A service price list is a document in which a service provider includes the list of services he provides and the cost of each service. This price list is designed for customers and clients who want to know the cost of services so that they can decide whether to use them or not.
Importance of service price list
Designing the service price list can sometimes determine a business’s success. When a business wants to evaluate its profit margin, it can create a service price list. Creating the service price list is undoubtedly the main element of any business’s marketing strategy. A business without a service price list is less likely to get more customers than those businesses that use one.
The template has a list of services offered, including prices and taxes.
Excel Template (.xlsx)
What are the benefits of the service price list?
A few benefits of using the price list are given below:
A service price list creates the first impression:
No doubt, what a customer notices about a product at a very first glance is its price. Sometimes, the decision of the customer or the client is wholly based on how a business has priced its services. The customer then compares the price mentioned in the services list with the price he has perceived. The customer also compares the price with the quality of the product. If the customer finds that the price is reasonable, he can decide to get those services. In this way, a service price list works.
It is an integral part of the promotion strategy.
Price plays the most important role in the promotion of sales. Businesses that use the services price list are likely to boost their sales because customers find all the details about the prices at hand, and they don’t have to face the hassle of asking the price of every product.
It makes a business come across professionally.
When a business uses a service price list, it appears to be a professional business. By displaying a service price list, the customer learns that the business cares for its customers.
What should be included in a service price list?
A services price list predominantly includes the following details.
- ID number of each service provided by a business
- Type of service
- Description of each service provided
- Price of services, including taxes
It also includes simple introductory details of the business, such as
- Name of the business
- Logo of the business
- Contact details of the business
Services price list templates
A simple and most commonly used price list is usually prepared in MS Excel. It includes four or more columns in which price details are mentioned. Using the template is very beneficial because it has a professional look and does not require the user to fuss over the details to be added to the services price list. The user can easily download the template and use it after personalizing it.
Excel Template (.xlsx)
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