I sincerely believe that most creatives find it difficult to set their rates.
So, let's talk ... 🎶 money, money, money, Must be funny, In the rich man's world 🎶 (I'm sure you're humming the Abba song in your head too 🤣 )
And today I feel like doing something about it...
Maybe you think 👇
💬 "When I have to announce the price of my services to the Client, this is really the part I hate and feel uncomfortable 😞" 💬
Don't worry, we've all been there! And you know what? It's perfectly normal!
As you'll see, there are several tips for setting your rates. Choose the one you feel most comfortable with right now in your creative journey! You will learn, change and adapt your rates as you go along.
I hope in any case that this article will bring you a different vision in your relationship with your rates and that it will allow you to be more serene and confident in front of your Client at the fateful moment of disclosing the famous amount.
So take a little matcha, get comfortable, and let's go my kiki, I explain everything while trying to show you that everything is possible 🤓
Watch the YouTube video: 5 tips - How to set your rates
On the channel, I talk about Webflow, Design and Business and if you're interested in the topics don't forget to like and subscribe to the channel.
What is an hourly rate?
How to set your rates based on the hourly rate?
What is an average daily rate?
How to set your rates based on the Average Daily Rate?
What is a fee per service?
How to set your rates based on the number of services?
What is a project fee?
How do you set your rates based on the project?
What is a value-based rate?
How do you set your rates based on value?
👉 1. Question #1: Is this a very short service?
YES = "Value or service rate"
NO = "Average daily rate"
👉 2. Question #2: Does the Customer know exactly what they want?
YES = "Value or service based rate"
NO = "Hourly rate"
👉 3. Question #3: Will this be a long-term project?
YES = "Average Daily Rate Tariff"
NO = "Value or Project Tariff"
👉 4. Question #4: What value do you think this project or service will bring to your Business?
Will it represent your work well?
Does it bring value to your portfolio?
Do you want to attract more Clients of the same style?
Will you learn anything from it?
Will you grow personally from this project?
✨ Tip #1: Money versus its Mindset.
✨ Tip #2: Money is a Tool
✨ Tip #3: Your rate doesn't represent you.
Now you know that all work deserves to be paid what it is worth. A rate doesn't represent you or your worth, it represents the work you've done.
And my final Tips for today 👉 get a no from your rate announcement? Consider it okay! Your rates can't be right for everyone, it would be right for anyone!
There is no point in selling off your prices to match a competition that does not represent your work at all! Bring a value that can only be found in your company.
You now have all the keys to set your prices correctly and with full knowledge. Don't forget that calculating your rates is above all a mix of strategy, experience and mindset!
Got a little question? Pause it in the community!
How? Join for free during 10 days the Happy.webacademy's Accompaniment Program to create your Creative Business with Webflow and access to a private library of ouffissimes resources 🤪
(And yes, you read that right! It's free)!