Welcome back friends! Today’s episode of the Creative Speaker Podcast is going to piggyback on last week’s episode about becoming an educator in your industry. As you grow as an entrepreneur and start to develop new revenue streams, pricing the programs, services or courses you develop for your audience can be a bit confusing and overwhelming mainly due to the fact that in many cases you aren’t delivering a tangible product. Lucky for you I’ve brought my friend Kristin Kaplan on the podcast to go over how to use a value-based pricing strategy to command a price that is fair to both you and your customers.

If you loved this episode and it motivated you to add speaking to your business, please take the time to leave me some positive feedback on iTunes. I’d also love to hear about your biggest takeaway. Take a screenshot of you listening on your device, post it to your Instagram Stories and tag us @thecreativespeakerpodcast.

 

Episode takeaways you don’t want to miss:

• Before you create a course, it’s very important to understand exactly what your audience really wants
• Staying in your lane and being consistent in the way you serve your audience is a great way to build your credibility and command a premium price. Are you the go-to person? What's your audience size?
• There are 2 different pricing strategies: Cost and Value based strategies
• • With educational type offers, you’re going to rely heavily on a value-based pricing strategy
• Your price needs to reflect the value of the transformation you’re offering
• • Also holds you accountable to the value you SHOULD be delivering
• Most customers are looking for a 10x return on their investment
• Having testimonials and case studies of others who have actually accomplished the transformation you are promising is a great selling point
• Check out Kristin’s Pricing Workbook for detailed  

 

For full show notes and links, visit: http://www.thepublicspeakingstrategist.com/shownotes/069