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Don't Cut Prices - Reduce Your Offering Not Your Price - RD190

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Synopsis

No matter how nicely a client asks, don't cut prices. [sc name="pod_ad"]Does this sound familiar? You present a quote for a design project, and the client responds with, “Is there any way you can cut your price?” If you haven’t heard that question before, or something similar, it’s only a matter of time. It’s almost a right of passage for home-based designers. Because you work for yourself, some people think they can haggle with you as if you were selling your services at a yard sale. So what do you do when someone asks you to lower your price? My advice is never lower your price. On Resourceful Designer 113, I talked about offering discounts. In that episode of the podcast, I shared six valid reasons for providing a discount, and three times you shouldn’t offer one. Can you guess where “Because the client asked for a discount” falls? If you lower your price, you’ll be setting future precedences. Once a client knows they can negotiate with you, they’ll never take you, your services, or your prices seriously a