Cost of projects for freelancers and agencies owners: Effective Strategies

Зображення до статті Cost of projects for freelancers and agencies owners: Effective Strategies
Зображення до статті Cost of projects for freelancers and agencies owners: Effective Strategies

One of the most difficult aspects of the digital agency or freelancer-convene is setting the cost of projects. The article deals with three basic approaches to determining the value: fixed price, time and material costs, as well as value values.

💡 Each of these approaches has its advantages and disadvantages that can help you make a better decision for your business.

  • 📌 Fixed pricing is usually preferred by customers as it reduces their risk and makes it easier to compare competing offers.
  • 📌 Time and materials pricing is a fairer system when the client pays only in time.
  • 📌 Value -based values ​​are to base your value for the value your work will generate for the client.
🧩 The result: none of these methods is ideal, but a combination of everyone can lead to success.
🧠 Own considerations: adaptation to the needs of the client and flexibility in determining the cost can be a solution for challenges related to the cost of projects. Before setting the price, it is important to discuss with the client his "appetite", or his / her willingness to invest on the basis of the expected return for his business.