How I got 34% higher price

Mark Wickersham • September 17, 2020

What if you could confidently raise your prices and have clients happily agree— without hesitation?


Many accountants and bookkeepers struggle with pricing. They fear that raising rates will drive clients away or that switching to a value-based model will be too complicated. But what if there was a better way?


In this post, we’ll walk through how Bev Peltzer, Owner of Perfectly Balanced, successfully transitioned from hourly billing to value pricing using Effective Pricing software— and increased her revenue by 42% in the process.


The Pricing Challenge: Why Hourly Billing Holds You Back


Bev, like many bookkeepers, had been charging clients an hourly rate for years. She believed this was the fairest approach, but it came with major challenges:

  • You'll have unpredictable income because revenue fluctuates depending on how many hours you work.
  • You'll have limited earning potential because the only way to make more money is by working more hours.
  • You'll face client hesitation because they often question how long tasks will take and push back on invoices.


She knew she needed a better way to price her services, but she wasn’t sure how to switch to fixed pricing without losing clients.


Making the Switch: From Hourly Billing to Value-Based Pricing


Determined to take control of her pricing, Bev decided to test a value pricing approach with one of her long-time clients. Here’s how she did it:


Step 1: Creating Pricing Packages


Instead of simply raising her hourly rate by 20%, Bev used Effective Pricing software to create three structured pricing packages:


  1. Essential Package – Included the core services her client needed.
  2. Full Package – Matched the services she was already providing.
  3. Premium Package – Included additional reporting features the client had asked for but never received before.


Step 2: Presenting Pricing with Confidence


Bev didn’t just send a number and hope for the best. Instead, she:


  • Created a one-page brochure outlining the three options.
  • Focused on the value of each package instead of just the cost.
  • Used Effective Pricing software to ensure the prices reflected the real worth of her services.


Step 3: Giving the Client Time to Decide


At first, Bev’s client wasn’t sure which package to choose. She was interested in the Premium Package but hesitated at the price difference. Instead of pushing, Bev:


  • Left the pricing options for the client to consider.
  • Scheduled a follow-up meeting in two weeks.
  • Provided a sample of the reporting features included in the Premium Package.

The Results: A Pricing Breakthrough


When Bev met with her client two weeks later, she was ready to discuss pricing. But before Bev could ask which package she preferred, her client said:


“I thought we were going with the Premium!”


Not only did the client gladly agree to the highest-priced package, but she also signed up for the same package for her second company.


Total revenue increase: 42%.


Why It Worked: The Power of Pricing Options


Bev’s success wasn’t a lucky break—it was the result of smart pricing strategies enabled by Effective Pricing software. Here’s why her approach worked:


  • Clients prefer choices because instead of a take-it-or-leave-it price, they feel in control of their decision.
  • Value-based pricing removes price objections because clients focus on benefits, not just cost.
  • Data-driven pricing increases confidence because Effective Pricing helped Bev price her services based on value, not time.


Takeaways: How You Can Do the Same


If you’re still stuck in hourly billing, here’s what you can learn from Bev’s success:


  • Stop trading time for money because your value isn’t measured in hours worked.
  • Offer multiple pricing options because it lets clients choose what works best for them.
  • Use pricing software to remove the guesswork because Effective Pricing makes it easy to create structured, value-driven pricing.


Ready to Price with Confidence? Try Effective Pricing for Free


Bev’s story isn’t unique—accountants and bookkeepers everywhere are making more money and winning better clients with Effective Pricing.


Want to see how much more you could be earning? Try Effective Pricing today for free and start pricing your services with confidence.

By gabi June 13, 2025
“When you give one price, it’s always the wrong price.” — Teresa Slack It’s a common scenario. A prospective client asks for a quote. You review their details, estimate the work involved, and deliver a single price. Their reaction? They hesitate. They ask for a discount. Or worse—they ghost you completely. The issue isn’t that your price was too high or too low. The real problem? You gave them only one option. Why One Price Doesn’t Work A single price turns your service into a yes-or-no decision. You’re putting pressure on the client to either accept or reject your offer—without the context of value or flexibility. Even if you believe your price is fair, your client may not be ready to commit without understanding what they're really paying for. Plus, you’re locking yourself into a number that may not reflect the complexity, needs, or expectations of the client. The outcome? You either: Undercharge (and resent it later), or Overcharge (and lose the deal) Neither serves you or the client. What Clients Really Want: Control and Clarity In today’s world, clients expect transparency. They want to know: What they're getting Why it costs what it does What options are available They want to feel in control of the buying process. When Teresa Slack shifted to letting clients "build their own package" through Effective Pricing, everything changed. Clients began engaging with the process, asking better questions, and ultimately choosing higher-value packages themselves. The Power of Presenting Options Instead of giving a single number, offer clients a structured choice: Entry Level Full Service Premium Experience Or even better, let them dynamically adjust their selection based on scope. When clients see the value behind each service line, they make better-informed decisions. You move from price being a sticking point to it being a reflection of value. Teresa shared how one client increased their monthly fee by 204% after going through this process. Why? Because he realised everything that was on offer—and valued it. How to Present Pricing the Right Way Here’s how you shift from pricing resistance to pricing confidence: Scope Before You Quote Start with a discovery session or diagnostic review. Uncover: Volume and complexity of work Pain points and priorities Desired outcomes Use Interactive Pricing Tools Forget spreadsheets and static quotes. Use tools like Effective Pricing to: Show real-time price changes based on scope Let clients see what’s included Build transparency into every quote Let Clients Shape Their Package Allow toggling options on or off. If the full package is too expensive, don’t discount—adjust the scope. “We don’t discount. We remove services.” — Teresa Slack From Negotiation to Collaboration This approach changes the nature of the sales conversation: Old way: "Can you do it for less?" New way: "What if we removed reporting or payroll support to reduce the price?" You’re no longer justifying your fee. You’re collaborating with the client to find the right fit. That builds trust. That wins work. Conclusion: Stop Pricing in Absolutes If you’re still offering one quote per client, you’re missing a huge opportunity to: Position your value clearly Increase your average fee Build better client relationships The right price is the one the client chooses—because it reflects what they truly care about. Try Effective Pricing Want to see how flexible, transparent pricing can transform your firm? 🎯 Book a free demo of Effective Pricing and discover how to: Price confidently Scope accurately Convert more clients → Try it now and give your clients a choice they’ll actually value
By gabi June 6, 2025
Think you’ve moved away from hourly billing and embraced value pricing? You might not have. For many bookkeeping and accounting firms, pricing remains the Achilles' heel. Despite good intentions, most who "switch" to value pricing actually end up using fixed pricing—and they don't even realise it. On the surface, it feels like progress. But under the hood, it's often just the same problem dressed differently. In this article, we’ll explore the most common misstep firms make when transitioning their pricing models, why it matters, and how to make a true shift to value pricing that increases revenue, improves client relationships, and restores profitability.
By gabi May 30, 2025
"There were times we couldn’t make payroll. We pulled money from our personal investments just to pay staff." That’s how bad things had become for Teresa Slack, co-founder of Financly Bookkeeping Solutions. On the surface, her business looked like a success. It had a growing client base, a team of skilled staff, and years of momentum behind it. But underneath, the numbers told a different story: they were barely breaking even, despite all the hard work. The culprit? Outdated, ineffective pricing. Meet Teresa and Financly Based in Ontario, Canada, Financly is a virtual bookkeeping firm specialising in e-commerce businesses, particularly those selling on Shopify and Amazon. With a team of 10 working remotely across Canada and Europe, Teresa and her sister Connie built a thriving niche-focused firm. But as the business grew, so too did the pressure. In the early days, they charged hourly rates as low as $18, later increasing to $35. Eventually, they transitioned to fixed pricing, offering packages at $200, $300, and $400 per month. But even that wasn’t enough. The business couldn’t sustain the team they had built. "We were paying our staff more than what the clients paid us," Teresa recalled. Overworked, Underpaid, and Out of Options Despite having more than 100 tax clients and 50 consulting clients, Teresa and Connie weren’t paying themselves. They were burning out, fast. "It was incredibly stressful because we knew we needed to do things differently, but we didn’t have any money." Then came a pivotal moment: a conference in Toronto where they first heard Mark Wickersham speak about value pricing. The Lightbulb Moment They joined the Value Pricing Academy and soon learned they had been confusing fixed pricing with value pricing. The difference? With fixed pricing, every client pays the same. With value pricing, every client pays according to the unique scope of their needs. They began trying to build their own pricing models in Excel, but it was clunky and time-consuming. That’s when they discovered Effective Pricing . "You cannot do value pricing easily without this amazing tool," Teresa said. Putting It to the Test Teresa used Effective Pricing for the first time with a new client. She was nervous. "My heart was pounding. My mouth was dry. I didn’t know how it would go." But the result was astonishing. The client loved the process. They appreciated the transparency, the ability to select what services they wanted, and how the pricing adjusted dynamically based on scope. The outcome? A 204% increase in pricing. Reinventing the Sales Process Since then, Teresa has redesigned her entire sales approach. She now begins with a paid diagnostic review to uncover scope and pain points. Only after that does she present pricing using Effective Pricing. This two-step method means clients see the value before seeing the price. And Teresa can tailor each pricing conversation with precision. "When you give one price, it’s always the wrong price. Clients either ask for a discount or say no. Now, if a client thinks the package is too much, we remove services. We don’t discount." The Transformation: Financly 2.0 Financly is now thriving. The business is profitable. Staff are paid well and enjoy benefits. Teresa and Connie now take a salary. The firm is approaching $1 million in annual turnover. And clients? They now pay what they’re truly worth. "We have clients paying $4,000 a month for bookkeeping," Teresa said. "Ten years ago, I couldn’t have imagined that." Hidden Wins The benefits didn’t stop at pricing. Miscommunication has plummeted. Clients now see exactly what is and isn’t included. Upsells are natural. Clients return months later to add more services they saw during onboarding. Client fit has improved. Teresa now works only with clients who respect and value her work. Teresa’s Advice to Bookkeepers and Accountants "If you’re struggling, working long hours, and undercharging, make the leap to value pricing. The shift will let you attract better clients, do better work, and actually enjoy your business again." Ready to Make the Shift? Explore how Effective Pricing can transform your practice, just like it did for Teresa Slack. → Learn more and sign up for Effective Pricing today.