If you’re a budding interior stylist and you’re struggling to nail your pricing, there is no need to stress as you’re not alone! We’ve had plenty of pricing woes ourselves and have a few stories up our sleeve. Which is what inspired us to share with you the common mistakes budding interior stylists make when working out their pricing.
1. Lacking confidence
Every successful designer has been there, second guessing their services, comparing their ideas to others, and wondering if they’re doing it all right. The difference is, successful designers drag themselves out of that realm of uncertainty, realise they are the CEO of a successful business and run it with confidence. If you don’t question yourself, your clients won’t either!
2. Comparing pricing with others
It may be easier when starting out, to look for a generalised pricing model to give you the right financial guide. However, this takes away the important investment of creating your own unique pricing model that focuses on creating and honouring what works for your business, service and clients.
3. Giving discounts
Discounts set a precedent for future low prices, and can undervalue your business. Discounting services can also suggest a lack of confidence in your services. Strive to back your skill-set and help your clients understand that your price rates are thoughtful, fair and compliment the services you give them.
4. Hiding your pricing
If you feel like you’re making some of these pricing mistakes then join us on Tuesday, 5th December for our FREE Pricing Webinar where we will teach you the basic principles around pricing your interior decorating consults, sourcing rates and styling rates. We will be tapping into why you might be feeling scared about charging what you’re worth, building the courage to scream your rates from the rooftops and stop discounting your services because you don’t feel like you’re ‘worth it’.
Register now through the link below and if you aren’t able to join us on the day we will send you a recorded version. All you need to do is click the link below and fill out your details so that we can send you everything you need to know.