Today on AME, I'm talking all about money...specifically how it applies to art teachers who run classes or workshops or have a product to sell. I'm revealing my strategies for determining how to set the right price for your product service. After 10 years of running an online business, I've learned a thing or two about what price to charge for products. And although I didn't always get it right, I did learn that business - any business - has 3 main components: 1. Business strategies are the easiest to implement as they are things you can learn: management systems, email list, software, websites, marketing, social media, etc. 2. Personality is what frames your offer. This is the what and who you are. This is the energy and style you bring to whatever you are selling. 3. Limiting beliefs are literally what holds you back. It's the stories you tell yourself that have a DEEP impact on any type of business you run: big or small. Identifying your limiting beliefs will help you answer your money questions. WHAT YOU'LL LEARN: - Why people expect your products to be available for free - The three main facets of running a business - What's a beta project and how it can help you when you are first starting your business - What charging low prices might look like to your potential customers and why premium pricing is beneficial - How to look at competition and build a spark for your customers LISTEN TO THE SHOW LINKS & RESOURCES James Wedmore's Mind Your Business Podcast How to Know When It's Time to Open Your Art Studio: AME 086 Best Practices for Acrylic Paints: AME 091 You can visit Patty through Deep Space Sparkle on Facebook and Instagram Facebook Instagram [email protected]
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