๐ฐ Money School
How to Raise Your Prices
How to raise your prices without losing your customers: why underpricing hurts, how to calculate a fair increase, and how to tell clients with confidence.
What you will learn
- 1Beginner: Why Underpricing Quietly Hurts YouFree 6 min
- 2Intermediate: Calculating a Fair Increase๐ 9 min
- 3Advanced: Rolling Out an Increase Without Losing People๐ 10 min
Beginner: Why Underpricing Quietly Hurts You
Underpricing is not humble, it is expensive
A low price feels generous and safe. In reality it means you work more for less, which burns you out and makes it harder to serve anyone well.
It also quietly signals low value. Some buyers read a rock-bottom price as a warning, not a deal. Charging fairly is not greed; it is what keeps you around long enough to keep helping people.
The real cost of a price that never moved
Your costs rise every year even when your price does not. Materials, tools, and fees all creep up, so a price frozen for three years is actually a price cut you gave yourself without noticing.
Example: your candle was priced at 18 dollars three years ago and still is, but your materials went from 6 dollars to 8. Same price, two dollars less kept per candle. Standing still is losing ground.
Raising prices is normal, not a betrayal
Every business you buy from raises prices over time. Your coffee shop, your phone carrier, your grocery store. It is a normal part of staying open, and good customers expect it.
You are allowed to do the same. A price increase is not something you sneak or apologize for. It is a routine, healthy sign that your business is being run on purpose.
Do this before lesson 2
- โWrite down the last time you raised your prices and how many years ago that was.
- โCompare a key cost today to what it was back then.
- โList three businesses you buy from that have raised their prices recently.
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Full course $49. First lesson stays free, always.