Learning to Not Underestimate Materials:
The Value of Service
If you have a product, it is easy to put a dollar sign on it. You can simply take the time that it took to put the product together, as well as the amount of materials, and multiply everything together. However, the virtual assistant business doesn?t work like this. Instead of being valued by a product, you are being valued by a service. Learning to estimate your value as a service is one of the keys to your success.
Unlike a product, a service offers a different arrangement of things. While someone is still paying you for your time, they are also paying you for your knowledge. This is the substitute to the product materials that they would have been paying for. Some have heard the saying that knowledge is power, and is immeasurable. This makes it difficult for some to put a price on the knowledge and services that they are offering.
One of the easiest ways to approach your value to service is to simply go by the standards. Several have defined what it is worth to have a virtual assistant service. These are the leaders in the group who know exactly what it takes to be the right hand of a business. This is the easiest way to define what your services and your knowledge is worth.
Beyond this, you want to make sure that you don?t underestimate your services. This means that you are confident in your pricing and are willing to keep the set dollar, no matter what the circumstances. This will help you to establish standard as well as good relationships with businesses. Not compromising your standard is one of the important parts of offering your service.
Even though the end result of your particular business may not be seen through a new set of things, your service is still invaluable. By pricing your knowledge, and making sure that you keep to your standards and policies, you will be able to find quality customers and can provide quality service. Sticking to the price is one of the important parts of being effective with your virtual assistant business.