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Episode 7: Pricing Your Coaching Offer

This week, we’re continuing our Getting Started Series with a topic that I know many of you have questions about: how to price your coaching offer. As part of this conversation, we’re looking at what goes into setting your rates and the three important aspects you need to consider when you are setting your coaching rates.
Coach with Clarity Podcast Lee Chaix McDonough

7: Pricing Your Coaching Offer

Last week, we did a deep dive into creating and conceptualizing your coaching offer. If you missed that episode, I highly encourage you to listen to it before checking this episode out. This week, we're continuing our Getting Started Series with a topic that I know many of you have questions about and that's why I'm thrilled to explore how to price your coaching offer.

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Show Notes

Last week, we did a deep dive into creating and conceptualizing your coaching offer. If you missed that episode, I highly encourage you to listen to it before checking this episode out.

This week, we’re continuing our Getting Started Series with a topic that I know many of you have questions about and that’s why I’m thrilled to explore how to price your coaching offer.

As part of this conversation, we’re looking at what goes into setting your rates and the three important aspects you need to consider when you are setting your prices for your coaching offer.

Topics covered

  • Should you utilize a package pricing approach or a pay-as-you-go approach for your coaching offer?
  • The story behind why I personally prefer a package pricing approach
  • Should you offer an installment or payment plan for your coaching offer?
  • How I determine if I’m going to offer a payment plan for my private coaching services
  • Why the idea of “charging what you’re worth” drives me bonkers
  • How the value of the results your client will receive factors into your rates
  • The importance of understanding how much revenue you need in order to sustain your business and your lifestyle
  • Why you should be mindful of what other coaches in your niche are charging without letting that dictate your rates

Resources mentioned

Now it’s time for you to show the world what it means to be a Coach with Clarity! Screenshot this episode and tag me on Instagram @coachwithclarity and let me know what you’re more excited to explore in future podcast episodes!

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TRANSCRIPT

Well hello again, my friend. I'm so happy that you're joining me for another episode of the Coach with Clarity podcast. My name is Lee Chaix McDonough, and we are continuing the Getting Started series with a topic that I know many of you have questions about, and so I am thrilled to dive deep into how to price your coaching offer. 

So today, we are going to be looking at what goes into setting your rates and what you need to consider when you are setting your prices for your coaching offer. Now in last week's episode, we did a deep dive into creating and conceptualizing your coaching offer. So if you missed that episode, you may want to go back one, take a listen, and then come back and start this episode right from the top, because now we are going into how to price that offer that we created together last week. 

Click to read the entire transcript

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