E-281 Pool Nation Podcast – You Raised Your Pool Service Prices β Now What? The First 90 Days Explai
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Key Takeaways
Raise prices intentionally, not emotionally, by thoroughly calculating your costs of service, labor, chemicals, and overhead.
Expect a 'fear loop' after a price increase; understand that anxiety doesn't mean a mistake, but rather a transition to a more business-minded identity.
Realize that losing unprofitable clients after a price increase is 'filtering,' not 'losing,' and often improves your business's overall health and efficiency.
Utilize increased margins strategically: first build a cash buffer, then address business inefficiencies, and finally consider upgrades.
Adopt a leadership mindset by routinely reviewing and adjusting prices (e.g., annually) to proactively manage costs and avoid reactive, pain-driven price changes.
Focus on consistency in service; customers value reliability, which can mitigate negative reactions to price adjustments and build credibility.
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