Virtual CFO Pricing
Engage, Convince and Upsell using Virtual CFO Service Tiered Pricing
Fractional CFO tiered pricing Vs regular CFO service pricing
Seasoned and highly skilled accounting professionals move up in the value chain to serve as a CFO. While some become part of the CXO/ management team, other offer CFO consulting services. Those who offer consulting service or engage on a retainer basis quote CFO consulting rate. How you present your pricing can make a lot of difference in what price point you can command. There is a modern way to offer CFO consulting service and it is called tiered pricing.
Conventional pricing for virtual CFO proposals is typically presented in a written format or at most in a tabular format with multiple columns and varying rows. It can get complex as well as confusing to prospective clients.
Tiered pricing is a game-changer when it comes to enhancing the overall pricing and buying experience for customers.
- Tiered pricing adds a sense of exclusivity and customization to the purchasing process.
- Through transparent pricing, clients can compare the available tiers.
- The attractive visuals and interactivity of tiered pricing make it appealing.
- Clients can select the desired tier, select-unselect optional items
- Tabular
- Complex to understand
- Chaotic to decide
- No Segmentation of Clients
- Limited Upsell
- My Way or Highway
- Multi-dimensional
- Simple to understand
- Easy to compare
- Segment clients with different tiers
- Multiple upsell opportunities
- Transparent & DIY for clients
Pricing Tiers For Virtual CFO Service
Proposing Virtual CFO Services? Here is an excellent example of tiered pricing that you can use in your next Virtual CFO Service proposal, engagement letter, or quote. This template allows you to customize tier names, pricing, features, appearance, and most part of it.
With this tiered pricing package, you get
Comparable Virtual CFO Service Tiers
Instead of allowing your clients compare your offer with your competitors, you can make them compare between your own CFO service options. With 3-tiered virtual CFO service pricing options, you allow them compare between distinctly three pricing plans. Encourage your clients to discover more value in your own services instead of looking outside.
Recommended CFO Pricing Plan
When you offer CFO services pricing plans and present those as 3-options tiers, potential clients will have to analyze each tier separately, what is included, what is not, etc.
As a provider of fractional CFO services can simplify the choice for your clients. You should recommend your clients one of these plans. Generally the middle-tier is displayed with a tag/ flag like ‘Recommended‘ or ‘Most Popular‘ or ‘High Value‘. Such tag serves as a sales signal and in many cases, simplifies the buying process for your prospective clients.
Monthly / Yearly Retainer Fees
This example shows monthly retainer fee, however you can create virtual CFO service plans to offer Monthly as well as Yearly service pricing option for your clients.
By working out numbers for monthly and yearly pricing you can incentivize clients to go for yearly plan or monthly plan (depending on which plan you want to leverage more)
Optional Add-on Fees
One of the effective way to upsell products or service related to Virtual CFO service is to include Optional Fee or Add-on Fees. e.g. special financial reporting, M&A service, due diligence, etc.
You can include add-on fee in your CFO service packages. These fees are optional, clients have choice to opt for it or leave it as it is. Using Fresh Proposals, you can configure separate add-on for different tiers. You can have recurring, non-recurring, multiplying quantity of optional fees.
Change Quantity using Slider
Though this example does not includes quantity slider, you can very well provide such option for your client if it is appropriate. The whole experience of being able to view final pricing as viewer changes quantity with slider, makes them feel that they have control over pricing and they can transparently see the final pricing.
Frequently Asked Questions
What is tiered pricing?
Tiered pricing is a business strategy to offer clients with multiple product/service options with varied pricing levels. A tier in pricing tier presents packaged features, sub-features or service levels. Each tier has distinct price point and pricing packages can be compared at a glance. Each tier is intended to appeal/ serve different kinds of customers. Here is more about what is tiered pricing
How is tiered pricing different than a pricing table?
A regular pricing table has been a traditional way of proposing service/product pricing. Typically it is displayed as rows and columns. A traditional pricing table is a snapshot of line items with prices irrespective of customer segment. Tiered pricing differs from traditional pricing. Tiered pricing packages are the modern way to make distinct offers to different segments of customers. It starts with identifying features/service levels that will appeal to different customer segments separately. Each tier is identified with a name and price level.
What are the benefits of tiered pricing?
- Grow customer base
- Increase sales and profit
- More transparency
Tiered pricing packages help you identify unique offers for different customer segments and charge them differently. It means you can attract essential/cost-oriented customers, value-conscious customers as well as premium customers. Strategic tiered pricing can reorient the way business perform sales and delivers their products/services. Here is more about tiered pricing advantages.
What are the examples of tiered pricing?
You can find lots of examples of pricing packages for various service categories like accounting, bookkeeping, CFO, payroll, SEO, coaching, IT support, Cyber security, etc.
Advantages of Tiered Pricing
Make The Best First Impression: Hook Them Up
When your client receives your proposal with tiered pricing, they would want to review the pricing with greater interest. Use this tiered pricing template to get the reactions like, “now, that’s something”, “this looks interesting”
Readily Use Templates : Save Time
Get your pricing in quotation, proposal or engagement letter to your prospects quickly so that you can engage them better with the first mover’s advantage. Pick this ready to use polished tiered pricing example and outrank your competitors. No more struggling with proposal pricing.
100% Customizable: Make It Your Thing
These tiered pricing templates are 100% editable and customizable. Pick tiered pricing example you liked and customize it to suit your information. The name, price, features, colors, style, etc can be changed.
Clean Structure: Easy Navigation
With clean structure in your proposal, you can make it super easy for your clients to uncover, understand your proposal better. Clear structure helps your clients to set their expectations, right from the beginning.
Interactive Quotation / Pricing
This is an interactive quotation; meaning clients can change quantity, select/deselect tier, optional items and s/he can check final total (again configurable) along with applicable taxes & discounts
Tiered Pricing for Accounting Services
Accounting Pricing Examples
Accounting Engagement Letters
Disengagement Letters
Accounting Proposal Templates
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100 % Customizable Template
Though this template is professionally designed, it is 100 % customizable. You can modify its design, fonts, images as well as content as you would like.
Show Your Best Work
Include your portfolio of photoshoots, images as well as videos in your proposal. Let your prospect/ client experience your capabilities, skills better
Interactive Quote
One time fees or recurring / hourly pricing; no worry. Simply include your fees item and let your prospect change quantity or select option things.
Drag-n-Drop Content Editor
You have lot more flexibility and superior control how your proposal is going to look like. You can drag-drop desired content using online editor.
Track Prospect Insights
Know exactly how your prospective client is interactive with your proposals. Use these insights to smartly convert your prospects into customers.
Online Signature, Acceptance
Be that forward looking vendor who uses cutting edge tools and technologies. You will be sending proposal that your clients can sign online.
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