I'm proposing that if I find out that there are other products in the market that offer the same value for free, I might feel like it's an ethical issue. I don't have strong evidence that suggests that there are products which offer the same value for free (There's a lot of issues with recruiters e.g. incentive misalignment issues, they cater to specific people, etc.). Still learning though.
I'd a love a little more detail here. What makes you think I'm not providing help?
I think there's a relevant question of ethics here.
If I learn that these competitors offer a product / service equal to mine or better, I'd feel obligated to change the business model or innovate my product / service in some way.
Still exploring that question.
Thanks bud!
RE Jacobian's point: This is fair, though it works on the assumption that the competitors offer an equally good service (i.e. they get the job seeker the highest paid, the most fulfilling job for them, etc.). This is open to debate because a) these competitors serve their network of businesses not job seekers so they're selecting from a smaller pool and/or b) incentives aren't as strongly aligned with the candidate. I'm still exploring the space though so I can't speak to what side of the argument is stronger.
RE digital_carver: What biz do you run?
Honestly, all 3. Generally, I think the best sales people do not sell.
They simply explain pricing in a calm way and ask questions to make sure the other person is a good fit.
Also, can't speak to competitors, but my understanding of how many people price is they experiment with different numbers to see what customers are willing to pay (which I fundamentally disagree with as a pricing strategy).
Getting a new job takes a lot of time, so I don't usually take on clients in this position. It'd also be hard for me to justify spending time on a client like this given that unemployed people would gain more from my service.
Does that make sense?
Great thoughts. Yep. The people I'm working with rn struggled for 6 or more months. One of them had been at it for a year, so the maths makes sense (and may be generous) for the parties I'm working with.
3 months ago, I started a company that helps people land jobs in exchange for a cut of their income once they land a job.
Since then, I've closed 5 customers worth about ~$25K. I strongly attribute my ability to close deals to how I price. I strongly attribute how I price to ideas I've developed reading Lesswrong (especially concepts from Economics like Shut up and Multiply).
Word for word, here's how I walk customers through pricing on sales calls:
Got it - makes sense. I set up contingencies where the client can terminate the contract (and vice versa) to solve against this.
Not a perfect solution though.
Really appreciate the thoughts here! It's helpful.