Pricing, Productizing Services, and Creating a Product Ladder - with guest Paul Klein This week Paul Klein joins me on the podcast to discuss pricing, time, value, and making the transition from W2 to K1.
Paul is the host of the Pricing is Positioning podcast, a Keynote speaker, and business consultant.
Thanks Paul for the awesome discussion.
Questions: What does the transition from W2 to K1 typically look like?
How do you think about productizing services?
Why do we fall into the hourly rate trap?
If value is subjective, how can that help or hurt us?
What are some common misperceptions around pricing when moving from W2 to K1?
Why do we over complicate the process?
Key Takeaways: Most people undervalue their services, their expertise
The first sale is to yourself
Recognize that there is value in what you do
You can’t serve every client in every vertical
Make it easy for customers to do business with you
Give your customers three (3) choices when it comes to pricing - the sweet spot
At the end of the day, it’s about the value to the client
Value is very subjective
People buy outcomes, not time
Every brand should have a product ladder
Leverage your expertise to build out your design
Not all customers are created equally, not all services are created equally
Show Links PaulKlein.net
Pricing is Positioning Podcast
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