Home / Mindsets / State Your Price and Shut Up

State Your Price and Shut Up

State the price, then stop talking and let the buyer speak next. The common failure is filling the silence after the number, so the price moves before the buyer has said a word.

It is a habit, and it decides how much of your quoted price you keep. A pound of extra price is a pound of extra profit, because the cost of delivery does not change.

What is happening in the silence?

The pause often feels like rejection, but it is often arithmetic. The buyer is comparing your number with whatever they had in their head, working out where the money would come from, deciding who else has to agree, and rehearsing how they will explain it. That takes a few seconds, during which their face does nothing useful, and you read the nothing as a no.

Filling the silence does three things. It tells them the price was negotiable. It tells them you did not entirely believe it either. And it removes the moment in which they were about to say what they thought.

Why owners find this so hard

Owners know their costs. The buyer sees a price; you see the margin inside it.

In a small business the price is personal. A challenge to it can feel like a challenge to you.

Dropping the price to keep the atmosphere pleasant produces a client who pays less and often asks for more.

Owners who are uneasy about a price bury it: last page, small type, surrounded by qualifications, emailed rather than said out loud. If your instinct is to hide the number, check whether you believe the price is right, using a spreadsheet and a clear look at what you deliver.

How do you hold the price when they push?

When a buyer pushes, answer with a question rather than a number, then wait again.

“That is more than I expected”

Reply: “What were you expecting?” Their figure tells you whether this is a gap of a few per cent or an entire order of magnitude, and those are completely different conversations.

“It is a lot of money”

Reply: “It is. Shall we go back through what is in it?” Agreeing costs you nothing and stops you apologising for your own number.

“Can you do better?”

Reply: “I can do it for less if we do less. Which part would you like to take out?” Now they are choosing scope rather than negotiating price.

“We have had a cheaper quote”

Reply: “I would expect so. What did they include?” Then let them read the difference out themselves.

Do not answer an objection nobody has made.

How to use it this month

The mistakes to watch for

The first mistake is discounting before anybody asks.

The second is treating a price challenge as a price problem. “It is too expensive” often means “I have not understood what I get” or “I cannot yet justify this to my partner”. Both are answered with a question.

The third is inconsistency. If your price moves depending on how well the meeting is going, the people selling alongside you cannot hold a line you do not hold yourself.

Questions to ask yourself

Holding your price is part of the work in Business Coaching. It sits alongside Wants vs Needs, which is how you find out what the buyer is paying for, and the Value Ladder, which gives somebody a smaller step to take when the number is too big for now. The full set is in the Mindsets library.

Get the next one in your inbox

One guide for business owners each week. You can unsubscribe at any time.

Frequently asked questions

What if the buyer says nothing at all?

Then wait. The pause after a price is often four or five seconds of mental arithmetic, and it feels far longer to the person who said the number than to the person hearing it. If the silence stretches past that, ask a neutral question rather than offering a concession: what are you thinking, or what would you like to go through again. Both hand the conversation back without touching the figure. What you must not do is fill the gap with a discount, a qualification or an apology, because all three tell the buyer the number was soft and invite them to test how soft.

Is staying quiet after the price a manipulation tactic?

No. The point is not to win a staring contest. It is to give the buyer the few seconds they need to think, and to stop yourself negotiating against an objection nobody has raised. Manipulation would be pressure, false deadlines or a price that depends on how nervous somebody looks. This is the opposite: one number, calmly stated, that means the same thing whoever is in the room. A steady price is one the buyer can defend to somebody else.

When is it right to reduce a price?

When something else changes. A smaller scope, a longer timescale, payment up front, a longer commitment, work that fills a quiet period, or a reference you both want. Any of those is a trade, and a trade protects the principle that your prices mean something. What damages you is a reduction given for free, because it tells the client the first number was invented and that the next one probably is too. Decide your floor before the meeting, in writing, and if you cannot do the work properly at their figure, say so and let the quote stand.

Talk to us about setting and holding your prices.

Book a Discovery Call
Chat on WhatsApp