Can You Do it for $20?
A prospective client asked me that yesterday. I said no… Our price is $25.
Sometimes I say yes. This time I didn’t.
He then said, “Some other companies say they can do maintenance and hosting for $20.”
I replied, “They cannot do for $20 what we do for $25, and we cannot do this for $20.”
Sometimes I come down in price – we sometimes have a little wiggle room, we sometimes are able to negotiate with a client to reduce services that they do not need as much, or we sometimes can see that a particular job will be worth doing and will pay us back if we come down on one price.
But this time I could not. This particular service is already stretched to be able to offer it at $25 per month. And it offers a ton of value. To come down would mean running into problems as we overstretched ourselves.
I have always had the confidence to say no when I knew I could not come down on a price. But this is one of the first times I have been able to boldly say that the value made it worth it – and it honestly does make it worth it. That felt good. I recommend trying it!
If you have thought out your prices, and there is wiggle room, there is nothing wrong with negotiating. If there isn’t though, sometimes you just can’t do it. When you can’t, it is easier to be bold when you know your prices are worth the value.
If you are destitute and have more time than money, you have nothing to lose by coming down even when you know it is worth more (and sometimes we do so for reasons of kindness – when we choose to help someone out). But if you are in a position where doing so will cost you over time, it isn’t wise to do so, especially in situations where the client can probably afford it if they understand the value.