Mike Schultz to speak at Babson College
Framingham, MA - March 17, 2008 - Wellesley Hills Group is pleased to
announce that Mike Schultz, President of Wellesley Hills Group and
Publisher of RainToday.com, will share the results from RainToday.com’s
2008 Benchmark Study on Fees and Pricing in Consulting and Professional
Services at Babson College.
In early 2008, the Wellesley Hills
Group and RainToday.com surveyed 2,100 leaders of professional services
firms regarding trends in their fees and pricing. Survey responses were
grouped into 5 categories – Consulting, Law, Accounting, Architecture
and Engineering, as well as Marketing, Advertising and PR – and then
analyzed.
In this interactive presentation, Mike Schultz,
President of Wellesley Hills Group, Publisher of RainToday.com, and
report author will reveal major findings from the each industry
surveyed for the research report, including:
- Average hourly rates in your industry from new associates to firm leaders
- What the “premium price” firms do differently than “mid price” and “lower price” firms regarding their pricing structures and their business processes
- The financial effect having a strong brand has on a firm’s ability to receive higher fees
- How often firms discount their fees prices and by how much
- How firms find out what their competitor’s prices are
- How often firms in your industry use pricing strategies such as fixed fee engagements, retainers, time and materials, value pricing, and other strategies
- Which firms get fee and margin pressure, and why
In
addition, Mike will share recommendations to help firms maximize their
fee and pricing structures to meet their overall revenue and growth
goals. The recommendations are drawn from the consulting and analysis
work of the Wellesley Hills Group along with the results from the
Wellesley Hills Group / RainToday.com 2008 Benchmark Report on Fees and Pricing.
About RainToday.com and Wellesley Hills Group
RainToday.com (http://www.raintoday.com) is the premier online source for insight, advice, and tools for service business rainmakers, marketers and leaders. Based in Framingham, Massachusetts, RainToday.com features the most up-to-date resources including articles by industry experts, how-to guides and tools, sales and marketing research reports, webinars and events, and a free weekly newsletter, the Rainmaker Report.
RainToday is published by the Wellesley Hills Group (http://www.whillsgroup.com), a management consulting and marketing and lead generation firm specialized in working with consulting, professional services and technology firms to increase revenue and generate higher profits.
Contact Information
Kelly Kerr
Marketing Assistant
Wellesley Hills Group
kkerr@whillsgroup.com
p. 508-626-9991 x209
f. 508-848-3082

