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How To Get More Leads And Increase Your Fees - Jonathan Stark

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How To Get More Leads And Increase Your Fees - Jonathan Stark

  1. 1. Jonathan Stark • August 2022 How To Get More Leads And Increase Your Fees
  2. 2. 1. Positioning
  3. 3. 2. Value Pricing
  4. 4. What is positioning?
  5. 5. “Positioning is a strategic marketing technique used to make your business, product, or service more memorable.” —Jonathan Stark
  6. 6. What does a positioning statement look like?
  7. 7. “I am a DISCIPLINE who helps TARGET MARKET with EXPENSIVE PROBLEM. Unlike my competitors, UNIQUE DIFFERENCE.”
  8. 8. But that’s pretty complicated, so here’s a bare bones style that is still super effective…
  9. 9. “I help TARGET MARKET with EXPENSIVE PROBLEM.”
  10. 10. Here’s an example…
  11. 11. “I help growth stage B2B SaaS startups cut churn in half.”
  12. 12. More examples of EXPENSIVE PROBLEMS “I help growth stage B2B SaaS startups…” • …decrease churn • …increase conversions • …decrease time to activation • …increase LTV • …decrease CAC
  13. 13. Okay, once I have an idea for my positioning statement, what do I do next?
  14. 14. Q: What do I do next? A: Write and speak (pick one from each column) • Start a newsletter • Start a blog • Write an eBook • Write for trade publication • Start a podcast • Start a YT channel • Livestream on Instagram • Go on a podcast tour
  15. 15. As your audience of ideal buyers grows, you can start to increase your fees with value pricing.
  16. 16. What is Value Pricing?
  17. 17. “Value pricing is a form of fixed project bid in which the price is based on the VALUE to the buyer instead of the COST to the seller.” —Jonathan Stark
  18. 18. How does value pricing work?
  19. 19. Q: How does value pricing work? A: Backwards from what you do now 1. Uncover what the project OUTCOME is worth to the client 2. Create a PRICE that is a fraction of the VALUE 3. Create a SCOPE that “ fi ts inside” the PRICE
  20. 20. How do I uncover the value?
  21. 21. Q: How do I uncover the value? A: The Why Conversation • Why this? • Why now? • Why me?
  22. 22. How do I set prices based on value?
  23. 23. Q: How do I set prices based on value? A: The “Goldilocks” pricing curve is a good default • Option 1: 10% of guesstimated value • Option 2: 22% of guesstimated value • Option 3: 50% of guesstimated value
  24. 24. So if the value is $100k… …then your prices would be: • Option 1: $10,000 • Option 2: $22,000 • Option 3: $50,000
  25. 25. Now pick a scope of work for each price that you’d be fist-pumpingly happy to do.
  26. 26. So I literally scope last?
  27. 27. (I told you it was backwards) YES!
  28. 28. Q&A
  29. 29. Want to learn more? Tons of free resources for you… • Free email course on value pricing link • My 5-page proposal template link • Value pricing calculator link • Interview about roadmapping engagements link • Articles on positioning link • Articles on value pricing link • Loads more free stu ff link

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