How To Effectively Price Your Product/Service (This Simple Change Could 10x Your Income)

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SMMS #348 - When you're new to the agency, freelancing, consulting or any entrepreneurial field, understanding how to effectively price your product is something that many ponder upon for far too long. Should you charge an hourly rate? Should you charge a monthly retainer? Should you charge on a per-project basis? Most when starting out will opt for the hourly rate route. However, this is the only option you shouldn't be picking.
That's why in today's episode of Social Media Marketing School, I wanted to discuss why you should never be charging an hourly rate for your product or service and why if you do in fact do this, you are undervaluing the value of your service and time (and likely missing out on A LOT of money).
I hope this episode of Social Media Marketing School provides you with some actionable tips so that you are correctly able to price your product/service and ensure that you are charging your worth, being valued for your time, improving your client quality and increasing the revenue earned for your business.
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