Comments on: Pricing

By: Bookmarks about Quest

Bookmarks about Quest — Sat, 11 Oct 2008 23:50:13 +0000

[...] – bookmarked by 4 members originally found by cutleroke on 2008-09-29 Comment on Pricing by Four Pillars http://www.moneysmartsblog.com/2008/09/04/pricing/#comment-7869 – bookmarked by 1 members originally [...]

By: Buying in Bulk

Buying in Bulk — Mon, 08 Sep 2008 09:38:49 +0000

[...] good advice.� We’ve mentioned the chocolate article Guiness416 pointed us to a couple of times, and basically their business is based on this (buy in bulk, then get a massive markup when you [...]

By: At Peace or Feel Isolated on This Sunday | Credit Card Information

At Peace or Feel Isolated on This Sunday | Credit Card Information — Mon, 08 Sep 2008 02:19:47 +0000

[...] Pillars gives a primer about pricing, something that everyone (both business owners and customers) should [...]

By: squawkfox » Chickens, Tomatoes, and Links Oh My!

squawkfox » Chickens, Tomatoes, and Links Oh My! — Sun, 07 Sep 2008 22:43:09 +0000

[...] Quest for Four Pillars: Pricing [...]

By: Weekly Dividend Investing Roundup - September 6, 2008 » The Dividend Guy Blog

Sat, 06 Sep 2008 11:05:20 +0000

[...] Pricing for entrepreneurs [...]

By: Four Pillars

Four Pillars — Sat, 06 Sep 2008 02:49:51 +0000

Mrs. Micah – given that your business is relatively new and it’s not a full-time job for you – I think you are taking the right approach with just offering reasonable rates – you can always raise them if you think the demand is there.

As Cheap mentioned – if your target customer is other bloggers then it’s tough to charge high rates!

Mike

By: Mr. Cheap

Mr. Cheap — Fri, 05 Sep 2008 17:07:41 +0000

Mrs. Micah: Yeah, I suspect selling to businesses would be a better way to get closer to $100 / hour than selling to bloggers. I think with most design/consulting services, selling by the JOB is typically better than selling by the hour (people can’t estimate how long it’ll take you and they’ll be afraid the job might run up more time than they want).

By: Mrs. Micah

Mrs. Micah — Fri, 05 Sep 2008 13:49:07 +0000

I have this trouble in selling my design/consulting services. Some of my tech friends think I’m crazy to charge so little, but I’m not sure what my market will bear. Their hours are billed (by the company) at something like $100/hour, but then their clients are businesses, not bloggers…

By: The Friday Gathering for 9/4/2008

The Friday Gathering for 9/4/2008 — Fri, 05 Sep 2008 10:26:14 +0000

[...] Pricing from Quest for Four Pillars – I have the problem of how much to charge right now with the website I’m building. I recently experienced a similar “pricing scam” when faxing using local business services companies. They charge you $2.50 to fax the first page, then like .70 cents for each subsequent page. What a rip-off. [...]

By: Four Pillars

Four Pillars — Thu, 04 Sep 2008 20:04:57 +0000

I don’t think the chocolate example is really an issue – there is no duty or trust or anything in that case. The chocolate makers built a great marketing campaign and some people bought into it. It’s the same thing as $200 sunglasses or $500 ladies’ handbags, $5,000 diamond rings, $1000 baby buggies etc. People are buying a name/status symbol and in a lot cases they know that.

As for your last question – yes, I also don’t know where you draw the line. What would you have done if the guy you bought your condo from had dropped the price by 20% because he thought you could use a break? Would you say yes or would you rather pay what you consider to be a fair price?