Skip to main content


Twitter User Explains Why You Should Never "Under Price" Yourself to Keep a Customer

 I was doing my usual Social Media waka roll, when I stumbled on what this man shared about business and under pricing yourself. 

Immediately I read it, I remembered what happened to me some years back. Let me gist you guys small toryy tell you guys a story.........

A friend of mine reached out to me that she wanted me to provide cupcakes for her as she was hosting an event.

I obliged and we talked about her specifications for the cake and all. Then it got to the almighty "price talk"  the point where we would discuss my fee.

I stated what I would charge and suddenly the tone of her voice increased....she went

"Ah ah!! No oh!! I can't pay that. As a matter of fact, someone gave me something cheaper. She gave me at so so rate".
I scratched my head *in my mind that is😓*.
I wasn't going to make tangible money from her order, but at least it would cover my cost. Most importantly, my business was a new one and I needed clients, so I took the order
May I add that she did not pay a deposit for her order. I told myself, she is my friend, so getting the money won't be an issue.

So off to my bakers shop I went, bought all the things I needed ahead of time. I intended doing an all nighter/ early morning baking, so the cakes will be fresh and cool, so I could ice them later.

Guess what happened, she called the day I was to bake (which was a day before the event) cancelling her order.
She did not give any concrete reason for the cancellation save the excuse that she had made alternative arrangements.

To say I was disappointed is an understatement, I was crushed. Any young business owner trying to get clients and jobs will know this feeling.

The truth is that just like the twitter user rightly said, if you price and present yourself kobo kobo cheaply, your clients won't take you seriously.

I'm not saying you should not give discounts, but it should not be discounts that would undervalue your brand/ product.
May I add that you should always ask for your DEPOSIT UPFRONT. Even if it is your mama!.(Uhmm..*SMH*If you are a Naija child, you'll know why I'm scratching my head right now 😨😱).

But seriously, everyone should help yah "ministry grow" and flourish.


Follow Us


Popular posts from this blog

Chioma Ikokwu aka Chioma Good Hair Shares 3 Secrets Behind the Success of the Good Hair Brand

Popular Lagos Socialite and business woman, Chioma Ikokwu aka Chioma Good Hair has built a successful business,"Good Hair" with her partner, Kika Osunde,  over the years. 
The duo who

Kayode Abbas Reveals Why You Should Set Goals Via Social Media for Your Business

Kayode Abbas is a social media expert and in this post he shares how social media is a powerful tool and how ways we can make money off it.

85% of people use social media without goals. I was consulting for a client that wanted to quit social media because he wasn't getting results. I probed and found he didn't have goals set. How can you get as much value as possible from the time and resources you put into social media ?

Good News for Nigerian Businesses!!..Britain to add Nigeria's Naira to List of Accepted Trade Currencies

Good news for Nigerian businessmen and women.....Britain just added the Naira to the list of pre approved currencies for conducting trade.

This moves makes it easy for transactions with Nigerian businesses denominated in the local currency to be conducted.

With this, the Naira becomes one of the three currencies from West Africa that can benefit for its programme of funding transactions that promote trade with Britain.

According to the British High Commissioner to Nigeria, Paul Arkwright, via a statement.........
“This is a clear indication of how much value the UK places on its relationship with Nigeria. It will provide a firm foundation for a significant increase in trade and investment between both countries." According to the the statement, the UK would provide up to 85 per cent of funding for projects containing a minimum of 20 per cent British content.
“The Naira financing will follow the same structure as someone buying in sterling, except that Nigerian firms taking out …