What Is Price Transparency?

WHITO GLOSSARY · MEASURED DEFINITIONS

Publishing what you charge where buyers can read it. Only 45.5% of 200 independent UK small business websites publish any price at all, and 0 of 20 plumbers checked publish a single figure.

The number: UK Price Transparency Study.

What it means in practice

Most of your competitors hide their prices. That is not a reason to copy them; it is the gap. The firm that publishes a price answers the question every buyer asks first.

Publish a from-price with what it includes. You will lose the buyers who could never afford you and keep the hours you spent quoting them.

Whito stage: Start. Get this right before spending on channels.

The numbers to hold onto

Where to go next

Related: Rate card, Photography day rate, Advertising ROI

All terms · The files behind the numbers