I hope you all are doing great!
I have completed top-rated requirements a few months ago but have not nominated for that badge yet. I am thinking to raise my top-selling gig’s prices but I wanted to take advice from the senior members of this community based on their experiences about raising the prices.
Why I am thinking to raise my prices:
The reason why I am thinking to raise prices is that I feel my work/skill worth more than what I am charging now. I am offering the same services on another platform too and people there are completely fine and satisfied with almost 5x than what I am charging here. One other reason that I feel I should increase my prices is that many times buyers place the direct order and their work’s scope is higher and then it takes a lot of time to explain to them and ask them for extra and sometimes I also have to do that work for the low price in order to keep myself safe from bad ratings or from the negative effect on orders completion rate.
My fear and advice that I am seeking for:
But I am a little afraid of “what will happen after”. The situation is that my gig is ranked but sometimes there is a good workflow, potential clients do contact and then I convert them to my buyers as much as I can but sometimes the work becomes slower so, therefore, I am little confused that either increasing the prices would be a good decision or not? What if my gig got de-rank? Another big question that arises in my mind is that, many other people offering the same services and also have good ratings but have low prices and when I will raise my prices then why people will buy my services? To prove to them that I charge more because I give better services, communication, and customer service I would have to at least communicate with them. But I would not be able to prove this if they do not message me and only compare my prices and reviews with others’ prices and reviews and decide to message or order base on those two parameters.
I have 1k+ reviews on my profile from which 900+ are on my top-selling gig and this is the gig about which I am thinking to raise my prices. I have read other similar posts on the forum but I wanted to know advice according to my case/situation.
I will look forward to hearing from you.