You're facing client demands for discounts. How do you protect your cash flow margins?
When clients push for discounts, protecting your cash flow margins is crucial. To keep your financial health intact, consider these tactics:
- Assess the client's lifetime value before agreeing to any reductions. - Offer non-monetary perks instead of a price cut, like faster service or bundled offerings. - Stand firm on your value proposition and articulate the benefits of your full-priced services.
How do you maintain profitability when clients ask for discounts?
You're facing client demands for discounts. How do you protect your cash flow margins?
When clients push for discounts, protecting your cash flow margins is crucial. To keep your financial health intact, consider these tactics:
- Assess the client's lifetime value before agreeing to any reductions. - Offer non-monetary perks instead of a price cut, like faster service or bundled offerings. - Stand firm on your value proposition and articulate the benefits of your full-priced services.
How do you maintain profitability when clients ask for discounts?
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