Discounts may seem like a good idea at the time but it can negatively impact you in the long run if you’re constantly doing it. Before you give another discount in your creative business, read A’darah’s quick exercise from this golden thread. A’darah creates premium, on-brand experiences for rising CEOs and always in the process of creating the life that she deserves.
“The most common way people give up their power is by thinking they don’t have any.” – Alice Walker
You’re getting ready to give a discount to a person who is about to profit immediately.
Their problem isn’t yours.
However, let’s say you want to cut someone a break because you know their situation…
SPLIT THE PAYMENT. Don’t discount the service.
1st payment due upon project or invoice date.
2nd payment should be due mid project or right before the project is to be completed or submitted to the client.
Also, get as much upfront as possible. Whatever the discount is, make it the balance, not the deposit.
Also, get as much upfront as possible. Whatever the discount is, make it the balance, not the deposit. – A’darah Adams on offering discounts in your creative business via @blkcreatives Share on X
EXAMPLE
Project total: $600
Discount: $150
Due Now: $450
Due soon: $150
Don’t let working for people mean you have to keep working with them.
It’s your profession versus their preferences UNLESS they are paying top dollar for a customized service.
Shout out to all my clients I’ve helped with pricing these last couple of months.
YOU WILL DESIGN & LIVE THE LIFE YOU DESERVE.
About The Author: Hello, I’m A’darah, believer, wife, mama & fire-starter. I leverage digital to help womenpreneurs design the life they deserve. Find me at @iamadarah