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Contract Worker - Freelancing Experiences

4 Factors When Considering Your Price

by Rico on August 16th, 2008

All Freelance lists 4 factors to consider when setting a price, discussing them in some detail. In addition to everything listed at Pricing and Positioning Amongst Other Freelancers, I think freelancers should approach pricing on a case-to-case basis. No doubt, formulating and following a set of prices for a certain kinds of projects will make negotiating a price much more straightforward, but the freelancer has to be aware of any extra factors that may add—or even deduct—from the final price.

Examples include a request to be on call 24/7, or to concentrate exclusively on a certain project. No doubt, the price for these setups will be steep. Conversely, you may charge less for a project if the requirements are very similar to a previous one, so much so that only minor modifications are needed. You may make less, but the goodwill built with the client (”hey, he’s not charging so much for a little tweaking!”) may turn out to be priceless

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