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Author Topic: Rates increase - is it justified?  (Read 1608 times)

LotusFlower

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Rates increase - is it justified?
« on: 06 October 2017, 09:26:00 am »
Good morning ladies!

I know this topic has been covered numerous times in numerous formats, but I'd like some advice on potentially increasing my rates.

I offer an extensive range of services and am becoming quite well known for BDSM / fetish sessions that also cross into the "sex" realms. I own a magnitude of toys, equipment, outfits and I always keep them updated. In my opinion, I offer a great service. I am always attentive to what my client expects which shows in my repeat client base.

The issue I have is that I work from hotels and apartments, which seem to have jumped up in price significantly over the last year. On occasion, I could get a room for 70 - 110 a night. Now, it is minimum of 140 a night and the more premium hotels or rooms, which I used to use all the time, are now 180+. Obviously there has been a change in the economy, noone can deny that. Personally, I'd like to increase my half hour rate by 10 and my hour by 20, which would bring my rate to 10 above the average price of girls in my area (and these girls only offer a GFE service. It might well be the best in the world but still not as extensive as my service offerings).

I currently offer strap on as extra 20 (because let's face it, the extra amount of condoms used alone is worth that), watersports as extra 20 and duos as extra 50. I also offer one hour of each working day as reduced rate of 130, which I don't really want to do but I can never seem to get that hour filled due to the time.

My fear is that clients don't fully understand that costs have rocketed. A few clients have already mentioned that I have higher rates than what I had 2 years ago (?!).
 
So, can I justifiably increase my rates without changing my services? Or should I drop the "extras" and roll them all into one flat rate? OR am I just being a greedy bitch because I can see the change in net profit from before the economy earthquake?

Any advice, always appreciated!

amy

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Re: Rates increase - is it justified?
« Reply #1 on: 06 October 2017, 09:33:05 am »
You don't have to 'justify' increasing your rates or decreasing them. Justify it to whom?

LotusFlower

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Re: Rates increase - is it justified?
« Reply #2 on: 06 October 2017, 09:36:58 am »
Probably justifying them to myself! I feel terrible hiking my prices up when I see how much rates in general have increased across the board from a few years ago. Many clients I would see weekly can now only afford every second or third week. I don't want to seem like I am taking the piss, but my overheads are killing me.

Lady_Lust_XXX

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Re: Rates increase - is it justified?
« Reply #3 on: 06 October 2017, 10:24:47 am »
As has been said, you only have to please you re costings. If clients don't like it they don't need to pay it.

If your hotel costs are increasing then that has to be passed on. You don't want to be on the losing side of a full day and just breaking even.

When I was whoring I too had an extensive amount of equipment and toys etc and I offered all the services you offer (though not anal as I can't abide that) but everything else, but I didn't charge anything extra for them but with some services I only offered longer bookings.  At the same time I was working from a rented flat so didn't have the expense of hotels except when touring. 

Many guys don't particularly want an extensive choice of services as they can be quite vanilla. Some are happy with just a little bit of kink that they don't get at home.

It's up to you as to whether you up your prices and live with the consequences if it doesn't work and you may have to decrease them again if you fall short of clients.

Beauty is nothing to do with having a pretty face.
It is about having a pretty mind, a pretty heart,
And most importantly a beautiful soul.

Anais

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Re: Rates increase - is it justified?
« Reply #4 on: 06 October 2017, 11:02:39 am »
Hi VG,

I am a touring escort so I understand what you mean regarding costs only too well.

What I find works for me is a flat rate for my GFE and then I add ?20 for rimming. This is the only extra I do.

I am 60/80/140. I get next to no 60s. I get a lot of 80s and I get 140s. If guys want my rimming then they have no problem paying it.

I will not stick my tongue up some guy's arse for less than 100.

If they want to see you, they will pay your rates. I knock 20 off my hourly rate when I work from home as I don't have the overheads.

I've played around with my rates a lot. I consider my rates just right for my age bracket and the areas I tour in.

I know the difficulty with trying to charge the right amount to generate business and make a decent profit. Good luck with whatever you decide.

themoneyhoneyy

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Re: Rates increase - is it justified?
« Reply #5 on: 06 October 2017, 11:37:32 am »
Hi VG,

I've played around with my rates a lot. I consider my rates just right for my age bracket and the areas I tour in.

I know the difficulty with trying to charge the right amount to generate business and make a decent profit. Good luck with whatever you decide.

Only couple days ago I came on here and was looking for encouragement to put my prices down as a "special offer" due to wanting to see if it makes a difference in how many people call so the ladies of course said it is up to me and I can change them whenever and however often I want and it doesn't matter what anyone thinks.

So I had the special offer ( ?20 off from my ?30 higher than average AW rate) and I did get two pre-bookings for my incalls next week, one without feedback even paid deposit ... now I did receive emails from 2 of my previous clients that e-mailed me just to say that they noticed my price went down and why ? ... they asked why ? they did not even say "Yay I wanna take advantage of the offer"  :FF

So moody as I am I put my prices back up ?10 pounds ( still ?10 less than originally and mind you all this within 24 hours looking crazy as hell lol ) and put my number up and the phone has been ringing off the hook today... so honestly we can all speculate and try to find explanations and reasons why to go up or down, but in the end just do it and see what comes.

I think we all are so quick to lower our prices when it is quiet for a week just to find that the lower price did not change anything and it is just a phase... not always of course. When you believe that your prices are justified, reasonable and compatible then just look at more advertising, pictures etc. and stay put it will pick back up in most cases.

And for you I'd say just put them up for 2-3 weeks and see what comes, that is the only way to find out. If you change it and still get the same amount or more bookings then it was the right thing to do..if you find yourself being slower for weeks maybe try to make the longer bookings more attractive with reducing those or try advertising in different places as you offer special services and many people are prepared to pay more for those.:)

Good luck!


ParisB

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Re: Rates increase - is it justified?
« Reply #6 on: 06 October 2017, 01:04:21 pm »
Can you keep the prices the same for regs so you don't lose them
increasing your rates is up to you and perfectly ok but you might lose work so it won't be worth while

Where are you touring to pay ?140 a night
Unless it's London I never pay more than about ?80 and even then I can generally get a  a decent hotel in London for ?100 a night
I've got three nights in Oct for ?100 a night and it's a lovely modern hotel in London

Also have you tried different nights in hotels
Wednesday is always the most expensive
Ie two nights Thur Fri in London I can get for ?170 -?220 but if I add a Wednesday it shoots up to ?350 -?400

4 nights in areas in the west Midlands  ?255 this a hotel with a pool & free parking
Add a Wednesdays and it's close to ?400 so ?150 for 1 night and ?65 for the others
I've found this to be pretty much the case In most areas

« Last Edit: 06 October 2017, 01:07:45 pm by ParisB »

LotusFlower

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Re: Rates increase - is it justified?
« Reply #7 on: 08 October 2017, 12:39:07 pm »
I don't currently tour; these are hotels in my city centre. I don't have a work apartment and have major difficulty finding them!

The prices are crazy here at the moment. If there is ANYTHING on, like a gig or exhibition, hotels shoot up to 200+ a night, some even 300+ a night. A few months ago I couldn't work for 2 weeks because there was some big thing going on in the city and hotels were charging about the 300 a night. I wouldn't even risk paying that up front incase I have a quiet week.

These costs put a lot of pressure on me because I then feel that I have to work more than I want to, to ensure I make the money I need to cover my costs and pay me a decent wage to cover my household bills.

I've looked at ways to cut down other costs but at the end of the day, charging what I charge, I don't want to reduce on the service I provide to my clients (such as giving them tap water instead of bottled, using cheaper condoms / lubes).

I guess I will just play about and see what sticks.

SimplySinful

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Re: Rates increase - is it justified?
« Reply #8 on: 08 October 2017, 01:29:46 pm »
If this happens routinely is it possible to travel to somewhere else half an hour or so away, somewhere that doesn?t hike hotel prices up.

I?m not saying touring, more a practical remedy for your problem, so you?d have a back up city/town to work from, that you could advertise and might still work with existing clients.

That?s what I?d consider doing anyway.

ParisB

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Re: Rates increase - is it justified?
« Reply #9 on: 08 October 2017, 02:36:08 pm »
If this happens routinely is it possible to travel to somewhere else half an hour or so away, somewhere that doesn?t hike hotel prices up.

I?m not saying touring, more a practical remedy for your problem, so you?d have a back up city/town to work from, that you could advertise and might still work with existing clients.

That?s what I?d consider doing anyway.

I agree that's what I would do just tour about 30 mins or so away somewhere with good connections to other cities and cheaper hotels
I wouldn't hike the prices up beacause the hotels are crazy prices as you don't know if you can make the money to cover the cost
I just wouldn't work when it's that high and would tour elsewhere

English Green

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Re: Rates increase - is it justified?
« Reply #10 on: 08 October 2017, 03:28:13 pm »
If the hotels are going up in price then course you need to increase a bit otherwise you cant work from them punters will always moan with any increase because some think we should be charging much less then what we do charge so your always get arseholes giving you a hard timevover it because they think none of us pay tax and were all on benefits. Do what you need to do.

firsttimer

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Re: Rates increase - is it justified?
« Reply #11 on: 09 October 2017, 01:06:39 am »
How busy are you at your current rate is the biggest question?

LotusFlower

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Re: Rates increase - is it justified?
« Reply #12 on: 09 October 2017, 06:07:13 pm »
It depends which day of the week it is, but mainly fully booked every day I work. Most of these bookings are in advance. I know: the rule of supply and demand, it just doesn't seem applicable though.

firsttimer

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Re: Rates increase - is it justified?
« Reply #13 on: 09 October 2017, 06:25:22 pm »
It depends which day of the week it is, but mainly fully booked every day I work. Most of these bookings are in advance. I know: the rule of supply and demand, it just doesn't seem applicable though.

It kind of is relevant. If you are fully booked at your current rate you may find it more difficult at a higher rate, and it could backfire. All trial and error I guess.
If someone can get as good a service for less, they will go there instead.

sweetmilf

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Re: Rates increase - is it justified?
« Reply #14 on: 09 October 2017, 07:21:04 pm »
There have been some threads on "increasing prices".

If you feel resentful that what you are offering deserves a local going price, given the specialised services, I would say, up the price.  I had a similar set of responses when I upped my price, "oh it will upset your customers" " a bad move, given the economy" etc etc and generally, negative comments.  I upped my price regardless and I noticed there are some mature ladies, who charge a lot more than I do... Clearly, they are doing fine, as there's no sign of lowering their price.   If you are too busy, definitely, I will go up.   I have looked at ladies prices, they aren't cheap.   There are ladies who charge low but charge extras.  So just do what you feel right.  :)