Business Strategy for CPA's

172 Subscription Pricing Strategies with Mark Stiving


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Announcing the *NEW* Client Success Stories podcast:Β 

https://business-strategy-for-cpas-success-stories.transistor.fm/

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Many CPAs struggle with pricing. Some have moved to flat rate or subscription pricing, and many still work by the hour. Subscription of course is a hot topic. But for many CPAs, that business model feels too far out of reach and too theoretical to be able to put it into play in their business anytime soon. But if they don't make the transition, they risk missing out.Β 

Here today to talk with me about the subscription business model is my guest Mark Stiving. Mark is a pricing educator and advisor. He's the host of the Impact Pricing podcast and the author of Win Keep Grow, among other books. Mark helps companies win more business at higher prices.

Highlights:

β€” β€œTo make the shift from the traditional transactional model to the subscription model, you have to figure out how you can add value to a customer on a regular basis.”

β€” β€œA customer who frequently receives value from your product or your service is much more willing to offer to pay you as a subscription because they're paying you for the ongoing value they receive.”

β€” β€œAccountants and CPAs who want to bring subscription into their business need to really understand what the stream of benefits could be beyond just the delivery of month-end deliverables.” 

β€” β€œOne of the big advantages of subscriptions is it's less expensive to get into and try a new service or a new product.”

β€” β€œAccountants and other business owners need to talk to their customers on a regular basis and try to find out what problems they're dealing with, and what solutions they want.”

Connect with MARK:

Website: https://impactpricing.com/

LinkedIn: https://www.linkedin.com/in/stiving/

Email: [email protected]

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Past Episodes:

125 Value and Segmented Pricing for CPAs

https://www.businessstrategyforcpas.com/125

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153 A Formula for Quantifying Value

https://businessstrategyforcpas.com/153

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Mark’s Books:

Win Keep Grow: How to Price and Package to Accelerate Your Subscription Business

https://impactpricing.com/resources/books/

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Impact Pricing: Your Blueprint for Driving Profits

https://impactpricing.com/resources/books/

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Announcing the *NEW* Client Success Stories podcast:Β 

https://business-strategy-for-cpas-success-stories.transistor.fm/

πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†πŸ‘†

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Business Strategy for CPA'sBy Geraldine Carter