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Your Freelance Writing Rates are too high

Have you ever been told that your freelance writing rates are too high? If not, it is safe to say that you are not charging enough for your services. When it comes down to it, there will always be clients who do not want to pay you what you are worth. Instead, they will want your high quality but at a lower price. The question is: what are you going to do when a client tells that you that they cannot afford you?

Believe it or not, many freelance writers take this as an insult. In other words, they let clients dictate future rates. No matter what you are told, you are allowed to charge whatever you feel is fair for your services. Of course, if you charge too much you will never find any new clients, but this is still within your rights. Even if a few potential clients tell you that you are charging too much, it does not necessarily make them right. You may want to consider their suggestions, but in the end you need to make the call on whether or not you change your rates.

How do I know if my freelance writing rates really are too high? Simply put, if you are charging an enormously high amount you are going to find it tough to obtain even one client. The market will more or less tell you how much they are willing to pay for your services, as well as those offered by other writers. But to go along with this, keep in mind that the market is huge. One buyer may feel that $10 is fair for a 500 word keyword article. Another may have no problem paying in upwards of $100. This is what can make it so difficult to determine whether or not your freelance writing rates are reasonable.

You should never be afraid to experiment with your rates. If you are not obtaining any new clients because they all say you are charging too much, negotiate down a bit. Just make sure that you keep your overall hourly rate in mind when doing so. On the other side of things, if you are receiving a lot of new work and clients are telling you that your services are a “bargain” you may want to consider increasing your rates a bit.

One of the most difficult parts of becoming a successful freelance writer is learning how much to charge, and how much clients are willing to pay. Once you become comfortable in these areas you will find it easy to maximize profits while regularly signing up new clients.

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6 Comments »Freelance WritingJune 24th, 2008

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