Lesson 8 – Getting Your Initial Payment – Power Pricing, and Subscriptions with Woo Commerce

[et_pb_section bb_built=”1″ admin_label=”section”][et_pb_row admin_label=”row” background_position=”top_left” background_repeat=”repeat” background_size=”initial”][et_pb_column type=”4_4″][et_pb_text admin_label=”Main Content” background_layout=”light” text_orientation=”left” use_border_color=”off” border_color=”#ffffff” border_style=”solid” background_position=”top_left” background_repeat=”repeat” background_size=”initial”]

There are many ways to get your initial payment, and all of your payments for that matter.

Let’s talk about how you price your services.

In fact, let’s take a look at that goal you have set, for how much money you want to make this year. Then let’s see how many clients you can take on. Then we can look at how to price your services. We can see how much money you need to charge in order to reach your goal. That’s how we need to come up with your pricing. That’s Power Pricing, not value pricing. The power is in your hands to decide what you need to get paid in order to reach your goals.

The assumption here has to be that you have a set of skills and a value that you bring to the table that makes it very well worth the price for the client to pay you, for what you will deliver. I don’t know about you, but when I am getting paid better than I would expect to do a job, I am going to look for more things I can do, to deliver the most amazing experience to my clients. Conversely, when I am worried about the amount I am getting paid, I will work to get the job done in as little time as I can, so I can move on to something else as quickly as possible.

Once we’ve established pricing, let’s look at how to set up receiving your payments with clients. If you hate spending time chasing people for money like I do, then you’ll want to set up a subscription with the client. This way they’re charged each month, right on time. No receivables to chase. Some of my colleagues like to keep the card on file. I am not a fan of this way of handling customer payments. I don’t want the responsibility of keeping the credit card information secure. I use Woo Commerce Subscriptions. They handle everything.



One Reply to “Lesson 8 – Getting Your Initial Payment – Power Pricing, and Subscriptions with Woo Commerce”

Leave a Reply