How to Price Yourself As A Freelancer?

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Pricing is a big factor in your venture into the world of freelance duties. Have you ever thought how you should handle this matter?

• Charge at a fixed rate?
• Charge by project?
• Charge by working hour?

However, there are also other factors such as location, timing, your level of desperation, etc. This article will try to discuss the core footsteps that you should think about when you deciding your pricing scheme.

Freelance work is not something that you buy from market or something like a fixed product. The clients may ask you as they walk into your shop and you showcase all your products from the shelve. In reality, the product is a part of you. You are not buying this product from somewhere else and resell it like what you did for common goods.The freelance work you do comes right from your brain, straight out of your heart. Every piece of projects you do, it is completely yours. As you have used your own mind and experience to realize it in reality.

Most of the freelancer may think that pricing based on hour basis calculation is the easiest and straightforward. However, think about the fact that, as days pass by, you will get more and more expert in your chosen field, as skill is only enhanced with time and regularity of implementation.

As your skill is enhancing, you will require putting less time than before to complete the project. For example, think about a freelance programming project in your favourite language, at the start may be you need a day or two to finish up the whole thing. Now you’ve become so experienced and expert that it may only take about an hour or two to build up the project; so now you see, if you calculate by time, you will be paid less than before, thereby reducing your overall income.

The best deal is to claim your price base on the work you are doing. Depending on the complexity of the project and an estimation of how much effort you need to put. If you really charge on hourly basis, you are not only downgrading yourself, but also failing to absorb the benefit that the enhancement of skills brings to a freelancer.

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