Good afternoooon Fastlane!!!
Since 99.98% of the fastlane team doesn't really know about my fastlane journey. I have created and developed an addiction recovery program that will be used in government agencies such as probation and parole. Along with my program books, I include an 8-hour live workshop (COVID may change this to virtual) that I call the Instructor Development course (Train the Trainer). This course is based on providing additional value to my program. I do this by education/re-educating professionals on how to deliver educational content in the classroom that enhances engagement for addiction recovery participants. For example, I illustrate presentation vs facilitation or overcoming participant issues and objections in a classroom setting along with so much more.. Anyways, I am in the process of pricing my program. The current cost of my large program (Serves 80 participants) is around $6,000 for a 2 year licensing contract which may include additional incentives.
As I have been working with a business coach from a local university, he has been pushing me to jump those numbers up for my time being spent not only on developing the program but the time I will take when I launch to meet with clients, phone calls, meetings, travel etc.. He stated that if I priced my large program around $10,000 then I have room between 6k and 10k to land the sale IF negotiations are necessary.. We both believe that the value I can bring not only to the staff at the facilities but to the participants, and communities, I may not need to negotiate very much..
What are you thoughts?
How can I learn how to properly price my program?
Thank you in advance
@MJ DeMarco any thoughts?
Since 99.98% of the fastlane team doesn't really know about my fastlane journey. I have created and developed an addiction recovery program that will be used in government agencies such as probation and parole. Along with my program books, I include an 8-hour live workshop (COVID may change this to virtual) that I call the Instructor Development course (Train the Trainer). This course is based on providing additional value to my program. I do this by education/re-educating professionals on how to deliver educational content in the classroom that enhances engagement for addiction recovery participants. For example, I illustrate presentation vs facilitation or overcoming participant issues and objections in a classroom setting along with so much more.. Anyways, I am in the process of pricing my program. The current cost of my large program (Serves 80 participants) is around $6,000 for a 2 year licensing contract which may include additional incentives.
As I have been working with a business coach from a local university, he has been pushing me to jump those numbers up for my time being spent not only on developing the program but the time I will take when I launch to meet with clients, phone calls, meetings, travel etc.. He stated that if I priced my large program around $10,000 then I have room between 6k and 10k to land the sale IF negotiations are necessary.. We both believe that the value I can bring not only to the staff at the facilities but to the participants, and communities, I may not need to negotiate very much..
What are you thoughts?
How can I learn how to properly price my program?
Thank you in advance
@MJ DeMarco any thoughts?
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