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For Experts: Pricing Your Services

Strategic guidance for setting competitive rates, considering transaction fees, creating pricing packages, offering introductory rates, and maximizing your earning potential.

Nexook Support Team avatar
Written by Nexook Support Team
Updated over 2 months ago

Understanding Pricing on Nexook

Setting the right price for your services is crucial for attracting clients while ensuring your expertise is properly valued. This guide will help you develop a pricing strategy that works for both you and your potential clients.

Factors to Consider When Setting Rates

Your Expertise and Credentials

Consider your:

  • Years of experience in your field

  • Specialized training or certifications

  • Unique methodologies or approaches

  • Track record of results

Market Research

Research what comparable experts charge:

  • Browse other Nexook experts in your category

  • Check rates for similar services on other platforms

  • Research local market rates for in-person equivalents

  • Consider geographical differences if you serve clients globally

Transaction Fees

Remember that Nexook charges transaction fees on all payments:

  • Premium Plan: 5% transaction fee

  • Basic Plan: 10% transaction fee

Factor these fees into your pricing strategy to ensure your desired take-home rate.

Value-Based Pricing

Consider pricing based on the value you provide:

  • What problems do you solve for clients?

  • What is the financial impact of your expertise?

  • What would clients otherwise pay to solve these problems?

  • How specialized or rare is your expertise?

Setting Up Your Pricing Structure

Accessing Pricing Settings

  1. Log in to your Nexook expert account

  2. Go to "Profile" > "Call Duration & Set your Rate"

  3. Select the length of your sessions and assign your rate for this session duration

  4. Click "Save Settings"

  5. Repeate the process to add new combinations of call durations and their rates

Communicating Your Value

Regardless of your chosen rates, clearly communicate your value:

  • In your profile, highlight specific outcomes clients can expect

  • Use metrics and results where possible

  • Include testimonials that speak to your value

  • Explain your unique approach or methodology

  • Detail any additional resources or support provided outside of sessions

Adjusting Your Rates

When to Consider Raising Rates

  • After collecting several positive reviews

  • When your calendar consistently fills up

  • As you gain additional credentials or experience

  • Annually to account for inflation

  • When you add new service offerings or expand your expertise

How to Implement Rate Changes

  1. Go to "Profile" > ""Call Duration & Set your Rate"

  2. Update your rates for each session type

  3. Consider grandfathering existing clients at their current rate for a period

  4. Communicate changes to ongoing clients with appropriate notice

Pricing Best Practices

  • Be transparent about what's included in your rates

  • Ensure your pricing reflects your expertise level

  • Regularly review and adjust your pricing strategy

  • Consider seasonal promotions for slower periods

  • Remember that underpricing can sometimes undermine perceived value

For assistance with pricing your services, contact our support team at support@nexook.com.

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