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Junior Varsity
Notifying clients of a rate increase
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<blockquote data-quote="John Roberts" data-source="post: 133864" data-attributes="member: 126"><p>Re: Notifying clients of a rate increase</p><p></p><p>Without knowing the people involved it is hard to offer useful specific advice, there are several moving parts to the dynamic. </p><p></p><p>In general they look at your fee as a cost, not an important part of how they make money so any increase will be looked at unfavorably, that's just business. </p><p></p><p>Put yourself in their shoes. They should respond better to advance notice. It should sound more professional to offer them a fixed rate for fixed period. </p><p></p><p>Submit a modest increase (starting X gigs from now) and promise them you won't raise your rate again before 2016 when you plan to review it again. Maybe ask for less than you want this time but plan to ask for a similar amount more next year, and so on. This will help them plan.</p><p></p><p>It is hard to raise prices on existing customers, this is why you should never take jobs for less than you are worth, they will expect that price next time. </p><p></p><p>Good luck...</p><p></p><p>JR</p></blockquote><p></p>
[QUOTE="John Roberts, post: 133864, member: 126"] Re: Notifying clients of a rate increase Without knowing the people involved it is hard to offer useful specific advice, there are several moving parts to the dynamic. In general they look at your fee as a cost, not an important part of how they make money so any increase will be looked at unfavorably, that's just business. Put yourself in their shoes. They should respond better to advance notice. It should sound more professional to offer them a fixed rate for fixed period. Submit a modest increase (starting X gigs from now) and promise them you won't raise your rate again before 2016 when you plan to review it again. Maybe ask for less than you want this time but plan to ask for a similar amount more next year, and so on. This will help them plan. It is hard to raise prices on existing customers, this is why you should never take jobs for less than you are worth, they will expect that price next time. Good luck... JR [/QUOTE]
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