Great Blog Posts about Pricing You - Part 1

We’ve found some great posts on about pricing your services. These posts will give you enough information to understand a great set of factors to consider when you develop your pricing structure.

How do you make sense of it all?

Create a Factor Template with FactorHub, and put all of this advice in action:

Jon Bergan wrote this great post about failure and shows many correlations with the price you set:
Top 10 Reasons Why Many Freelance Designers and Fresh Start Up Design Firms Fail

1. They undercharge for the amount of work they’re completing
I’ve known countless freelancers who work 60 hours a week for a single client, but bill them for 20.

2. They undercharge for the value of their work
Some of those same people charged $20 an hour because the client winced at the $25 an hour rate they originally proposed.

3. They do not charge for project variations
Dreaded “scope creep” – or how my services business went South and burned me out…

10. They do not provide adequate customer service
Service is a three faced word: Service Before, Service During, and Service After. For your rate to make sense, you do have to deliver on a level relative to your rate.

Steven Snell lists most of the general factors that you really need to figure when making pricing decisions. The hard part is figuring out exactly how much to charge as you evaluate each of your clients.

These factors should remind you of the main reason you are in business for yourself: Sustainability. If you can not evaluate every factor that affects your business in both the short and long term and arrive at a consistent price – your business will not be sustainable.

Factors to Consider When Pricing Design Services

FEATURED ARTICLES

Friday 13 February 2009 How to Avoid Meetings with Disorganized Clients One of my pet peeves is spending too much time in unproductive meetings, especially at client sites. You might think that is odd, especially if you bill by the hour – because you are getting paid just the same. more...

Friday 13 February 2009 Why not align your bill rate with your social/political agenda? You have probably heard of Socially-responsible investing. Basically putting your money where your mouth is. How about for your own bill rate? more...