How to get your fees right

How to set your fees, marketing, fee setting

Photo: Karolina Grabowska Pexels.com

Jim, how do I make sure I set my fees right? 

I get asked that question a lot. So, I’m going to answer it today.

I’m also going to show you how to earn more than you’ve ever earned before, from clients who eagerly want to hire you.

Let’s start with a few questions.

  • Do your clients pay you what you’re worth?
  • Do your clients give you the freedom to produce your best work?
  • Do your clients respect you?

Even if you found yourself answering NO to all three of those questions, you don’t have three challenges to overcome.

You only have one. And it’s really easy

The news gets even better my friend. Because the rewards are far, far greater than you might think.

Overcome the fee setting challenge

Here’s why this is an easy challenge to solve.

  • You don’t need to figure out how to know in advance if a client will respect you.
  • You don’t need to be able to tell ahead of time, if they will allow you the freedom to do your best work, either.

All you need to know is that you’ve set your fee correctly and they’re happy to pay you what you know you’re worth.

Here’s why.

When a client pays you what you’re worth, you don’t have to rush. Your time is being rewarded correctly, so you’re free to consistently provide your very best work, on schedule. 

And clients who pay you what you’re worth, who rely on you for this consistently high-quality service, also greatly appreciate your contribution. 

They rely on the value you bring. They respect you for enriching them and their business. 

All this was built on the fee you quoted and their decision to agree to your fee. (relax, I’ll show you how to set your fee in a moment).

Why getting your fees right is essential to your success

When you set your fee, you set more than the financial return for your services. You set the whole framework for your relationship with the client.
And in turn, you set the rewards on every level of your business.

Here’s what happens.

You create a positive cycle. It’s a cycle where:

  • You’re free to produce your best work.
  • You’re regularly recommended by your delighted clients.
  • You’re respected in your market, because of what your clients say about you.
  • You’re paid accordingly by new clients, who value your excellent reputation. 
  • These new clients start that cycle all over again.


Here’s how to set your fee. It’s really easy. 

Decide exactly what your fees need to be, in order for you to provide your very best work, and smash your financial targets.

Then, make your services so good that they’re worth double (or more) your newly-increased fees. Remember, you’ll be earning a lot more for your time, allowing you to greatly improve the value you bring. This makes your fees extremely attractive to prospective clients, as you’re charging them half of what your services are worth.

Set your fees correctly. Earn more than ever. Work exclusively with clients who respect you and value you. 

Have a great day.

That’s it.

Go on!

There’s nothing more to see here.

Move along. 

Back to work.

Okay.

There’s one more thing.

Who do you think Jim Connolly is?

You’re wrong! Look.

How to get your fees right was written by Jim Connolly and originally published on Jim Connolly Marketing



* This article was originally published here For more visit us here at Learn Popular SM Marketing Tools

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