How to price your freelance design work

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Value For Money How to price your

freelance design work

You are NOT the hours you work

So your clients are paying for value

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1 Pricing

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1 Pricing

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1 Pricing

Negotiation

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1 Pricing

Negotiation

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1 Pricing

Negotiation

Increase Your Value

Pricing

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What is your break-even rate?

The honest truth

You don’t work everyday

The honest truth

You don’t work everyday

You don’t really work 8-9 hours a day

The honest truth

You don’t work everyday

You don’t really work 8-9 hours a day

You have meetings, emails, and lunch time

The honest truth

You don’t work everyday

You don’t really work 8-9 hours a day

You have meetings, emails, and lunch time

You pay taxes

The honest truth

You don’t work everyday

You don’t really work 8-9 hours a day

You have meetings, emails, and lunch time

You pay taxes

You need to put some money away for pension and savings

The honest truth

You don’t work everyday

You don’t really work 8-9 hours a day

You have meetings, emails, and lunch time

You pay taxes

You need to put some money away for pension and savings

You have business costs like your computer and software

The honest truth

You don’t work everyday

You don’t really work 8-9 hours a day

You have meetings, emails, and lunch time

You pay taxes

You need to put some money away for pension and savings

You have business costs like your computer and software

You may have some downtime without clients

The honest truth

You don’t work everyday

You don’t really work 8-9 hours a day

You have meetings, emails, and lunch time

You pay taxes

You need to put some money away for pension and savings

You have business costs like your computer and software

You may have some downtime without clients

The honest truth

Creative Work Time + Management Time + 20% Buffer Time =

Estimated Project Time

(Estimated Project Time X Break-Even Rate) + Other Project Expenses =

Project Cost

Now add the ME factors

How interested are you?

Thinking long term

Three Packages Technique

Negotiation

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How Much Am I Worth?

Win-Win

Win-Win

It’s not just the price

Timing (start and finish)

It’s not just the price

Timing (start and finish)

Number of revisions

It’s not just the price

Timing (start and finish)

Number of revisions

Number of payments

It’s not just the price

Timing (start and finish)

Number of revisions

Number of payments

The services (the three packages)

It’s not just the price

Timing (start and finish)

Number of revisions

Number of payments

The services (the three packages)

It’s not just the price

The Four Negotiation Phases

Before you even talked1

on LinkedIn?

Maybe on Facebook?

Or Instagram?

Tinder?

Yellow Pages?

Shine your online presence

The first meeting/call2

The proposal call3

The Perfect Proposal

Bank of Alternatives

Sealing the deal4

Client: Can you cut it by 50%?

Client: Can you cut it by 50%?

Me: nope. But you should go with my competitor. He’s cheaper :)

Client: Can I have a small discount?

Client: Can I have a small discount?

Me: I see your budget is limited. Let’s decide what we can get rid off.

Client: ______

Client: ______Me: Hi [Client’s name],

I haven’t heard back from you on [project/opportunity] so I’m going to assume you’ve gone in a different direction or your priorities have changed. Let me know if I can be of assistance in the future. Regards, Lior

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Increase Your Value

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1 Your skills

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1 Your skills

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1 Your skills

Brand

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1 Your skills

Brand

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1 Your skills

Brand

Service quality

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1 Your skills

Brand

Service quality

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1 Your skills

Brand

Service quality

Learn your client’s business

How to increase your value even MORE?

How to increase your value even MORE?

1. Understand their business (ask questions, do your research)

How to increase your value even MORE?

1. Understand their business (ask questions, do your research)

2. Look for problems/needs

How to increase your value even MORE?

1. Understand their business (ask questions, do your research)

2. Look for problems/needs

3. Teach them everything you know

How to increase your value even MORE?

1. Understand their business (ask questions, do your research)

2. Look for problems/needs

3. Teach them everything you know

4. Tell them what they shouldn’t do

How to increase your value even MORE?

1. Understand their business (ask questions, do your research)

2. Look for problems/needs

3. Teach them everything you know

4. Tell them what they shouldn’t do

5. Learn how to charge for extra value

Help them solve THEIR problems, and they will HAPPILY pay you more

Thank You

Lior Frenkel www.thenuschool.com

Thank You

Lior Frenkel www.thenuschool.com

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