With all that's happening in the world (election) I almost forgot that time of the year for providers. A time that happens pretty much all year around, but it happens more frequent towards the end of the year. I can only be talking about the rate increase.
Every year, it’s the same routine. Providers weigh the pros and cons of raising their rates, often asking their followers for input, but inevitably, it usually ends with an increase. Typically, they’ll announce that the rate change will take effect at the end of the month or the beginning of the new year, giving everyone time to prepare—or, in some cases, to vent about it. After all, no one loves a rate increase, even if it’s a necessary adjustment.
Usually, rate increases are small—maybe an extra $100 added to each session length. For some, this isn’t a huge deal, but for others, it can be more of an annoyance. Longtime clients often feel they should be “grandfathered in” at the old rates, and it doesn’t always sit well when they’re asked to pay more for someone they’ve been seeing for years. However, it’s worth remembering that it isn’t up to us whether or not we’re grandfathered in.
These two providers are just a couple of examples of those who’ve raised their rates. As frustrating as it may be, it’s important to recognize that we have no control over how much or if providers increase their rates at all. There are reasonable explanations for these adjustments: to prevent burnout from seeing too many clients, to help cover marketing costs (like Eros ads, which I believe are around $500—correct me if I’m wrong), or simply due to increased demand as they become more popular.
Whatever the reason, providers ultimately have the right to set their rates as they see fit. The best we can do is adapt and hope they might lower their rates again if the increase doesn’t yield the results they want.
