I am a blogger who moonlights as a digital nomad and freelance digital consultant which is a fancy way of saying I know my way around some parts of the internet and you can outsource my skillsets.
One thing that has always been hard is pricing my services when someone asks how much I charge for something…
Sometimes I can try and figure out what sort of budget the person enquiring is working with then make an appropriate adjustment.
Other times I enquire from peers who might offer a similar service and ask how much they charge, to see if there is a going standard.
How much do people charge for articles, to write one, to edit one? To write a script? To review a service or product? To promote an author’s upcoming book? To share an artist’s latest music? To put an advertorial on your blog? To ghostwrite? To (re)design a blog? Run a social media campaign? To mentor a class of bloggers? To Retweet on Twitter?
Most times I wish I had a business manager who handled that aspect of things and negotiated payments and rates and made sure people appreciated the value they were getting, because most times creatives get dealt bad rates…
“Pricing is both a science and an art” to quote from an article by Jessie Lewis on How To Price Your Services As A Freelancers boils down to the following takeaways:
•Figure out how much your time is worth, the scope of work and how much time you will spend working on a project.
•Then you factor in the value you are going to create by doing the project.
*some content creators use word count as a metric e.g 10cents a word, some freelancers have an hourly rate e.g. $50 per hour
•A reasonable pricing system will encompass all of this for example simply because I can perform an action in five minutes doesn’t mean I did not put in the work, it has taken me years of work to be in a position I can do that, otherwise, you would not have come to me, you would have done it yourself if it were that easy.
I am still learning to navigate these murky waters and would love your thoughts