The Bad Therapist Show

Why Lowering Your Fees Isn't Always the Answer [Ep 39]


Listen Later

Are you considering lowering your fees to attract more clients to your private practice? If so, this episode is a must-listen for you! Today, I delve deep into a common yet critical mistake therapists often make - lowering their fees to increase revenue when they actually have a marketing problem. Join me as I explain how this seemingly beneficial strategy can result in long-term issues such as an overbooked schedule, reduced income, and ultimately, burnout.

But don't worry, it's not all negative! I will share with you how to determine if what you're experiencing is truly a fee issue or a hidden marketing problem and help you craft an effective marketing strategy that will not only attract more clients but also enhance your credibility and generate more sustainable income! By the end of this episode, you will know how to identify and resolve your marketing problem and see why prioritizing quality over quantity leads to a more sustainable and fulfilling private practice. So, are you ready? Let’s tune in!

Topics covered in this episode:

  1. Are you making the common mistake of lowering your fees to attract more clients?
  2. How to identify if your financial problem lies in marketing or your fee structure.
  3. The pitfalls of lowering your fees to build your client base.
  4. How you can improve your marketing strategies to attract the right clients without resorting to lowering fees.
  5. How to identify and solve marketing problems at different stages of your client journey.
  6. Handling money objections during sales calls.


Connect with Felicia:

  • Get my freebie & join the email list: The Magic Sheets
  • Instagram: @the_bad_therapist
  • Website: www.thebadtherapist.coach
  • Facebook group: Healing Money


Resources from this episode:

  • Work with me 1:1 coaching: www.thebadtherapist.coach/private-coaching
  • Devotional Sales Practice: www.thebadtherapist.coach/shop/p/devotional-sales-practice
  • Marketing Strategy Clinic: www.thebadtherapist.coach/shop/p/marketing-strategy-clinic-qa-with-felicia
  • TherapieSEO: www.therapieseo.com


Related episodes:

  • Ep 5 Marketing Mindset Shifts You Need to Make to Fall in Love With Marketing
  • Ep 6 Mastering Your Marketing Strategy
  • Ep 7 My Secret to Turning 10 Min Intake Calls Into Paying Clients
  • Ep 29 Improve Your Website Instantly with This Simple Practice 
  • Ep 30 How to Build a Strategic Website That Will Bring More Clients to Your Practice With Sarah Busse 


Quote:

"Lowering your fee doesn't actually solve this problem. In fact, it moves you backwards."- Felicia



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

The Bad Therapist ShowBy Felicia Keller Boyle | Business Coach for Therapists

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

46 ratings


More shows like The Bad Therapist Show

View all
Sounds True: Insights at the Edge by Tami Simon

Sounds True: Insights at the Edge

1,842 Listeners

Therapy Chat by Laura Reagan, LCSW-C

Therapy Chat

688 Listeners

Being Well with Forrest Hanson and Dr. Rick Hanson by Rick Hanson, Ph.D., Forrest Hanson

Being Well with Forrest Hanson and Dr. Rick Hanson

2,460 Listeners

Therapist Uncensored Podcast by Sue Marriott LCSW, CGP & Ann Kelley PhD

Therapist Uncensored Podcast

1,384 Listeners

The Couples Therapist Couch by Shane Birkel

The Couples Therapist Couch

275 Listeners

Hello Seven Podcast by Rachel Rodgers

Hello Seven Podcast

581 Listeners

On Purpose with Jay Shetty by iHeartPodcasts

On Purpose with Jay Shetty

26,988 Listeners

Notice That by Jen Savage, Melissa Benintendi, and Bridger Falkenstien

Notice That

312 Listeners

Dear Therapists with Lori Gottlieb and Guy Winch by iHeartPodcasts

Dear Therapists with Lori Gottlieb and Guy Winch

2,340 Listeners

IMO with Michelle Obama and Craig Robinson by Higher Ground

IMO with Michelle Obama and Craig Robinson

12,736 Listeners

Good Inside with Dr. Becky by Dr. Becky Kennedy

Good Inside with Dr. Becky

4,453 Listeners

We Can Do Hard Things by Glennon Doyle and Audacy

We Can Do Hard Things

41,490 Listeners

Financial Feminist by Her First $100K | YAP Media

Financial Feminist

6,313 Listeners

Pulling The Thread with Elise Loehnen by Elise Loehnen

Pulling The Thread with Elise Loehnen

1,060 Listeners

The Mel Robbins Podcast by Mel Robbins

The Mel Robbins Podcast

19,692 Listeners