How to Actually Fix Your Pricing (Without Guessing)

Most people try to fix pricing by picking a number.

That’s the wrong approach.

Before you change anything, you need to answer three questions:

  1. Is your own pricing consistent?

  2. Do you understand your market?

  3. Are you underpriced, under-skilled, or under-positioned?

This guide will walk you through all three.

Step 1: Is Your Pricing Actually Consistent?

Before you look outward, look inward.

A lot of businesses think they have a pricing problem—but what they really have is inconsistency.

Ask yourself:

  • Do you price the same type of job the same way every time?

  • Do similar designs have similar pricing?

  • Could you explain your pricing clearly to a client?

  • Or does it change depending on the inquiry, mood, or timeline?

What inconsistency looks like:

  • “Starting at” pricing with no clarity

  • Different quotes for similar installs

  • Making it up every time

  • Discounting to close deals

Why this matters:

When your pricing isn’t consistent, clients feel it.

It creates hesitation, comparison shopping, and slower decisions.

Your goal:

Create standards you can repeat.

Not rigid—but reliable.

Remember this:
Consistency builds trust.
Trust supports pricing.

Step 2: Run a Real Pricing Audit in Your Area

Now it’s time to go outside your business.

This is where most people either:

  • Avoid doing the work

  • Or only look at surface-level pricing

Instead, you’re going to run a full recon mission.

Step-by-Step: How to Audit Your Market

1. Identify 5–10 local competitors

Look for businesses that:

  • Serve similar clients

  • Offer similar types of installs

  • Are active and visible

2. Evaluate more than just price

For each one, look at:

Skill level

  • Clean installs?

  • Design complexity?

  • Attention to detail?

Perceived value

  • Do their photos look professional?

  • Is their branding strong?

  • Do they feel “premium” or “budget”?

Pricing

  • Do they show pricing?

  • If yes, what’s the range?

  • If not, what can you estimate based on their work?

Customer experience

  • Is it easy to inquire or book?

  • Do they guide the client clearly?

  • Or is it confusing and manual?

3. Look for patterns (this is the key)

You’re not trying to copy anyone.

You’re trying to understand:

  • Who looks busy?

  • Who looks premium?

  • Who makes it easy to book?

  • Who is clearly undercharging?

  • Who is charging more—and why?

Don’t just compare prices.
Compare the entire experience.

Step 3: Use the Pricing Audit Worksheet

To make this easier, we created a simple worksheet you can use to track everything.

👉 Download the Pricing Audit Worksheet

How to use it:

For each competitor, fill in:

  • Skill level (low / medium / high)

  • Perceived value (low / medium / high)

  • Estimated pricing

  • Notes on branding, photos, and booking experience

Then step back and review:

  • Where do most businesses sit?

  • Where are the gaps?

  • Who is charging more—and what are they doing differently?

Step 4: Identify Where You Actually Sit

Pricing Positioning Matrix

Now the honest part.

Based on what you found, ask:

Which quadrant am I really in?

Low Skill / Low Perceived Value

  • You’re still building

  • Pricing feels unclear

  • Clients are price-sensitive

👉 Focus on:

  • Skill development

  • Consistency

  • Getting booked + building proof

Low Skill / High Perceived Value

  • You’re getting bookings

  • But execution needs to catch up

👉 Focus on:

  • Improving delivery quickly

  • Protecting your reputation

High Skill / Low Perceived Value

  • Your work is strong

  • But clients don’t see the value

👉 Focus on:

  • Photos, branding, presentation

  • Clear pricing + packages

  • A better client experience

High Skill / High Perceived Value (Goal)

  • You’re trusted and in demand

  • Pricing feels aligned

👉 Focus on:

  • Raising strategically

  • Protecting your time

  • Scaling your process

Step 5: Decide What Actually Needs to Change

This is where most people go wrong.

They jump to:
“I need to raise my prices.”

But based on this audit, your real next move might be:

  • Improve your skills

  • Fix your pricing structure

  • Upgrade your photos

  • Make booking easier

  • Show your work more clearly

  • Or increase visibility

Final Thought

Pricing isn’t something you “set once.”

It’s something you grow into.

And the fastest way to grow into better pricing is:

  • clarity

  • consistency

  • and understanding your position in the market

If you do this exercise honestly, you’ll know exactly what to fix next.

No guessing required.

Alexis Reardon

The first-ever ServiceCommerce Platform.

Purpose-Built for the Special Events Industry + their Customers to Efficiently Accelerate the Booking Process.

https://fanfaire.io
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