Pricing Is a Top 3 Decision In Your Business. Are You Giving It the Attention It Deserves?
Most owners don’t, and they pay for it with lower profits. You could be making 20% to 30% more profit than you are today.
How Much Do You Think About Pricing?
When a customer’s price does not go up with inflation, your profits on that customer go down fast.
Across a whole customer base, owners who do regular price reviews can make ~20% more than those who skip them.
Owners who use data to increase their pricing get ~30 more than baseline.
That’s what Profit Lab does: We make sure your price changes run like clockwork with in-depth analysis. You make more money, while your team does less work.
How Profit Lab Works
3 Steps to a More Profitable Route
1. Set Goals & Connect Your Data
(2-3 meetings)We get to know your business and your data. (Yes, we clean up a lot of your messy data for you.)
2. We Run the Analysis & Draft a Plan
(1-2 meetings)Our team breaks down your costs by service line, builds your custom pricing model and strategies the notification process.
3. Price to Win (and Profit)
Once you approve your plan, we handle email and snail mail notifications and directly change all the prices in your CRM.
What Profit Lab Clients Are Seeing
↑ Recurring Revenue
Operators report meaningful revenue increases within 90 days of implementing corrected pricing.
↑ Profit Margins
Stop subsidizing unprofitable work. Know exactly which accounts and service lines to grow and which to reprice.
↑ Business Value
Better pricing = higher EBITDA = a more valuable company when you’re ready to sell or bring on investors.
↑ Productivity & Confidence
Save your team’s time and effort while knowing you’re taking a data-backed approach to price increases.
“Overnight, we generated an additional $78,000 in recurring revenue — and we have yet to touch our smaller clients and our residential clients.”
— Zack Broder, Vice President, BHB Pest Elimination
“Working with Profit Lab saves my team time, it ends the debate over whether to do flat rates or percentages, and it gives us real confidence walking into pricing conversations with big clients. 110% — would recommend to anyone thinking about signing up.”
— Andy Nieves, Vice President, BHB Pest Elimination
