Print

In the Trenches: New Pricing Goes Into Effect

. Posted in small Business tips

<

I feel like I-ve been talking about our new pricing structure for the last few months. We-ve been planning it for even longer than that. But now, it-s a reality. The new pricing went into effect on June 1, and it went off without a hitch.

We spent the last month updating the website and combing through everything to make sure that the old pricing had been erased and the new pricing was all that clients would find when they came to the site. I checked and double-checked the links to make sure they all worked and went to the right place. No matter how many times I had looked, I always found another problem. (So if you happen to see one, let me know.) But everything seems to be working just fine now.

I also had to make sure that all the concierges understood the new pricing. While they don-t usually interact with clients on money matters, they do get paid a commission. It was important for them to know that they would now be better compensated for the amount of work they put in than under the previous structure.

Of course, I spent more time reaching out to some of my biggest clients again and again. And I made sure that everyone had the chance to buy credits in advance before the change so they could continue to use at the old pricing level. I was amazed at how many people took advantage of that offer, and I-m thrilled with the results.

It-s always an adjustment when new pricing goes into effect, so providing this bridge to existing customers was a perfect solution. It gives them more time to acclimate to the new pricing while giving us more time to show that we provide enough value to justify the increase.

All in all, I-m happy it-s done. We helped a stranded client at the new urgent rate shortly after the pricing change went into effect, and she was more than happy with the price she paid. I-ll have to monitor sales closely to see if there are any big drops over the next few weeks, but so far, it looks like having done our homework in advance is paying off nicely.

Brett is the Founder and President of Cranky Concierge air travel assistance. He also writes the consumer air travel blog, The Cranky Flier. View all posts by Brett Snyder This entry was posted in Marketing and tagged in the trenches, Pricing. Bookmark the permalink.
:
Learning when you are allowed to and how to start a non profit business are critical steps in a busi
Starting a business and need to learn how to start a limited liability corporation? For those who w
Interested in learning how to start a corporation? Let’s start with an overview… A corp
In this article we’ll cover the definition of sole proprietor. There are a multitude of small
What is the definition of a corporation? This article will explain the basics of the corporate entit
Alphalogix has again upgraded their popular Versona Instant Messaging System by adding the capabilit