 Hey, coach. What's up? Welcome back to our channel today? We're gonna be doing five Essentially five different videos and today's video one of how to increase Your pricing this is for you if you're doing private training or small group training And these are five different concepts and again, we're gonna break these into five different videos I want to make sure you watch this series all the way through and I have to start with the most fundamental thing here because a lot of coaches what happens is When they do private training they do per Session and it's very standard. I've seen coaches are doing anything between like $20 a session to $70 a session and if you go look on coach up comm or Craigslist or thumbtack any type of service website out there You see this happen a lot coaches They fall into the trap of just doing everything by the hour and if you are doing it this way I can tell you right now you need to switch it because it's gonna be very hard to Increase your pricing just based on doing things by the hour because if I'm a parent paying you If I see your price, I'm like, okay, cool. It's 50 bucks. I'm gonna pay you $50 every time we see you that's assuming that as a parent I'm expecting well, you're just gonna train my kid and that's how much you cost per hour and Let's say two months later. You're like, hey, it's 80 bucks an hour now and you went from 40 to 80 They're thinking in their head. Well, you know, you're not doing anything different You're just gonna be here using the same hour that you were when you were charging 40 bucks And it's just not gonna make sense in the parents head. Why is it more expensive? So you'll never be able to increase your price if you just do things by the hour And here's where we have to switch and if you've watched any of our YouTube videos if you pay attention to our podcast you know, I always talk about setting up monthly subscriptions and Creating a service not just a per session thing. Okay So this way of thinking here per session Even if you're just starting off you need to not do it this way this way will not work Especially if you want to increase your pricing and here's what we have to do first And this is all we're gonna do today and I want to give you a homework assignment. So I want you to think about a monthly I'm just gonna write sub monthly subscription and I want you to think about three things here number one What is included with your monthly subscription subscription? What are you giving away? What are you offering? Okay, that's the first thing the second is How are parents going to learn about you? How are they gonna figure out that you have this monthly subscription? Okay, the third is What is the price? Okay, so you have what is the offer? How are they gonna hear about you and then what is the price? So what is the investment that parents are making when you figure this out? Then what you and I can do is we can get on a phone call and we can talk about that and we can and I can show you systematically how to increase your price no matter what your prices I've talked to coaches who have done like $500 a month private training and we've gotten their training up to $800 a month I've talked to coaches who are doing things at $20 a session and we've gotten that up to four or $500 a month And it's because we look very deep at what the offer is but your homework is very simple I want you to come up with what's included. How are you gonna market it and what is the investment? Okay, all you have to do very simple Do that homework reach out to me on either Instagram or send me a message below in this video and say hey I'm done with it and I'll send you a link where we can schedule a call where we can talk and I can show You how to increase your pricing from there. That's it for today's video I'll see you next week on part two