
When I was training as a coach I remember this being a very hot topic for new coaches. The opinions where equally spit between yes and no.
For this weeks Ask Bev I am going to share my experience with you.
While the discussions continued among my peers, I decided to conduct a test on my own coaching website to see what impact putting prices on or leaving them off had on my coaching business.
To keep it simple the results were as follows.
When the price was not on my website I had more enquires mainly about price and this gave me the opportunity to book people in for a 15min telephone consultation and I found that 90% of the enquiries book a coaching course (more about coaching courses later).
When I put prices on the website I got less enquiries but people were prepared for the price and of course it’s not a big deal when you mention it because they already know.
As people are different, you can’t put a price on the length of time it will take to get the result they desire, so having an hourly rate is pretty pointless.
Whether the price is £75 or £145 per hour, does not give an indication of the total cost it could be £75×10 = £750 or £100 x 3 sessions = £300.
After testing different approaches, the option that I found most successful was to leave price off but talk about packages and courses, for example:
You can say: Courses vary from a one-off session to a four to eight week total support package. Please email to book a no obligation free telephone consultation to explore how coaching could work for you.
Finally I think it is fair to say that there is no right or wrong answer to whether you should put prices on your website, if you are uncomfortable discussing price, then putting it on will negate the need to bring it up.
Testing and measuring is always the best option as there may be regional preferences regarding pricing or factors relating to your coaching niche that also need to be considered when looking at this subject.
I look forward to hearing you views and results on this subject,
I wish you we’ll,
Bev
