PRICING &
PROFITABILITY ANALYSIS
Setting suitable pricing for your creative services and reviewing profitability
How you price your services will have a great impact on the financial performance of your creative business.
Lume can help review and improve your pricing strategy to achieve the best outcomes for you.
We have the capabilities and experience as accountants for creatives to benchmark competitor/industry pricing standards and compare these to your offerings.
We can perform scenario modelling for your creative business to show the impacts of pricing your creative services at various levels (i.e. what does the bottom line look like if your prices were 5% or 10% higher or lower?)
Being the lowest priced creative business in the market does not always result in winning more projects or achieving a sustainable bottom line.
Lume will work with you to ensure the prices you are paid for your creative services are aligned to the value you are providing your clients.