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Archive for the Raising Rates Category

You Can’t Deliver Walmart Services and Expect Saks Prices

You Can’t Deliver Walmart Services and Expect Saks Prices

I have to admit that pricing is one of the toughest issues we face in this industry. Here’s why: Price too low and you devalue what you offer, you’ll attract low-quality clients, and you’ll face burnout – very quickly I might add. Some of your potential best

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How to Match Your Rates to Your Value

How to Match Your Rates to Your Value

One of the hardest things to do if you have a virtual assistant business or any service-based business is to figure out what your fees or rates should be. You have to realize that there are two types of value. One is economic based and one is

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Pricing Strategies – How to Charge More

Pricing Strategies – How to Charge More

Offering the lowest price is not a good marketing strategy and there are several reasons why. First of all, it cuts into your profits. If you have to continually offer lower prices than your competitors, the increased number of clients you’ll get could be worthless because you’re

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How to Justify Raising Your Rates

How to Justify Raising Your Rates

It’s time to raise your rates. Unfortunately many business owners struggle with this concept. They fear that raising their prices will make them lose money rather than make it. This is a mindset problem and one that needs to be overcome. The first person you need to be able to convince about a rate increase is you.

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5 Ways to Increase Your Monthly Income as a VA

5 Ways to Increase Your Monthly Income as a VA

Being a virtual assistant is a wonderful way to make a living. However, because you rely on client work to pay the bills, it can also be an uncertain lifestyle. Some months may be high income months. Others may be a bit of a struggle. If you

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