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What is a fair price?

by Gabriel Morgan
11 replies
I'm new to negotiating what my time is worth and I'm looking for the ballpark of industry standards for certain things.

Someone is quite in love with my ability to proofread and format their copywriting. They've asked what my fees would be for press releases, articles, and LinkedIn optimisation (I am not sure what the last means).

What would you charge? The work is for an English-Second-Language person whose English is not bad, but the grammar needs work and sometimes different words need to be used, and some sentences rewritten. I think I spent around a half hour on ~700 words. If that seems like a long time to anyone: I'm dyslexic, ironically, and have to focus intensely on what I'm reading and writing.
#charging #fair #fees #price
  • Profile picture of the author Michael Ten
    I think you should determine what an hour of your time is worth and what should be charged per hour, or what you want to make per hour, and/or what you can get per hour, and then charge about half of that, if you are spending a half hour on a task.
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  • Profile picture of the author SykkBoy
    If they are already pre-sold on your abilities, this gives you room to ask for a little more. I generally charge my clients flat rate...then I can go through and double check my own writing, do some polishing and brush up work and not have to worry about what I'm billing them for versus not billing them for...
    That being said, you need to know what your time is worth and how long it will take you to compete the assignments to determine the flat rate.
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  • Profile picture of the author bmessick
    Hi Gabrial,

    I don't know if you have a web page or not, but I do for my services and I've also included a tab for my rates. Some freelancers may not agree with posting rates or pay ranges, but my thought is it eliminates having to negotiate price for every little project with a client. Either they can afford you or not.
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  • Profile picture of the author GlobalMedia
    I have observed that different projects demands different prices. Hence, it will be better for u, if u first assess ur work and then rate the price accordingly.
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  • Profile picture of the author stepman77
    You should be knowing that since we can't come to know about someone's sincerity.
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  • Profile picture of the author rougemaster
    Originally Posted by Gabriel Morgan View Post

    I'm new to negotiating what my time is worth and I'm looking for the ballpark of industry standards for certain things.

    Someone is quite in love with my ability to proofread and format their copywriting. They've asked what my fees would be for press releases, articles, and LinkedIn optimisation (I am not sure what the last means).

    What would you charge? The work is for an English-Second-Language person whose English is not bad, but the grammar needs work and sometimes different words need to be used, and some sentences rewritten. I think I spent around a half hour on ~700 words. If that seems like a long time to anyone: I'm dyslexic, ironically, and have to focus intensely on what I'm reading and writing.
    a fair price is the lowest your willing to go and the highest their willing to pay
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    • Profile picture of the author Rigmonkey
      It's all about what you can bring to the table to make your services worthwhile. Don't fall into 'rates' if you can avoid it. Price your work in terms of the value YOU place on it and if your client refuses to pay, let them go ahead and see what type of job they get from a cheaper writer.

      They usually come back once they've seen the pitfalls of dealing with your competitors anyway. If they don't, they'll always be looking for a cheap deal and personally, I can't be doing with clients like that.
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  • Profile picture of the author Mitt Ray
    It's best to bill them per hour. This way if there are too many mistakes it's going to take longer and if there are very few you can finish it faster.

    If you charge per hour you can be sure that your getting paid the right amount for all the time and effort you have put it. Normally proof-readers charge anywhere between 10 and 20$.
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  • Profile picture of the author ckatheman
    You will typically not want to write for less than 10 dollars per page. If you are just getting started (some will disagree with this), you can write for less - and maybe use a site like Fiverr - but only for the expressed purpose of gaining testimonials.
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  • Profile picture of the author Alex Peltonen
    Here's my personal take on that. Check how much will you be spending on them per hour and think of how much your service is worth and simply add it up. I completely understand what you're talking about and for this kind of job, I'd say $15-20 per hour is fair. You've got experience and they're willing to pay and I think this is just right.
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