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The Recognized Authority - How to Do Value Based Pricing with Ron Baker

How to Do Value Based Pricing with Ron Baker

The Recognized Authority

09/27/21 โ€ข 51 min

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"You should raise your prices" is advice you'll frequently hear on this podcast and elsewhere. But it's not that easy to implement.

In this episode, Ron Baker and Alastair McDermott discuss why pricing by the hour is a bad option, and why value pricing is better for the provider and for the client. They cover steps you can take to do value based pricing, and talk about the importance - and difficulties - of the value conversation.

They also discuss the recurring subscription model, which Ron calls "Value Pricing 2.0"!

โ€œThe value conversation is difficult because we've never been taught it, it's not part of the culture of how professionals work. We've always slid an engagement letter across the table with our hourly rate and hope the customer signs it.โ€ -- Ron Baker

๐Ÿ—’๏ธ Show Notes ๐Ÿ—’๏ธ

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

๐Ÿ‘‰๐Ÿ‘‰ https://therecognizedauthority.com/value-based-pricing/๐Ÿ‘ˆ๐Ÿ‘ˆ

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

๐ŸŽ™๏ธ 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 YouTube

09/27/21 โ€ข 51 min

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