The old pricing paradigm
It’s been a while since I ventured to write on this topic, but a recent revelation has brought me to the point where I must ask a question:
In an industry for which there are no discernible standards of any kind, how does one arrive at a price for their services?
I learned from a friend that somebody that I used to know has, despite frequent and vehement protestations to the opposite, taken up with a certain BNP and is charging $160.00 per hour for Tarot readings. Granted, that breaks down to $80.00 per half-hour session, but most industries base their data upon hourly rates, and so shall I.
I suppose in some respects the actual amount of money is not the point of my query, but it is worth noting that $160.00 per hour is a phenomenal rate of pay. According to data from the Australian Bureau of Statistics, an anaesthetist earns on average $124.10 per hour, and that’s pretty much the highest rate of pay in the country. Perhaps I should add legitimate rate of pay. I understand that there is an award rate for anaesthetists.
No, the point of my query is how one arrives at that specific rate for that specific service. What paradigm or point of comparison was used to arrive at the rate of $160.00 per hour?
I can’t speak for other people, of course, but I am of the opinion that in order to justify the outlay of a significant quantity of money there needs to be some sense of value in the transaction. I might pay a little more for better seats at an event, for example. I might pay more for additional features on a motor vehicle. But when it comes to services such as Tarot readings, the concept of value for money becomes a little blurry. In days of yore one might have crossed another’s palm with silver in exchange for their divinations. That, in today’s money, translates to a few bucks, as far as I’m concerned. I personally have been the recipient of this particular individual’s tarotic deliberations and can attest to their mediocrity. I’ve had a number of readings done over the years and very few have been particularly impactful. I suspect that this person will sex things up a bit when there’s hard cash in the offing but does that represent value?
It is my contention that people in the business of making a career out of their (or others’) spirituality feel as though they can charge whatever they like for their services. In my previous articles I have made clear my view on these practices. I believe it is unethical to charge $80.00 to spend 30 minutes talking about one’s interpretation of the Tarot. People who save lives for a living don’t have the audacity to ask that much of their clients. People who have earned the highest qualifications and dedicated their lives to the betterment of themselves and other people don’t charge that much. To my knowledge the only others who feel as though they can charge whatever they like for whatever they do are criminals, CEOs of large multinational corporations, record company executives and charlatans. They all conform to the “old pricing paradigm”: