Let’s talk money math.
I bet you’ve got your sights set on hitting $1 million…
Or maybe even $5 million in revenue this year.
That sounds awesome and all…
But the question is:
How do you make it happen?
Here are four of the many ways to go about it:
Option 1: Land one big client paying $83,000 per month
Option 2: Land eight to nine clients paying $10,000 each monthly
Option 3: Land 83 clients paying $1,000 a month
Option 4: Land 166 clients paying $500 monthly
The kicker?
It’s all up to you!
You can chase as many clients as you want…
Or, you can offer premium services at $3,000 to $10,000 per month.
This way, you need only snag a few clients, but would still be raking in serious cash.
If you ask me…
It’s just as much work to land a $100 deal as it is a $5,000 one.
So, while it can be tempting to lowball your prices…
Charging what you’re worth makes business so much simpler.
And here’s another nugget of wisdom:
Across any niche, there’s a sweet spot for management fees.
I’m talking about a range that goes from $1,000 to $10,000 a month.
Start there and adjust based on your expertise and the value you deliver.
Remember:
The more you lowball your fees, the more leads you need to be chasing every
month.
And who wants that?
Now, let’s break it down even further.
Let’s say you bag just five clients a month averaging $1,350 each
…Which is totally doable for a niche digital marketing wizard like yourself.
That could mean adding a cool $1 million to your agency’s coffers over the next year.
How’s that for a game plan?
By crunching the numbers and pricing smart…
You’re setting yourself up for some serious growth and success in 2024.
Cheers to reaching those revenue goals!
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