If you research the going rate in your area, you’ll see that there’s an average price that design professionals charge for basic services. You’ll also find, however, that there are some professionals with more experience and a wider array of services who charge a little more.
Many design professionals worry about making a smooth transition into higher prices so that their clients aren’t discouraged from booking them. Raising your prices as your experience increases shouldn’t be a reason to lose clientele!
How can you tell when you’re ready to increase?
You might consider raising your prices if:- You’ve recently mastered a new skill or obtained an additional certification.
- You’ve gained a few years of experience and the going rate in your area has risen, but your prices are the same as when you first started working.
- You’ve worked several prestigious contracts and your client base has expanded significantly.
- You’re so busy you’re having to turn clients away, yet you’re turning a very small profit (or none at all!).
- Do they have more years of experience?
- Did they recently graduate another training program?
1. Creating service packages
Consider creating pricing packages for clients who want more than one service at once. You’ll be able to charge more because more services are being rendered, and the clients will be willing to pay more because they’re getting more for their money. Some popular interior décor packages are:- Complete décor makeovers for multiple rooms.
- Décor services and consultation on how the space might be transformed again in the future (ex. making over a room as a children’s bedroom, but providing parents with a comprehensive plan on ways to transition the reading nook into a study area come high school).
- Décor services and contracting preferred vendors (ex. designing the atmosphere and style of the space, but also helping clients with the process of choosing and hiring contractors for more extensive renovations).