the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University
Education
Planning
Mentors
Funding
Customers
Assistants
Clarity
Categories
Business
Sales & Marketing
Funding
Product & Design
Technology
Skills & Management
Industries
Other
Business
Career Advice
Branding
Financial Consulting
Customer Engagement
Strategy
Sectors
Getting Started
Human Resources
Business Development
Legal
Other
Sales & Marketing
Social Media Marketing
Search Engine Optimization
Public Relations
Branding
Publishing
Inbound Marketing
Email Marketing
Copywriting
Growth Strategy
Search Engine Marketing
Sales & Lead Generation
Advertising
Other
Funding
Crowdfunding
Kickstarter
Venture Capital
Finance
Bootstrapping
Nonprofit
Other
Product & Design
Identity
User Experience
Lean Startup
Product Management
Metrics & Analytics
Other
Technology
WordPress
Software Development
Mobile
Ruby
CRM
Innovation
Cloud
Other
Skills & Management
Productivity
Entrepreneurship
Public Speaking
Leadership
Coaching
Other
Industries
SaaS
E-commerce
Education
Real Estate
Restaurant & Retail
Marketplaces
Nonprofit
Other
Dashboard
Browse Search
Answers
Calls
Inbox
Sign Up Log In

Loading...

Share Answer

Menu
Business Development: Use fixed pricing or encourage people to talk?
DC
DC
David C Barnett, I help you buy, sell, plan, value a business answered:

The danger in having a conversation with each client is that you can expend a great deal of time and effort with someone who cannot become your client because of their resources. They may also be very cognizant of this time investment and their time is valuable as well.

A great way to set expectations about price in the world of custom work, so that you only have conversations with qualified prospects, is to have a priced portfolio.

People can see examples of different styles of work, ie show them a basic flat animation that runs for 5 minutes.. what did you charge that client? Then show the more complex production and the price for this. Prospects can then see and appreciate the different levels of investment required based on the quality of the product. This can help unqualified prospects de-select themselves and save you time.

I recently did research for a client planning an entertainment business. I was frustrated by suppliers not wanting to create any pricing expectations. I kept hearing, 'we can't share a price until we have plans and drawings.' I had no data to work with for planning and budgeting.

One new supplier I asked, 'how much do these cost?' said simply, 'They start at $140,000 and can go to $165,000 with extra bells and whistles.. that includes on-site installation anywhere in North America.'

This is the company that was chosen because they helped set expectations from the beginning and reduced the initial time investment for me as a purchaser.

Hope this helps.

Talk to David Upvote • Share
•••
Share Report

Answer URL

Share Question

  • Share on Twitter
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Share by email
About
  • How it Works
  • Success Stories
Experts
  • Become an Expert
  • Find an Expert
Answers
  • Ask a Question
  • Recent Answers
Support
  • Help
  • Terms of Service
Follow

the startups.com platform

Startups Education
Startup Planning
Access Mentors
Secure Funding
Reach Customers
Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.