Too expensive?

[Joe_b87]

Like a lot of people at the moment im getting undercut, nothing new in this but I was wondering what everybody else is charging for labour? I work on £30 per hour depending on the job, the bigger stuff i work out a price.

 

[GLENNSPARK]

[/COLOR]]I know £20 is too low, thats why i lied on my original post untill everyone started posting their real prices, and then i regretablly obliged...but murdoch saw me straight and i changed lol.

Im happy with my price structure at the moment, maybe am abit too low and why im palming work to mates but ohwell. Life's all good glenn. Off topic, you managed to get any work done with all that snow over your way? I've got literally none on the east coast, mental how much you wessies have had, proper snow like the older days lol.

LOL....just checking `the competition` then were we Mark?...lol...:bulb2:

 

[markc123]

Hant's you've got it sorted like many on here have - yes, a client base and recommendations are better than any advertising no doubt. However, the OP didn't have a client-base, thats why some have suggested considerably dropping the price he was quoting.

It's a dog-eat-dog trade. Once you've got the clientel you can be content, and not worry too much about price-fluctuation. However, some people are not as fortunate as many of us.

 

[markc123]

LOL....just checking `the competition` then were we Mark?...lol...:bulb2:

Haha honestly wasn't...i was thinking it can't be a good idea broadcasting your prices on a public-forum. Then to my dismay, everyone seemed to jump in head-first...and then: I regretablly, like a sheep, followed.

Lesson learnt

 

[GLENNSPARK]

I know £20 is too low, thats why i lied on my original post untill everyone started posting their real prices, and then i regretablly obliged...but murdoch saw me straight and i changed lol.

Im happy with my price structure at the moment, maybe am abit too low and why im palming work to mates but ohwell. Life's all good glenn. Off topic, you managed to get any work done with all that snow over your way? I've got literally none on the east coast, mental how much you wessies have had, proper snow like the older days lol.

well i have a busted ankle at the mo....so havn`t been able to do owt for a few weeks...lol..
bloody phones been ringing though for stuff to go see to...some ECRs and sorting out some fire damaged rooms at a house in bradford...
but cant get out to them at the mo...typical really....

 

[markc123]

The 'like' was because you have a busted ankle.

:38:

 

[GLENNSPARK]

The 'like' was because you have a busted ankle.

:38:

cheeky git...

 

[Hants-Spark]

Hant's you've got it sorted like many on here have - yes, a client base and recommendations are better than any advertising no doubt. However, the OP didn't have a client-base, thats why some have suggested considerably dropping the price he was quoting.

It's a dog-eat-dog trade. Once you've got the clientel you can be content, and not worry too much about price-fluctuation. However, some people are not as fortunate as many of us.

I totally agree with you mate, hence I try not to count my chickens etc as unfortunately the a%*e can drop out of things at any time.

 

[Joe_b87]

Sorry guys, should've just said sod off and stop being so cheeky! ;-)

 

[mamba]

Like a lot of people at the moment im getting undercut, nothing new in this but I was wondering what everybody else is charging for labour? I work on £30 per hour depending on the job, the bigger stuff i work out a price.

T

There is a thread in the business section of the forum, which you may want to cross ref with. It certianly looks like pricing is subject and flavour of the day. I think one can debate this all day and a lot of it has been covered.

Just remember from a marketing point there are 4 elements of the marketing Mix for any company be it BA - Apple M&S or us as a self employed electricians. The Marking Mix has 4 "P's" than when combined and mixed together will and should give you a healthy and profiatable business. The 4 P's in no order as they are all together as follows You have to provide a good PRODUCT with the right PROMOTION at the right PLACE and at the right PRICE. so Price is only one element of the marketing mix. Price is however very unique in this mix or in any business as it is the only element that brings in and produces revenue all the other represent costs. Pricing in general is not handled well by most and the most common mistakes is that pricing is not revised often enough and flexable enough to capitalise on market or present changes. So its your business you and you alone know what profit you need to make daily weekly and monthly go and make sure you have the right product [your skills and workmanship] promote & present that product in the right place and price your product to your market. Remember revenue and profit are 2 completly different entities. Anyone can have a good revenue turnover but the bottom line is is there a profit in the business??? Set yourself limits example you have just been called out to do a minor repair job you get there and it is an elderly couple and it is something really small Fuse blown. repair it and suggest a new board and assure them it will not be expensive. have a look at your diary when a day is clear you going to be at home watching daytime TV yes we all have done it, book it in do it for a labour cost of say £80 - £100 you take home a profit and most importantly when you get back in your van you will feel you have earnt a million pounds you will be feeling so good about youeself and helping out someone that is flexable pricing.

 

[Guest55]

theres companies out there charging £500per day per spark for testing :O

yeah ? who ?

 

[GLENNSPARK]

T

There is a thread in the business section of the forum, which you may want to cross ref with. It certianly looks like pricing is subject and flavour of the day. I think one can debate this all day and a lot of it has been covered.

Just remember from a marketing point there are 4 elements of the marketing Mix for any company be it BA - Apple M&S or us as a self employed electricians. The Marking Mix has 4 "P's" than when combined and mixed together will and should give you a healthy and profiatable business. The 4 P's in no order as they are all together as follows You have to provide a good PRODUCT with the right PROMOTION at the right PLACE and at the right PRICE. so Price is only one element of the marketing mix. Price is however very unique in this mix or in any business as it is the only element that brings in and produces revenue all the other represent costs. Pricing in general is not handled well by most and the most common mistakes is that pricing is not revised often enough and flexable enough to capitalise on market or present changes. So its your business you and you alone know what profit you need to make daily weekly and monthly go and make sure you have the right product [your skills and workmanship] promote & present that product in the right place and price your product to your market. Remember revenue and profit are 2 completly different entities. Anyone can have a good revenue turnover but the bottom line is is there a profit in the business??? Set yourself limits example you have just been called out to do a minor repair job you get there and it is an elderly couple and it is something really small Fuse blown. repair it and suggest a new board and assure them it will not be expensive. have a look at your diary when a day is clear you going to be at home watching daytime TV yes we all have done it, book it in do it for a labour cost of say £80 - £100 you take home a profit and most importantly when you get back in your van you will feel you have earnt a million pounds you will be feeling so good about youeself and helping out someone that is flexable pricing.

see, this is more like it...
posts like this are what this forum should be about...
not drivvel like `i have passed the 17th edition....am i an electrician now?`....or other such rubbish like that..

 

[Guest55]

anyone thinking there is a minimum wage for electrical work is completely mad.
its simple economic supply & demand.
you charge as much as you can get away with and as little as you can just to get work.

 

[Octopus]

And what most SE sparks don't allow for is the amount of hours of "unproductive" time - so saying I want to gross £xx per hour is meaningless!