoluwatobi3630 2 ปีที่แล้ว +2

      What is your service?

    • @officiallazkidikan6093
      @officiallazkidikan6093 2 ปีที่แล้ว +2

      @@mosesoluwatobi3630 I make professional 2d animation for businesses and music artists and who ever is interested in an animated video

  • @amvic207
    @amvic207 2 ปีที่แล้ว +2

    My name is Lok, Dan Lok.
    thank's very much Sir.

  • @officiallazkidikan6093
    @officiallazkidikan6093 2 ปีที่แล้ว +6

    Wow Dan Lok much respect from Nigeria

  • @MrDarshD
    @MrDarshD 2 ปีที่แล้ว +4

    Such an important advice! Time is indeed money and we mustn't value ourselves less. Thank you Dan!

    • @uchechukwugodsentjohnson5924
      @uchechukwugodsentjohnson5924 2 ปีที่แล้ว

      Brother time is not money, that is poverty language, rich people all over don't trade their time for money but poor people do!

  • @dequince
    @dequince 2 ปีที่แล้ว +5

    If they aren’t bitching about your prices you charge too little 🎯 #yuhhurdme

  • @BoyetYaw
    @BoyetYaw 2 ปีที่แล้ว +3

    I actually priced my entire collection at a very high amount to get noticed. I am getting too much resistance. Haha Is that a good approach?

  • @matsuyamaehime6494
    @matsuyamaehime6494 2 ปีที่แล้ว +2

    wow - absolute wishy washy tripe, great job in describing this codswallop!

  • @diamonds5855
    @diamonds5855 ปีที่แล้ว +2

    how do i monetarize my chat room? charge to enter the room?

  • @vikash_baghel
    @vikash_baghel 2 ปีที่แล้ว +2

    Nice bro

  • @taachipubg
    @taachipubg 2 ปีที่แล้ว +8

    In our country every price is high customers making their faces even for low price some want almost free n some trying to keep the price low by mentally effecting the sale man 🤣

    • @rendiyantoid
      @rendiyantoid 2 ปีที่แล้ว

      Where're you originally from?

  • @marusu0156
    @marusu0156 ปีที่แล้ว +2

    Appreciated

  • @goldtier777
    @goldtier777 2 ปีที่แล้ว +5

    Nice, that's the basic concept of mentoring, it may sound crazy at first 😂😂, but like you said never argue with results, it's always what you didn't expect

  • @durojayefatai9504
    @durojayefatai9504 2 ปีที่แล้ว +1

    Great one king 👑

  • @GiC7
    @GiC7 2 ปีที่แล้ว +2

    Nice

  • @sn4100
    @sn4100 2 ปีที่แล้ว +3

    Roger that. Out of comfort

  • @divinahbeauty250
    @divinahbeauty250 2 ปีที่แล้ว +1

    this video came right on time

  • @isholadebby3604
    @isholadebby3604 2 ปีที่แล้ว +1

    People tell me my products are too expensive ,people prefer low products even if it wasn't effective..They only care Abt the low price

  • @kiki_herbal
    @kiki_herbal 2 ปีที่แล้ว +1

    Hi Mr Dan lok please how can I get you?

  • @marcodjtulumparties
    @marcodjtulumparties 29 วันที่ผ่านมา

    My confort asking for more, for what im worth.
    Resistance

  • @mystikalofficialmixvlogs468
    @mystikalofficialmixvlogs468 2 ปีที่แล้ว +2

    very like it he's a real person it's my mentor but didn't know hehe he's my idol

  • @bethmccall9254
    @bethmccall9254 ปีที่แล้ว

    How about morals and ethics over marketing and gouging?

  • @isaacsilver4901
    @isaacsilver4901 2 ปีที่แล้ว

    Hi

  • @mdshakilahamad731
    @mdshakilahamad731 2 ปีที่แล้ว +1

    Aap all videos Hindi dubbed me upload kare

  • @VlogWithSanty
    @VlogWithSanty 2 ปีที่แล้ว +1

    I am the first video viewer on this video

  • @HURPSYYEMRAY1
    @HURPSYYEMRAY1 2 ปีที่แล้ว +1

    💪💪

  • @vijay156
    @vijay156 2 ปีที่แล้ว +4

    He didn't tell how his clients reacted on doubling the price... Just have confidence and double the price.. it looks stupid !!

  • @believe-in-yourself
    @believe-in-yourself 2 หลายเดือนก่อน

    Thousand Bucks! Wow.. more.. really.. double it! 😀

  • @varanbby3738
    @varanbby3738 2 ปีที่แล้ว +1

    I have talking on phone phobia

  • @DoctorMGL
    @DoctorMGL ปีที่แล้ว +2

    so you were just increasing the price for no reason ! lol

  • @mrcambo2300
    @mrcambo2300 2 ปีที่แล้ว

    Good 👍

  • @maiisy7734
    @maiisy7734 2 ปีที่แล้ว +2

    Good Day Here in Philippines customer prefer low cost price and expect an excellent output LOL 😂

  • @krishnamohan8040
    @krishnamohan8040 2 ปีที่แล้ว

    1st cement

  • @harveyking5038
    @harveyking5038 ปีที่แล้ว +1

    so this guys sells courses to make his money but doesnt actually run any businesses.

  • @MrRogerrabbit1a
    @MrRogerrabbit1a 2 ปีที่แล้ว +1

    I charge 40000$. Now, they react:) as I charged 20000$, it was okay..lol

  • @dr.rohanperera4993
    @dr.rohanperera4993 2 ปีที่แล้ว

    ME FIRST

  • @user-jh3ep7hx1f
    @user-jh3ep7hx1f ปีที่แล้ว +1

    But in India, it's not/never Possible 😅

  • @isholadebby3604
    @isholadebby3604 2 ปีที่แล้ว +3

    People tell me my products are too expensive ,people prefer low products even if it wasn't effective..They only care Abt the low price

    • @victoriousappricot8559
      @victoriousappricot8559 ปีที่แล้ว

      Hi,
      You are Nigerian?
      I'm one. The struggle is real. I doubled my product prices but I didn't just do that.
      I improved my packaging and turned shopping with me into an experience.
      You have to prove to people why it's worth the price I guess.
      And what's your target audience?
      I sell luxury Hand-picked Jewelry pieces, it's not for everyone.
      Don't target everyone.
      I have gotten a ton of customers and I'm working harder on building my brand. Good luck