How to price your service

Price in simbi? – What the heck is a simbi? How much is a simbi worth?!

Pricing your service isn’t always easy the first time around. And we don’t want new members getting hung up on it, so here’s a quick 3-part guide to pricing your service in simbi.

1. Relax – it’s always negotiable

Before you spend too much time worrying about it, keep in mind that nothing is set in stone. No one can “click to buy” your service, and how much you’re willing to charge is always up to you. You can renegotiate your price privately in conversations with other members. Not to mention you can always go back and edit your price entirely.

2. Start low

We recommend starting off low. If you get more hits than you can handle, then you can consider upping the price to lower the demand of your service. Starting off with high prices can be dangerous. The average member on Simbi has about 80 simbi in their account. Price too high and it could take a while before someone contacts you.

3. Look around

Feeling uneasy about the price you’ve set? Browse the site for services like yours. Look around and see where you fall in. See if you’ve priced competitively and make edits.

We all want to make sure we set the right price for our services on Simbi. It’s key to our success. But at the same time, it’s nothing to worry about. So long as you start low and land your first deals, you’ll find your sweet spot in no time.

Cheering for you,
-The Simbi Team


Other Common Questions

Do simbi have a dollar equivalent?
Nope – they only carry value within the Simbi network, and cannot be “cashed out.” 

Why is there a currency in the first place?
Good question – we have an entire article on this: What are the benefits of earning simbi?

 

17 Comments

    • Thank you for reaching out, Nathan. If you’re posting ready-made handmade pieces, we suggest you post them on the Simbi market (simbi.com/market). You can include a shipping charge in your listing information when creating Market listings.

      Otherwise, when you offer a regular service, please do include a shipping charge in your description and method of payment (most members use PayPal) so that other members know exactly what to expect. Hope this helps!

    • Hello Cheyenne, thank you for reaching out! It looks like tutoring services range from 10-25 simbi / hour. Have you browsed the site to see what other members with similar services are offering? That will help you gauge the right price for your service. When browsing, you might want to refine your search by entering the specific tutoring service you offer in the search bar, for example, “Physics tutoring”. https://simbi.com/services/search?keyword=tutoring

      Hope this helps!

    • Greetings, Kat! Thank you for reaching out. The Simbi website is built so that visitors can browse all services without joining! When you scroll down the landing page, there are “See more” links under the sections with services. These links will open up more services to browse through.

  1. I am having difficulty seeing how much a Simbi credit is worth if you CANNOT “cash out” I am not going to use one Simbi per on dollar IF that’s not the current rate at which a Simbi credit is worth. . .

    I think a lot of people feel the same, and because of this may raise their Simibi rates for their services while keeping their dollar value for their services the same. I see the potential for HUGE discrepancy here.

  2. Kip Wilson

    Some services I offer have various packages and pricing.
    Can members create a page listing their services, then sub pages with each specific service and then listing for each item and or package?
    Or do you just have to list each service, package and price individually?
    If not being able to group list them on a page, some may think one package does not offer enough when another package is available or may think one package is too expensive when a lower cost package is available to meet their needs, but may never see the other option(s) if they are not listed together.

    • Greetings Kip! Thank you for reaching out. We currently don’t have the functionality to create sub-pages but we’ve added that to the list of features to consider. For now, you could list each service separately. Or you can create just one service, but list the different packages in the service description. You can always negotiate and change the simbi amount when sending a proposal. Hope this helps!

  3. Mike McCreedy

    This is such a great idea, I would like to be involved spreading the word about this type of economics. I honestly believe in what your company is doing. Please contact me if I can offer anything. I have over a decade of IT experience along with various other skills.

  4. Sara

    I can’t seem to enter your site to browse….like Kat’s inquiry above…you told her that you can by selecting “see more links” all I see is field asking for to fill in my offerings…his to I ge to your main landing page? Thank you

    • Greetings, Sara! It looks like you’re in the Onboarding phase. To exit and browse the site freely, please scroll down all the way to the bottom and look for a “Quit & Log Out” button. That should take you back to the landing page. Please let us know if you continue to have issues or have other questions!

  5. I’m licensed massage therapist in the state of Iowa. going rate for a massage is between $70 -$85. For a brick & mortar building. I travel to your home or office.(gas/carupkeep) so I had an additional $10 so My asking rate is $95. How does that convert to SIMBI system? Thank you know peace~alex

    • Greetings Alexander, we do not have an exact conversion rate — but we suggest browsing other services that are similar to yours and see what those members are charging. We do recommend starting lower and then making your way to the perfect simbi price. From doing a quick search on Simbi we noticed that 50-100 is the going average rate for massage therapy sessions. We hope this helps!

Leave a Reply

Your email address will not be published. Required fields are marked *