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Choose the Limo, Justifying your Prices
Manage episode 408846418 series 3556650
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Summary Lap and Jason discuss the challenges of justifying high prices in the photo booth industry. They share their personal experiences of transitioning from low-priced providers to higher-priced services and the importance of confidence in pricing. They emphasize the need to consider all the costs involved in running a photo booth business and the importance of understanding the value of the services provided. They also discuss the importance of selling on experience, quality, and the emotional value of once-in-a-lifetime events. Takeaways
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- Confidence is key when justifying high prices in the photo booth industry.
- Consider all the costs involved in running a photo booth business to accurately price your services.
- Sell on experience, quality, and the emotional value of once-in-a-lifetime events.
- Be honest with clients and help them understand the value of your services.
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