Stressed about how to price your signature offer for maximum profit as the economy shifts again in 2025? You’ve come to the right place!
Imagine this: You’re shopping for a diamond ring to celebrate your 90th birthday; a moment to honor how rare, special, and valuable your life has been.
Leaves crunch beneath your feet as you cross the threshold of a boutique jewelry store you’ve passed a million times, always saving this moment for today. As you approach the glass case displaying diamond rings, a glimmer of red catches your eye.
Curiosity tugs at you, but before you can move closer, the jeweler intercepts you with a warm smile. After you explain your mission to find a rare and unique diamond ring, he eagerly presents a selection of options for your approval.
None of them feel quite right. He keeps insisting on one in particular – a complex setting crammed with stones of varying colors and qualities. As he describes its intricate features, your thoughts drift back to the red glimmer from earlier.
Finally, unable to ignore the pull, you ask about the red stones. The jeweler’s face lights up as he retrieves the collection, explaining that these are red diamonds; the rarest in the world.
Your heart soars and crashes at once. The stones are breathtaking, but their price feels impossibly out of reach.
After much deliberation and negotiation, you’re left with two choices:
One is a bold red diamond solitaire—simple, stunning, and unforgettable. The other is the ornate ring, heavy with mismatched stones, that the jeweler raved about earlier.
Here’s the thing: Pricing your signature offer works just like choosing a diamond ring. The more “extras” you pile on, the less premium it feels. True value comes from rarity, intentionality, and the perception of being one-of-a-kind.
So, how do you create that bold red diamond of a signature offer—one that’s simple, stunning, and irresistible—while pricing it in a way that leaves your clients eager to say yes and ensures you profit every time? Let’s break it down step by step.
The Two Biggest Pricing Mistakes You’re Probably Making (and How to Avoid Them)
Pricing your offers shouldn’t feel like trying to disarm a bomb, but let’s be real—it often does. One wrong move, and boom! Your confidence is shattered, your clients are confused, and you’re left wondering if you’ll ever get it “just right.”
The good news? You’re not alone.
The better news? These mistakes are so fixable.
Let’s examine the two most common pricing pitfalls and how you can avoid them:
1. Pricing Without Positioning
Imagine walking into a party, grabbing a mic, and saying, “Hi, I’m Sarah, and I’m here to make money. Please form a line if you’d like to contribute to my bank account.”
Cringe, right? Everyone would quietly shuffle away to refill their drinks or scroll Instagram. That’s exactly what happens when you price your offers without understanding their purpose in your overall strategy—it comes across as random, self-serving, and confusing.
Pricing isn’t about slapping on a dollar amount and hoping it sells. It’s about positioning each offer in your business to meet a specific goal.
Let’s break it down:
- Some offers are designed to grow your audience—think list-building freebies or self-liquidating offers that bring in new buyers.
- Others help refine your audience—filtering out tire-kickers and nurturing your dream clients.
- And then there are your big-ticket offers, the showstoppers that are meant to generate significant profit while delivering incredible transformation.
The mistake? Treating every offer like it’s meant to carry your business on its back. If you price your $37 digital product the same way you’d price a $5,000 VIP day, it won’t make sense to your audience or your bank account.
Instead, ask yourself:
- What role does this offer play in your overall business strategy?
- Is it meant to attract new clients, or is it a premium experience designed to deepen relationships with existing ones?
2. Pricing Services Without Accounting for Collaboration
Here’s a common mistake I’ve seen (and made): pricing your services based on how long you think the project will take—without factoring in the collaborative process.
Let me explain.
When I started pricing my services, I’d base my numbers on how long it took me to complete a sample project from start to finish. For example, if I could design a digital planner in an hour, I’d price it accordingly. Simple, right?
But what I didn’t factor in was the collaborative element of working with clients. My clients don’t just hire me to create something in a vacuum—they hire me to bring their vision to life. That means creating space for real-time feedback, incorporating their ideas, and making adjustments to ensure the final product reflects their goals and preferences.
Pricing must reflect the entire experience—from the initial concept to the polished final product that clients are excited to share with the world.
Instead of pricing your services based solely on the time it takes to create something, ask yourself:
- What’s the value of the transformation you’re delivering?
- How much time will you spend on meaningful collaboration, feedback, and adjustments?
When you price with the full process in mind, you set realistic expectations for yourself and your clients. You’re not just delivering a product—you’re delivering a collaborative, customized experience that’s worth every penny.
When you align your pricing with the role your offer plays, it feels purposeful, clear, and irresistible. Your clients will know exactly what they’re getting, and you’ll feel confident that every offer in your suite is working for your business—not against it.
Understanding Your Value Proposition & The Value of the Problem
If you’ve been following this series, you already know how to identify a profitable problem by targeting urgent and important gaps in the marketplace. But solving a valuable problem is only half the battle—you also need to articulate why your solution is worth the investment.
Step 1: Define Your Signature Offer Value Proposition
Your value proposition is the foundation of your pricing strategy. It explains what makes your offer unique and why it’s worth paying for.
How to Define It:
- Clearly outline the key transformation your offer provides.
- Highlight tangible benefits (e.g., increased income, weight loss, time savings) and intangible benefits (e.g., confidence, peace of mind, sense of belonging).
- Use client testimonials and case studies to validate your value.
Example: A fitness coach’s value proposition might go beyond weight loss to include personalized nutrition plans, one-on-one support, and access to a community that fosters lasting change. The transformation isn’t just physical—it’s a lifestyle shift.
Step 2: Research Market Rates
Understanding market rates helps you position your pricing competitively without undervaluing your expertise.
How to Research:
- Analyze competitor pricing for similar offers.
- Use tools like Google, Pinterest, or YouTube to explore keywords and industry trends.
- Utilize market research platforms to benchmark industry standards.
Example: A career coach specializing in helping mid-level professionals transition to executive roles can research other coaches’ pricing to ensure their rates reflect market demand and the premium nature of their service.
Step 3: Consider Your Target Audience
Your pricing should align with your audience’s financial capacity and perceived value. Selling based on desperation (like hiking prices on essential items) can damage your brand.
How to Understand Your Audience:
- Conduct surveys or interviews to understand their budget and expectations.
- Analyze demographics and spending habits to gauge willingness to invest.
- Consider flexible payment plans or tiered pricing to accommodate different budgets.
Example: If your audience consists of young professionals just starting out, you might offer a payment plan or an entry-level option to make your services accessible while still maintaining profitability.
Step 4: Calculate Your Signature Offer Costs
Pricing without understanding your costs is a fast track to burnout. You need to ensure you’re not just covering expenses but making a profit.
How to Calculate Costs:
- List all fixed and variable costs (e.g., software, marketing, materials, time).
- Include the cost of collaboration time, such as client feedback and revisions.
- Build in at least 15% wiggle room for unforeseen expenses—if you don’t use it, save it.
Example: A health coach offering a 12-week program might calculate costs for client tracking software, marketing materials, and their time to determine a profitable rate.
Step 5: Choose a Pricing Strategy
Different pricing strategies suit different types of offers. Choose one that aligns with your goals.
Options:
- Cost-Plus Pricing: Add a profit margin to your costs.
- Value-Based Pricing: Base your price on the perceived value to the client.
- Competitive Pricing: Set your price in line with industry standards.
- Tiered Pricing: Offer multiple levels of service at different price points.
Example: A leadership coach might use value-based pricing to reflect the premium nature of their service, which includes exclusive guest speakers and personalized coaching.
Step 6: Test Your Pricing Strategy
Before fully launching, test your pricing to gather feedback and refine.
How to Test:
- Run A/B tests with different price points.
- Launch a pilot program or offer early-bird pricing to a small group.
- Use the feedback to adjust your pricing and positioning.
Example: Test your program at two price points with small segments of your audience to determine which generates better conversions.
Step 7: Communicate Your Price Effectively
How you present your price can make or break a sale. Focus on clarity and perceived value when it comes time to write sales copy.
How to Present It:
- Clearly explain what’s included and emphasize benefits.
- Highlight the ROI (e.g., time saved, income increased, quality of life improved).
- Offer payment plans or financing to make it accessible.
Example: A sales coach might show how investing in their program could lead to a significant increase in revenue, making the cost an obvious return on investment.
Step 8: Tweak Your Signature Offer Regularly
Pricing isn’t static. Revisit your rates as your reputation grows, your audience evolves, and market conditions change.
How to Adjust:
- Collect feedback from clients about perceived value.
- Stay updated on competitor pricing and industry trends.
- Make adjustments to reflect your expertise and demand.
Example: A wealth coach might raise their rates as demand increases, signaling the premium value of their services.
Pricing your signature offer for maximum profit and client satisfaction is a delicate balance, but with the right strategies, you can find the sweet spot. Remember to continuously evaluate and adjust your pricing to ensure it aligns with the value you provide and the market demand.
I am a digital product designer and content marketing strategist who helps service providers convert their existing content and services into unforgettable digital products that allow them to scale without taking more clients. When I’m not writing or designing for clients, you’ll find me marathon training in a national park, painting, trying a new restaurant with my husband or playing with our mini-aussiedoodle Fitz.