Freelancing: How to manage your pricing rates
Managin and calculating your pricing rates is a tricky issue for any freelancer. Defining rates depends on a number of factors which can help determine what prices you will display. In order to accompany you throughout this task we offer you a handful of articles and valuable advice to better manage your rates.
Charging by hour or productivity?
It’s a big question where the answer depends on many elements such as your area of speciality or your experience. But many other factors should also be taken into consideration when deciding whether to charge by the hour or projects… Discover How to position yourself and decide how to bill your work.
How to set your hourly rate
To start off well as a freelancer, it’s essential to know a certain number of general tricks to help you set your hourly rate. Here are a few key pointers to help you set your rates.
How to convince your clients to bill you by the hour?
Opting for an hourly billing method must be a justified and justifiable choice. But how can you persuade your customers to adopt an hourly payment method? It’s not easy in the beginning, but this article on the negotiation of a contract by the hour, will help you get a few ideas.
Never negotiate your hourly rate!
This is one of the main commandments to respect as a freelancer! Many things can be negotiated, but not your hourly rate. There is a minimum threshold below which you simply should not and cannot accept to work. Discover what arguments you should use to set and enforce a minimum hourly rate.
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How to justify a “higher than the general market” rate?
Freelancer rates around the world are extremely flexible. In fact, the notion of a “market price” is somewhat wrong here. Many are those that offer very high prices, and rightly so for most of them. It’s thus indispensable to put forward arguments to justify higher rates, which we invite you to discover.
Should you charge extra for an urgent job?
The normal answer would be yes, even if managing your rates according to a given deadline is difficult. We’ll explain why, how and according to which criteria can you charge extra for an urgent job.
How to increase your hourly rate with existing clients?
It is inevitable that as you gain experience with more achievements and projects, that you should increase your rates accordingly. Granted, it's a delicate subject as you may be afraid of losing a client or lack self-assurance, but it's something that you should do... But don’t panic, we invite you to read our instructions to increase your hourly rate with your existing customers.
Billing your projects and trial work
While many pricing rules must be respected, be careful not to neglect the time spent preparing pre-projects and other trial versions. But how should you charge for these design phase projects and at what rate?