Sell Your Services at the Right Price
Setting a price for one’s skills in many freelance job markets is one thing that new freelancers should always take care of. For sites that let the freelancer sets hourly rates, a newer freelancer should take care not to set their prices high. As a blogger, I find this also applicable in setting blog prices.
What should be my right price?
One good thing about online job marketplaces and paid blogging sites is that most of the information is transparent. It is easy to see the profiles of other freelancers offering the same job with their hourly rates posted out on most online resumes. Some freelance sites even offer information such as graphs and charts based on the pay rate of their active members. In one site that I’ve been working with, there is a suggested range of prices for each blog post that I can choose from.
photo credits: conmani (SXC)
The price is used for clients to handpick their freelancers. Clients often prefer freelancers who are in the middle of both extremes of high and low priced services. It is not true that the cheapest freelancer gets to do the job, because quality is often an issue in this case. The most expensive freelancer may also turn off the client, because there are other freelancers who can do the job. In the end the freelancer that gets the job is the one that is not too expensive and too cheap either, and delivers the sufficient quality of work that the client expects.
ed
July 20th, 2008 at 10:30 am #
I agree with you on this. Just like a guitar string, if it’s too too lose it won’t play, and if too tight, it will break. It has to be just right.
Gem
July 20th, 2008 at 11:00 am #
@ed
Hi! I like the comparison using the guitar string. Getting the right string tune is truly important!