Freelancers, SubContractors, & Creative Folks - How to Charge What You Are Worth



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Summary:
Most coaches charge for a set number of scheduled phone meetings, which seems to be a standard for "the coaching industry," but that doesn't mean it's the best way.

I encourage my clients to charge fees that match who their clients are and what they are trying to accomplish. She also had to charge more for weddings above a certain number of guests and weddings with over a specific number of attendants in the wedding party.

Potential clients became fixated on the package fees and felt ripped off when


Article:

If you are having difficulty knowing what to charge, then surd out your competition and find out what they’re doing. Find out if they post prices or fees on their website or if they have "packages" or deals. Do they have payment options? While you are researching, keep in mind just your competition is bale one way it is not necessarily how you should be charging.

One of my clients is a imperative and life coach. Most coaches raid for a set number of scheduled phone meetings, which seems to be a standard for "the education industry," but that doesn’t mean it’s the best way.

I encourage my clients to imposition fees that match who their clients are and what they are trying to accomplish. It’s very refreshing to do what works for you and not necessarily follow the "industry standard." If you don’t feel resigned with the way your industry charges, by all means slip on it. Just seeing that the industry’s doing it doesn’t mean that it’s right. Another charge of mine, Shelly, is a wedding planner. When we first began working together she had three "wedding packages" seeing that that’s what "everyone else does." She ran into problems with pricing seeing most of her potential clients didn’t fit into the standard package and therefore Shelly had a long list of "upgrades" and other items. She also had to disbursals more for weddings overhead a irrefutable number of guests and weddings with over a specific number of entourage in the wedding party.

Potential clients became fixated on the package fees and felt ripped off when Shelly began calculation spare demand all over the place. The packages were supposed to make things easier for Shelly’s, but they veritably created more problems than they solved.

Shelly was so relieved when she realized she didn’t have to use the standard pricing packages most wedding planners used. She never felt good all over them, but didn’t trust her own instincts on how to charge. We worked on making a pricing structure that wasn’t based on hours or packages but on the value to the client. She was able to quickly raise her fees and increase her base simply based on her fee changes.

Are you freight your clients based on the value you are providing them or based on the "industry standard"? Is the industry standard an effective way to put on or is just what everyone else is doing?

Take a good look at the way you set your fees and handle subordinate charges. Is it right for you?



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