RainToday.com created a special report from 12 experts in pricing professional services, including, I am honoured to say, yours truly. You can download my article:
"Think of Services in Terms of Value – Not Rates" by Gerry Riskin (author: The Successful Lawyer)
or download the entire 39 page report including all 12 articles by visiting RainToday.com here.
Here is what RainToday.com has to say about its publication:
We’ve read a lot of advice about fee structure, and there are a lot of people who claim to know it all. But when you boil it all down — what’s really important? What do you need to know? What is the one piece of advice you need to get the fees you deserve?
The expert authors and advice includes:
1. Convince the Buyer that Value-Based Fees are Best by Alan Weiss, Author, “Million Dollar Consulting”
2. Price with Confidence! Follow These 10 Steps to Stop Leaving Money on the Table
– Mark Burton, Co-Founder and Vice President of Holden Advisors and Co-Author, “Pricing With Confidence: 10 Ways to Stop Leaving Money on the Table”
3. A Magic Bullet? No, a Process
– Bruce W. Marcus, Marketing and Strategic Planning Consultant and Editor, The Marcus Letter on Professional Services Marketing
4. The Best Kept Secret of the Selling World
– Jeff Thull, President and CEO, Prime Resource Group and Author, “Mastering the Complex Sale, The Prime Solution”
5, If You Don’t Discuss Value, Expect to Discuss Hours
– Ronald J. Baker, Founder, VeraSage Institute and Author, “The Firm of the Future: A Guide for Accountants, Lawyers, and Other Professional Services”
6. Take Courage: Demand Full Price (And seven steps to get you there)
– John Doehring, Senior Vice President, ZweigWhite
7. Creating Value During the Sales Process
– Tom Snyder, Former CEO, Huthwaite
8. Build the Relationship One Day at a Time
– Ron Worth, CEO, Society for Marketing Professional Services and Author, “A/E/C Marketing Fundamentals”
9. Think of Services in Terms of Value – Not Rates
– Gerry Riskin, Co-Founder, Edge International
10. Discounting Doesn’t Work
– Jeanne Urich, Managing Director, Service Performance Insight
11. Over-Serve Your Best Clients
– Neil Fauerbach, Partner and Director of Business Development and Marketing, Smith & Gesteland, LLP and President, Association for Accounting Marketing
12. Maximize the Value of Work to Your Clients and Your Firm
– Andrew Sobel, Founder, Andrew Sobel Advisors and Author, “Clients for Life” and “Making Rain”