Super Simple Case Study: Price Increase for a Coworking Space

We've just wrapped up a big project - increasing a coworking spaces’ membership rates — and it underscores exactly why our clients choose us for their coworking space needs.

The project involved a total membership and pricing strategy overhaul, and I just had to share some of the highlights:

📣 Communication: We navigated through the delicate task of messaging a price increase, ensuring transparency and maintaining trust within the community.

Our strategic approach meant members were well-informed, understood the value behind the changes, and felt respected throughout the process.

💰 Maximizing Revenue (without the overwhelm): One of our top priorities was to ensure our client didn't miss out on revenue opportunities during this transition.

By handling the more complex aspects of the price increase within the space management software, we eliminated the risk of leaving money on the table, all while simplifying the process for our client.

💅🏻 Flawless Execution: If I do say so myself(!!) we ensured that every member's bill was error-free post-transition.

Protecting our client's reputation was and is important to us, and we're proud to say that the feedback has been overwhelmingly positive.

⚙️Tech Solutions: There IS NO one-size-fits-all approach. Instead, we customized the space’s tech stack to perfectly fit the unique use case of our client. Having a bespoke strategy streamlined operations and upped member satisfaction.

Got a gnarly price increase staring you down? Or have you been avoiding one due to all the things that could possibly go wrong? Let’s talk.