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3 Tips for Responding to the Inevitable ‘Your Price Is Too High’ Rejection

Success

You dread these responses to your pitch in all of their varied forms. Your price is too high,” the prospect says. Or perhaps they tell you, “Your competitor has a much lower price.” It’s not really about price. So how do you handle price objections? First things first: Don’t panic and immediately reduce your price.

Expenses 233
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Is America "The World's First Poor Rich Country"?

Small Business Labs

First, the basics of life exploded in price, to the point that they are now unaffordable for many, maybe most, households. He sums up his analysis by saying the U.S. Key quote: The meritocratic class has mastered the old trick of consolidating wealth and passing privilege along at the expense of other people’s children.

2016 145
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The Side Hustler’s Handbook

Success

But what is the price of that freedom? One more thing to keep in mind: Many companies offer continuing education benefits in the form of funds to allocate toward classes, conventions and workshops. If you’re trying to build a brand, offer a price that feels reasonable, such as a special launch price.

Equipment 279
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Don't charge by the hour! | THE SMALL BUSINESS BLOG

The Small Business Blog

By charging by the hour you are creating so many barriers to doing business that your chances of securing the order is very small, if you are competing with someone who offers fixed pricing you have virtually no chance of getting the order. And they do work on fixed price basis in most instances.

2008 100
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Dave Cairns SVP of CBRE |Unlocking Urban Potential: Repurposing Office Spaces for Sustainable Development

Allwork

So I think that that’s a really compelling analysis, just realizing that the shift that occurred so quickly because of the pandemic which I think was probably a shift that was already underway and that would have naturally occurred over time but it’s really just been compressed dramatically. So companies can create cultures.

AT&T 147
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Six Ways to Get More Juice from Your Freelancer | Men With Pens

Men With Pens

By taking the time to write down exactly what you want to accomplish, you’re much more likely to get a good product and avoid expensive rework because of miscommunications. 3) Pay their price. If their price is beyond your budget, that’s okay – just tell them, then go look for someone in your price range.

2010 40
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Reimagining the Workplace with Phil Simon: Hybrid Models and Beyond

Allwork

It’s always been with us in some form or another, just about. People are horrified today at housing prices. Logistically, it can be difficult, if not impossible, certainly expensive and time consuming to turn a commercial building into a residential one. And I’ve been through half a dozen cycles, ups and downs.

AT&T 246