Sales Maven

Questions To Ask Before Communicating A Price Increase


Listen Later

We made it to that time of year again where entrepreneurs are thinking about increasing their pricing. It's easy for us to get in our heads about increasing prices and how to communicate new prices to clients. Are you feeling nervous about telling your clients? If you have the answer to these six questions, it should take some of the nervousness away.

Your very own Sales Maven, Nikki Rausch, is here to offer tips, techniques, and strategies to master your sales conversations. Discover methods to place yourself in the position to thrive in business and produce true value for your audience. Today, learn questions to ask before communicating a price increase on this episode of the Sales Maven Show.

In today's episode, Nikki's solo discussion gives you six practical questions for communicating a price increase. These questions look at your price increase from different angles of who is impacted, how they are impacted, and what to do to take care of them. Nikki's strategies help you engage your clients with a mindful price transition to stop them from feeling blindsided. Listen as Nikki explains how to communicate a price increase, inspired by the Recession Proof Your Business Symposium.

Nikki invites you to join the Sales Maven Society, don't miss this opportunity for you and Nikki to work together. Bring your questions, concerns, sales challenges, and she provides answers and guidance to boost your confidence. Join the Sales Maven Society here, click add to cart, and then checkout and use coupon code: 47trial to get your first month for $47.00!

In This Episode:

[00:29] - Welcome, and thank you for listening!

[02:14] - Not every client will be impacted by the price increase. Why is it important to remember this?

[03:11] - Timing matters, so choose an optimal moment to bring new prices to your clients.

[04:21] - Nikki shares what you can do to make the price transition smoother for people.

[05:25] - Don't take the easy way out when you need to have these conversations.

[08:08] - If you're not candid about pricing, it can break rapport.

[10:19] - Which clients should you notify first?

[12:34] - Should you put out a final promotional offer at regular price before the price increases?

[15:22] - Nikki shares how to craft the message around your price increase.

[18:25] - Thank you for listening. Nikki is so grateful you are here!

Find Nikki:

Nikki Rausch

[email protected]

@yoursalesmaven

Facebook | Twitter | LinkedIn | Instagram

Sales Maven Society

To download free Resources from Nikki: www.yoursalesmaven.com/maven

Recession Proof Your Business Symposium:

www.yoursalesmaven.com/6questions

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

Sales MavenBy Nikki Rausch

  • 5
  • 5
  • 5
  • 5
  • 5

5

109 ratings


More shows like Sales Maven

View all
A Well-Designed Business® | Interior Design  Business Podcast by LuAnn Nigara

A Well-Designed Business® | Interior Design Business Podcast

781 Listeners

Build Your Tribe | Grow Your Business with Social Media by Brock Johnson

Build Your Tribe | Grow Your Business with Social Media

2,628 Listeners

Social Media Marketing Podcast by Michael Stelzner, Social Media Examiner

Social Media Marketing Podcast

1,453 Listeners

The Amy Porterfield Show by Amy Porterfield

The Amy Porterfield Show

4,603 Listeners

The School of Greatness by Lewis Howes

The School of Greatness

21,264 Listeners

School of Self-Image by Tonya Leigh

School of Self-Image

1,108 Listeners

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business by Jenna Kutcher

The Goal Digger Podcast | Top Business and Marketing Podcast for Creatives, Entrepreneurs, and Women in Business

12,128 Listeners

THE ED MYLETT SHOW by Ed Mylett | Cumulus Podcast Network

THE ED MYLETT SHOW

13,988 Listeners

The Product Boss with Jacqueline Snyder by Jacqueline Snyder

The Product Boss with Jacqueline Snyder

889 Listeners

The Dream Bigger Podcast by Siffat Haider

The Dream Bigger Podcast

616 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

27,811 Listeners

The Jasmine Star Show by Jasmine Star

The Jasmine Star Show

2,608 Listeners

The CliftonStrengths® Podcast by All GALLUP® Webcasts

The CliftonStrengths® Podcast

86 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

21,499 Listeners

Good Content with Shannon McKinstrie by Shannon McKinstrie

Good Content with Shannon McKinstrie

151 Listeners