EP 172 How to price your retreats that sell out with guest Erin Haag

The Retreat Leaders Podcast

In today’s episode, we sit down with Erin B. Haag, the mastermind behind Pricing Overhaul®, to explore the art and science of pricing retreats effectively. With her extensive experience in numerical analysis and pricing strategies, Erin offers valuable tips for retreat hosts to optimize their pricing for profitability.

Key Discussion Points:

Introduction to Erin Haag:

- Background on Erin as a “Math Nerd,” serial entrepreneur, and the creator of Pricing Overhaul®.

- Her journey in the financial realm, working with both large corporations and small businesses, leveraging her expertise in numbers and pricing.

Principles of Pricing Overhaul®:

- Erin explains the fundamentals of her Pricing Overhaul® method and how it can be applied to retreat pricing.

- The importance of shifting mindsets around money and math to establish a profitable pricing structure.

Strategies for Pricing Retreats:

- Discussion on key factors to consider when pricing retreats, such as value proposition, target market, and operational costs.

- Tips on analyzing the market and competition to set a competitive yet profitable price.

Common Pricing Mistakes:

- Erin highlights frequent mistakes retreat hosts make in their pricing strategies and how to avoid them.

- The balance between affordability for participants and sustainability for the retreat business.

Tips for Retreat Hosts:

- Practical advice for retreat hosts on managing their finances, including budgeting, forecasting, and monitoring financial performance all with the intent to MAKE MORE MONEY.

The Retreat Leaders Podcast Resources and Links:

• Learn to Host Retreats
• The Retreat Ranch

Connecting with Erin:

• Get your free top 5 tips: https://luxuryinbusinessretreats.mykajabi.com/top-5-tips-1
• Check out her retreat leaders program: https://luxuryinbusinessretreats.com/join/
• Get a free sample of her best selling book: https://pricingoverhaul.mykajabi.com/freebooksample2024

Thanks for tuning into the Retreat Leaders Podcast. Remember to subscribe for more insightful episodes, and visit our website for additional resources. Let’s create a vibrant retreat community together!

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Connect with Shannon Jamail:

• Visit The Retreat Leaders Podcast
• Visit Retreat Ranch
• Facebook Mind & Body Complete