February 24th, 2011


Pricing Advice?

(Sorry if this goes through twice. My internet had a spazz the first time I tried to post - not sure if this went through!)

To cut a long story short, I'm not sure what currency to price my commissions in.

Most of my customers are American. Also, most of the commission prices I see on FA and DA are in USD.

I'm British, and in all honesty, I want to price my commissions in my own currency - it makes things a little easier for me to understand.

My question is: Would putting my prices in GBP instead of USD put people off? Would putting my prices in GBP cause any problems? In short...is which is better?

I'm trying to weigh up the advantages and disadvantages of both and I'm just getting nowhere. I guess I just really need a second opinion on this and figured posting something here may help others in the same situation as me!

Bah, I'm just generally confused. Any help/advice would be appreciated! Cheers!

PS: I don't want to list prices in both currencies - if I did this I would have to be constantly editing prices to match exchange rates, or my pricing page would be misleading for customers! x_x

EDIT: Forgot to mention! I already link to a currency converter on my commission page - sadly though, not everyone uses it!

EDIT 2: Ok! Thanks SO much for all the help guys, you're all wonderful! <3 I've given this a thorough think through - I'm going to start listing in GBP and I'm also going to have a duplicate 'Commission Information' page with prices in USD. The prices in dollars will be slightly higher than the prices in GBP to counter for conversion rates/fluctuations/whathaveyou. I'll also date the page as to when the prices were converted. I hope that sounds a good solution! (If not...please do tell me!)

Once again, thank you so much for all your time!