Author Topic: Increasing your hourly rate (Read 869 times)

cherryfcuk · « **on:** 11 January 2016, 09:59:09 pm »

So ladies I've been thinking now i've come back for the new year - should I increase my price?

I thought that if there is more demand than I can supply then doesn't that say I would still do well even with an increase?

I already have a good amount of regulars in my area and I only work between 10-12 days a month.

How have you ladies found business once you increased your hourly rate.

The increase would put at one of the more expensive in my area.

comments welcome

Hadley · « **Reply #1 on:** 11 January 2016, 10:05:32 pm »

Hi Cherry and Happy New Year!!

It's a tough one isn't it.. one of those "how long is a piece of string" questions too.

Well you seem to suggest in your OP that demand is well outstripping supply, and if that's the case then I think you have good reason to at least give a raise in prices a go. After all, if after a couple of months you are not making what you think you should, you can always lower your prices again.

I raised my prices before and did find that it increased my business. However I raised mine from being low-average to average for my area - going from average to high may be different.

Good luck with it

H xx

Jezabel · « **Reply #2 on:** 11 January 2016, 10:16:58 pm »

I raised mine in October. I do low volume anyway not 100% sure how its working yet. Its aways a bit of a risk. My regulars get to keep the old rate for a certain length of time. The difficulty I find is telling people who've come once or twice or who haven't seen you in a while.

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Author Topic: Increasing your hourly rate (Read 869 times)

cherryfcuk

Increasing your hourly rate

Hadley

Re: Increasing your hourly rate

Jezabel

Re: Increasing your hourly rate