Setting Your Price as a Freelancer
| Nine Factors to Consider When Determining Your Price |
| Part guesswork, part experience, part number crunching - how ever you look at it, determining your price is a difficult task. Here are nine factors to take into consideration: |
| 7. Your Business Strategy |
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Give it lots of thought
The more you think about your reasoning behind your price, the easier your quoting will become. Like all these things there is a large amount of trial and error and often you will find yourself constantly changing up your pricing and gauging the ratio of jobs lost to jobs won.
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Here is a great article over at Freelanceswitch.com, a site that is really helpful if you are considering going out on your own. You should be careful when setting your prices. You don’t want to sell yourself short. The market loves cheap services, but can you survive by charging less than the rest? When it comes down to it, you are freelancing so that you can make a better life for yourself, not more headaches.
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