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How to use discounts to charge more

Lesson 70 from: Sales Mastery Bootcamp for Freelancers: Sell More Services

Scott Lancaster

How to use discounts to charge more

Lesson 70 from: Sales Mastery Bootcamp for Freelancers: Sell More Services

Scott Lancaster

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Lesson Info

70. How to use discounts to charge more

<b>Discover how to strategically use discounts to enhance perceived value rather than undermine it.</b>

Lessons

Class Trailer
1

Getting over the fear of rejection

04:23
2

Why you should leave a Zoom call after 3 minutes

04:24
3

How to never chase clients ever again

04:13
4

How not to feel nervous on sales calls

05:23
5

How to not take it personal

05:46
6

Slow & Steady vs Fast & Many

06:11
7

The importance of being accountable

04:12
8

The importance of being invested and excited

04:56
9

Understanding the difference between features VS benefits

04:48
10

Assignment - Mindset & Motivation segment

02:39
11

Helpful Doctor Approach

03:58
12

Breathing method for better sales calls

02:40
13

Managing your clients’ expectations

07:41
14

How to smartly discover your clients’ budget

05:29
15

How to come across as more confident

09:18
16

How to improve your pacing

04:19
17

How to structure a sales call

09:28
18

Ghost Opening Method

04:18
19

High converting sales funnel

09:17
20

Shock Method

04:41
21

The Halo Effect

03:04
22

Organizing portfolio to win more clients

03:23
23

Build trust using science

02:42
24

Showing calendar during call

03:57
25

Building unbreakable rapport

04:33
26

Sharing relevant stories

02:44
27

Using numbers to make prices make sense

03:21
28

Using urgency and scarcity

04:38
29

The parrot and captain technique

03:31
30

Using FOMO

02:51
31

The power of mirroring

04:38
32

Always put your clients’ needs first

03:34
33

Assignment for sales techniques

01:53
34

The one who cares least wins

03:27
35

How to price your services

06:38
36

Handling clients who are bullying you

04:11
37

Connecting with clients’ dreams

04:07
38

How to use trial closes and assumptive selling

03:17
39

How to overcome challenging objections

08:20
40

When to mention pricing

03:59
41

Assignment for negotiation techniques

01:22
42

How to get video testimonials for your website

03:53
43

Setting up automated Calendly meetings

02:35
44

How to strategically improve your website using Hotjar

02:23
45

How to get more clients

05:02
46

How to get clients to pay more

04:34
47

Do you need to be liked as a salesperson?

02:56
48

3 reasons why freelancers lose sales

05:27
49

What makes a good vs bad salesperson

02:44
50

How many options should you give clients?

01:32
51

How to know when a client just wants a discount

02:40
52

How to know when a client is interested in your service

02:00
53

When a client doesn't reply

03:28
54

How to practice your sales techniques

03:04
55

How to ask high-quality questions

02:48
56

Which social media platform is best for getting clients

03:54
57

Which social proof is best for winning new clients

03:27
58

How I sold a 10k website with one single email

02:58
59

How to manage prospects and follow-ups

04:14
60

What to do when you screw up on a project

02:38
61

How to handle a client who wants a refund

04:10
62

When a client wants lots of revisions

03:32
63

How to spot a nightmare client

02:17
64

How long should you small talk?

01:07
65

Should you spend time creating proposals?

01:35
66

How to get a sale without being too pushy

01:22
67

What to do when a client says you are too expensive

03:46
68

Assignment - common questions

01:32
69

Realizing who your most valuable customer is

03:32
70

How to use discounts to charge more

01:53
71

Price anchoring technique

02:43
72

Creating product flow and product expansion

02:34
73

How to win client loyalty for the long term

01:09
74

Last assignment project

04:14

Lesson Info

How to use discounts to charge more

Ok. So this lesson does not have to be very long. Let me just put it like this. If you saw a $200 T shirt discounted to $100 or if you saw a $100 T shirt and they were pretty much identical. Which one would you buy? The $200 T shirt that's discounted to $ if they were identical. Now, let me put it into context. If a client sees that you're giving them $300 discount or $400 discount or, you know, even, you know, depending on how much your actual product is a 50 per cent discount, a 20 per cent discount, whatever, because they think that you're giving them a favor or something special for them. Then ultimately, they're going to be more happy with the purchase. Now, this has been proven with countless studies all the time. If you give someone a good deal that they perceive as a good deal, even though it isn't, they will feel happier about the purchase. For example, you've all seen the Black Friday price tag thing where basically people going into supermarkets take the Black Friday price o...

ff. And the price behind is literally the exact same as the Black Friday price tag. The reason that this is really effective is people think they're getting a good deal and they perceive it as a good deal even though it isn't, even though it's just the same as before. And this can be super, super powerful. So you can use this at any point in your business, you can use this from the very beginning all the way until the end. And I sometimes still do it. Now, if you know there's a particular client that I really want to work with a client that I want to get in our portfolio a little bit later on. It's really, really important to remember that it's not the actual value in your mind that matters. It's the perceived value in the client's mind. So if you know, if you can offer like a $200 discount, but the price was already inflated by $200. Anyway, the client's happier you get paid what you're worth and everyone's happy need. I say it any more. I'll see you in the next lesson.

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