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021 - How To Rethink Your Pricing Strategy in a Shifting Economy
Today’s show is about the shifting landscape of pricing in a world influenced by elections, market dynamics, and the rise of AI. It’s not just about numbers—it’s about understanding the value of what we bring to the table, setting boundaries with clients, and staying adaptable as industries evolve.
From letting go of low-paying gigs to navigating client expectations and managing mental stress, we get real about what it takes to thrive in a competitive market without sacrificing quality or sanity.
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TAKEAWAYS
Pricing strategies are heavily influenced by market perceptions and external factors like elections.
AI has changed the landscape of marketing, affecting how services are priced and delivered.
Professionals must balance their perceived value with market realities and client expectations.
Setting a minimum price threshold is crucial to avoid resentment and maintain quality of work.
Navigating client relationships requires understanding their expectations and the value of your services.
The workload may decrease with AI, but the mental stress of managing multiple clients can increase.
It's important to research market rates and adjust pricing accordingly.
Letting go of low-paying clients can open doors to better opportunities.
Maintaining quality work is essential, regardless of the price agreed upon with clients.
Professionals should regularly reassess their pricing strategies to align with their skills and market trends.
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🟢 CONNECT WITH US👇
Instagram ► https://www.instgram.com/thestratshow
TIkTok ► https://www.tiktok.com/thestrateshow
Website ► https://www.stratshow.com
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📖 CHAPTERS 📖
00:00 The Impact of Elections on Economic Behavior
02:30 Pricing Strategies in the Age of AI
05:30 Navigating Client Expectations and Workload Management
07:44 Finding Your Value in a Competitive Market
10:50 Setting Boundaries and Minimum Pricing
13:35 The Importance of Client Awareness and Respect
16:00 Lessons Learned from Client Relationships
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🔔 SUBSCRIBE to the STRAT SHOW👇
https://www.youtube.com/channel/UC5qsYPOxEz11RMShIVxdYjw?sub_confirmation=1
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#entreneurship #businessstrategyforbeginners #startshow
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By Lee Payton and Sean LyonsToday’s show is about the shifting landscape of pricing in a world influenced by elections, market dynamics, and the rise of AI. It’s not just about numbers—it’s about understanding the value of what we bring to the table, setting boundaries with clients, and staying adaptable as industries evolve.
From letting go of low-paying gigs to navigating client expectations and managing mental stress, we get real about what it takes to thrive in a competitive market without sacrificing quality or sanity.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
TAKEAWAYS
Pricing strategies are heavily influenced by market perceptions and external factors like elections.
AI has changed the landscape of marketing, affecting how services are priced and delivered.
Professionals must balance their perceived value with market realities and client expectations.
Setting a minimum price threshold is crucial to avoid resentment and maintain quality of work.
Navigating client relationships requires understanding their expectations and the value of your services.
The workload may decrease with AI, but the mental stress of managing multiple clients can increase.
It's important to research market rates and adjust pricing accordingly.
Letting go of low-paying clients can open doors to better opportunities.
Maintaining quality work is essential, regardless of the price agreed upon with clients.
Professionals should regularly reassess their pricing strategies to align with their skills and market trends.
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🟢 CONNECT WITH US👇
Instagram ► https://www.instgram.com/thestratshow
TIkTok ► https://www.tiktok.com/thestrateshow
Website ► https://www.stratshow.com
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
📖 CHAPTERS 📖
00:00 The Impact of Elections on Economic Behavior
02:30 Pricing Strategies in the Age of AI
05:30 Navigating Client Expectations and Workload Management
07:44 Finding Your Value in a Competitive Market
10:50 Setting Boundaries and Minimum Pricing
13:35 The Importance of Client Awareness and Respect
16:00 Lessons Learned from Client Relationships
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
🔔 SUBSCRIBE to the STRAT SHOW👇
https://www.youtube.com/channel/UC5qsYPOxEz11RMShIVxdYjw?sub_confirmation=1
▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬▬
#entreneurship #businessstrategyforbeginners #startshow