Sometimes you’re just an unqualified therapist who knows Excel – the emotional side of selling

The Human Element in Sales: Pricing with Empathy

In the world of sales, understanding the emotional landscape of your clients can make all the difference in the services you provide. A few months ago, I had a particularly illuminating sales call that reinforced this principle. A well-known restaurant owner, whom I had partnered with in the past, reached out to me in a state of distress. She was grappling with declining sales, disorganized financial records, and the daunting possibility of selling her business—all while trying to secure a line of credit with messy books.

During our conversation, I adopted a listening-first approach—sometimes, being a reliable sounding board is just as vital as technical expertise. In many ways, I felt like an untrained therapist with a knack for spreadsheets.

For her, cleaning up the financial records wasn’t merely a procedural necessity; it was an emotional imperative. The stakes were incredibly high—this situation would dictate whether she could continue her business or move on to a new venture. Small business ownership is intensely personal, and I often find myself forgetting the human element amidst the analytical processes of scoping work and determining pricing.

Assessing her chaotic financial state, I realized that this wouldn’t be a straightforward fix. With personal expenses blending into business records and an urgent timeline, I was concerned about how to communicate the cost without causing sticker shock. As a repeat client and a serial entrepreneur, I genuinely appreciated her business, but I also recognized my need to maintain a sustainable pricing approach without devaluing my services.

To benchmark my proposal, I relied on a straightforward pricing worksheet that I keep handy. After careful consideration, I decided on a fee of $4,200. Given her situation, I anticipated some negotiation; however, to my surprise, she agreed immediately and made a deposit. She even expressed that this was the first time in months she felt a sense of relief regarding her company’s troubles.

That moment underlined a crucial lesson I have learned time and again: when clients sense that you genuinely understand their pain points, the price often takes a backseat. They are seeking trust and expertise to alleviate their challenges—especially when they have the capacity to pay, as is often the case with established entrepreneurs.

Reflecting on my past experiences, I’ve realized that underpricing often leads to complications. It’s tempting to estimate how many hours a task might take, but the real value lies not in time spent but in the solution provided. The goal is to help clients regain control

Tags:

Categories:

No responses yet

Leave a Reply