Bolanle Ibitoye-Aaron Profile picture
Jul 20, 2022 11 tweets 4 min read Read on X
Aside from " how do I get clients?"( No 1 question many people ask),
" How do you determine your price?"
"How much do you actually charge for ---?"
"What factors do I consider when setting my price as a freelancer?" are the next questions freelancers ask.
Here's a thread for you
There is a lot of secrecy around what people earn and how to figure out what you should charge by following the patterns of those ahead of you. Truth is, there's no one way to do it. Neither does the copy and paste model work. There are several factors guiding what you charge...
and how you charge:

✔ Experience/expertise level
✔ industry or niche
✔ Scarcity or abundance of experts like you
✔ Your business skills
✔ Your money mindset
✔ Your location
✔ Your business structure
✔ Your aspirations and needs
✔ Your self-worth and esteem.
That said, here's my attempt at helping you cross the hurdle and find a ground to charge what you are worth without fear or worries about overcharging or undercharging.

1. Calculate your monthly living costs — How much do you need to live on.
2. Calculate your monthly business costs — How much you spend to run your business. this is why separating your business from yourself is important.
3. Sum up the costs from steps 1 and 2.
4. Determine how many hours you want to work weekly or monthly
5. Stick to the price and target clients that suit your price
6. Break down the pricing to fit different models — per hour, per word, per project.
7. Reach for the stars — aim for more.
Regardless of your field ( graphic designers, UI/UX, developer, Accountant, etc) this breakdown works for all types of freelance services.
#uxwriters #copywriter
Do you need a UX writer for all types of UI copy to enhance your conversion with a user-focused copy? Send me a dm.

• • •

Missing some Tweet in this thread? You can try to force a refresh
 

Keep Current with Bolanle Ibitoye-Aaron

Bolanle Ibitoye-Aaron Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us!

:(