A surprising reason to not list your consulting prices
As I've shared insights on indie consulting, marketing strategies, and referral techniques, a recurring question from my newsletter subscribers is about pricing. Specifically, many ask if they should lower their rates or make them public.
In this article, we'll delve into the counterintuitive reasons why listing your consulting prices might not be the best strategy, regardless of whether you're aiming to appear affordable or exclusive. We'll explore the potential drawbacks of transparent pricing, introduce more effective alternatives like minimum level of engagement pricing, and provide actionable strategies to help you maximize your value and earnings as a consultant.
Building on the foundation laid in my previous posts about building a consulting practice and using the right tools, this piece will add another crucial element to your consulting toolkit: strategic pricing.