The Power in Purpose: A Podcast for Wedding Pros

104 | Should You Increase Your Price? How to Know When It's Time to Raise Your Rates


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As a wedding pro, you may find yourself in a position where you need to raise your price. But how do you know when it's time to do so? Is it time for a price increase? How do you know when it’s the right time to raise your rates?

In this episode of The Power in Purpose Podcast, I discuss how to know when it's time to raise your rates as a wedding industry professional. I explain the signs that it's time to increase your price and provide tips for how to raise your rates.

I also discuss the factors that affect the rates of wedding pros and provide examples of how you can differentiate yourself from your competition. Finally, I share tips for communicating your rate increase to your current clients and marketing your new rates to potential clients.

If you're a wedding pro looking to maintain a sustainable business, it's important to evaluate your rates regularly and make adjustments as needed to ensure that you are providing high-quality service while maintaining a profitable business. Tune in to this episode to learn how to identify the signs that it's time to raise your rates and get tips for doing so effectively.

Thanks for tuning into today’s episode of The Power in Purpose Podcast. I want to know what your biggest takeaway was. Head to my Instagram and answer the question of the episode @candice.coppola

SHOW NOTES: http://www.powerinpurposepodcast.com

GET ON THE WEDDINGPRO INSIDERS WAITLIST: Ready to transform your business? Learn more about WeddingPro Insiders, my high-impact mastermind for wedding pros https://weddingproinsiders.com

SHOW SPONSORS: Learn more about Honeybook & Get 35% Off: http://candicecoppola.com/honeybook Sign-Up for Flodesk & Get 50% Off: http://candicecoppola.com/flodesk

JOIN ME INSIDE THE PLANNER’S PLAYBOOK: Learn my secret framework for planning, designing, and coordinating magazine-worthy weddings like a pro https://plannersplaybook.com

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The Power in Purpose: A Podcast for Wedding ProsBy Candice Coppola

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