Marketing Information

Knowing When To Charge More and To Charge Less


More And More

It was notable that when I started my business twenty years ago, I came up with a certain "minimum" profit I wanted to make. Within a very short time I didn't feel that profit was enough and I gingerly started to charge more. Then more. I kept stretching and kept raising my profit requirement.

NOW THIS IS THE MOST INTERESTING PART: The more I raised my prices, the more I attracted higher paying clients. Each step forward helped me release the fear that I couldn't get more (or that maybe I wasn't worth more).

The caliber of client I attracted was directly related to the amount of profit I required for myself. The more I claimed for myself, the more the Universe brought to me the clients who had the ability to pay and to accommodate my higher prosperity consciousness.

Over time I completely eliminated the type of events that required much more work for much less money. I realize now that I was creating that "vacuum" for new, higher paying clients to arrive. And they kept arriving. And new circumstances opened up to attract them.

The Universe will find a way to bring us the rewards that we claim for ourselves. But we must claim it - boldly - and know we deserve it. My students are now finding that when they release the fear and doubt, the Universe will rush to support them.

We must make a decision. We are operating from integrity, we have a viable and valuable product or service to offer, there are plenty of clients or customers who will benefit from what we have to offer, and we deserve to be rewarded appropriately.

When Less Is More

Okay, let's say you have reached a point where you know that you deserve to be rewarded fairly for your efforts and you charge accordingly. But there are certain times, if you let your intuition guide you, when you may feel prompted to give your services for much less than your usual value. At those times you are "tuned in" and you may not know why you feel it is the right decision, but you just know and feel that it is. You don't think twice about it. These are times when you are being guided by an unseen hand - your higher self is directing you because there is more to the story than meets the eye.

Here is an example:

A client, Michelin North America, was referred to me a few years back, for a relatively small event. They were showcasing their new "designer" tires to a few local auto industry types at our automotive museum. They had invited only a few special guests, had already booked the museum so there was no profit for me there, and in short, there was a rather meager budget. And, the corporation is located in South Carolina (I'm in Los Angeles), didn't participate in conventions here, so there didn't seem to be much prospect for future business.

But everything in me said "Do it!" I did the small event and gave it my best, the client thanks me and that was that.

A couple of months later I heard from the client again...they were planning to fly 250 of their best dealers out to Los Angeles to celebrate New Year's Eve in grand style at the auto museum and attend the Rose Parade in which Michelin had a float. Long story short...

That New Year's Eve event's budget was over $100,000...in the last couple of years I have done two other events here for Michelin, including a huge media event that showcased 90 environmental cars for which Mr. Michelin himself flew in from France. And that event took place in October right after 9/11!!

When we boldly claim our good, all of the forces of the Universe will come into play to fulfill our expectations, sometimes in the disguise of "little packages". Listen to that inner voice?it will tell you when the little packages contain diamonds.

© Copyright 2004 Marilyn Jenett

Marilyn Jenett, an accomplished business owner in the corporate arena (http://www.MarilynJenettLocations.com) founded the Feel Free to Prosper program to mentor and teach others to become aligned with Universal laws and accept their right to prosper. Her students, from around the globe and from all walks of life, are enjoying remarkable success using her lessons and participating in her telephone group sessions. For more information, check out her website at http://www.FeelFreetoProsper.com

You have permission to publish this article electronically or in print as long as the bylines, URL and copyright are included. Please print the article in its entirety, unchanged and send a copy of the publication to marilyn@feelfreetoprosper.com.


MORE RESOURCES:

TimeTrade Appoints Mike Puglia as Vice President of Marketing
MarketWatch (press release)
As TimeTrade's VP of Marketing, Puglia is responsible for managing and executing product, marketing and communications strategy and programs to drive sales and revenues through increased adoption of the company's award-winning cloud-based products and ...

and more »


IEEE Names Rodney B. Spady Senior Director, Digital Marketing and Communications
MarketWatch (press release)
PISCATAWAY, NJ, Feb 10, 2012 (BUSINESS WIRE) -- IEEE, the world's largest technical professional association, announced the addition of Rodney Spady as senior director, digital marketing and communications. Spady, who assumed this newly-created ...

and more »


Pre-Opening Corn Market Report for 2/10/2012
NASDAQ
Outside market forces look negative today with a surge up in the US dollar and weakness in equity, energy and metal markets overnight. While the USDA report showed a sharp drop in South America production and a further decline in US ending stocks, ...

and more »


Parallon Business Solutions Announces New Vice President of Marketing ...
MarketWatch (press release)
In making the announcement, Kirk Richardson, executive vice president of Sales & Marketing stated, "We're delighted to welcome a seasoned executive like Roger to the talented corporate leadership team at Parallon. His broad experience in brand ...

and more »


Daily Gossip

PepsiCo to Cut 8700 Jobs, Spend More on Marketing Brands
BusinessWeek
9 (Bloomberg) -- PepsiCo Inc. plans to cut 8700 jobs and boost marketing spending for its brands by as much as $600 million as Chief Executive Officer Indra Nooyi works to speed up profit growth at the world's largest snack-food maker.
PepsiCo To Cut Jobs, Boost Marketing; Lowers 2012 ViewWall Street Journal
PepsiCo Cuts Jobs To Boost Marketing ExpensesDaily Gossip
PepsiCo to boost marketing spend, consolidate agenciesDM News
Patch.com
all 584 news articles »


SmartCard Marketing Systems Inc. (OTCBB:SMKG) Announces Launch Of ...
Sacramento Bee
By Smart Card Marketing Systems Inc (SMKG) SAN ANTONIO, TX, Feb. 10, 2012 -- /PRNewswire/ - The company announced today the launch of a direct response service for Manufactures and Retailers with a new twist to attract "opt in" consumers.

and more »


Ben Cummings, Chiropractic Marketing Guru, Announces New-Found Method for the ...
Seattle Post Intelligencer
Ben Cummings owns and operates the world's largest Chiropractic Marketing Consultancy. In his latest blog post, Ben details a newly discovered way to get a great Chiropractic logo. Ben's latest venture is a blog called ChrioBullets.com.

and more »


SYS-CON Media (press release) (blog)

Lead Scoring: How B2B Search Marketers Can Lead the Process
Search Engine Watch
by Derek Edmond, February 10, 2012 Comments B2B search marketing teams should step up to the forefront in lead generation initiatives in 2012. According to the 2012 B2B Marketing Benchmark report by MarketingSherpa, three of the top four challenges ...
B2B Marketers Need to Get on Board with Social Media… NOW!Business 2 Community
Marketing should be 'noble'Business Strata - Business News
Reflections on the 2nd Annual Content Market RetreatSYS-CON Media (press release) (blog)
TechJournal South -Mashable -eWeek
all 16 news articles »


CardioComm Solutions Launches Series of Marketing and Public Relations ...
MarketWatch (press release)
... Today mark the beginning of a Marketing Communications Campaign in support of the company' entry into the Health Market with their recently announced Food and Drug Administration (FDA) clear HeartCheck(TM) Pen Hand Held ECG targeted at consumers.

and more »


PR Web

5 Must-Have SEO Skills
Search Engine Watch
Should SEOs be siloed into doing just SEO and close themselves out from other marketing skills? Or should the new kind of SEO should be jack of all trades and also the master of all trades? The modern day SEO should be an integrated SEO digital ...
Internet Marketing Company Announces an Increase in the Search for Keyword ...San Francisco Chronicle (press release)
SEO Services Firm 180Fusion Attending SES Accelerator Conference & Search ...PR Web (press release)

all 15 news articles »

Google News

home | site map
© 2006