The Recognized Authority

How to Charge More by Niching Down with Geraldine Carter


Listen Later

There is a direct connection between niching down and earning more money.

In this episode, Geraldine Carter and Alastair McDermott discuss positioning and specialization.

Geraldine outlines the direct connection between your specialized positioning and your ability to command higher fees.

They also discuss pricing new service lines, and how consultants tend to undercharge significantly.


โ€œUnderpricing is by far the number one pitfall when creating packaged services. When I work with my clients, and they tell me what they're going to charge for a certain thing, it's typically under by half, sometimes three times.โ€ -- Geraldine Carter

โ€œThe more focused your position is in the marketplace, the easier it becomes for you to understand how to add value to your clients' businesses. You deeply understand where they get stuck, you start to see the patterns. You provide more valuable solutions faster, so your value goes up. And when your value goes up, your prices can immediately follow.โ€ -- Geraldine Carter


๐Ÿ—’๏ธ Show Notes ๐Ÿ—’๏ธ

Access all the links mentioned in this episode in the show notes here:ย 

๐Ÿ‘‰๐Ÿ‘‰ https://therecognizedauthority.com/charge-more-by-niching-down/ ๐Ÿ‘ˆ๐Ÿ‘ˆ

----------------------------------------------------------------------------------------------

โœ‰๏ธ Subscribe to the email list at TheRecognizedAuthority.com

๐ŸŽ™๏ธย  Record a question or voice message for the show at TheRecognizedAuthority.com/question

โญ Like what you heard? Please help share the podcast by leaving a rating & review

๐Ÿค— Connect with Alastair and The Recognized Authority:

โžก๏ธ LinkedIn โžก๏ธ Twitter โžก๏ธ YouTubeย 




...more
View all episodesView all episodes
Download on the App Store

The Recognized AuthorityBy Alastair McDermott - The Recognized Authority

  • 5
  • 5
  • 5
  • 5
  • 5

5

15 ratings