As a freelance writer, setting your rates mean a lot in defining your success. As competition stiffens in the market, having the best freelance writing rates is the only way to gain advantage in the industry. A recent disturbing trend in freelancing industry is how freelancers from some countries, particularly the less skilled freelancers, are committed to work the rates far below average.
So, how exactly do you set your freelance rates?
This is one big problem that most freelancers experience. Due to the fast changing trends in the freelance writing industry, many freelancers are tempted to lower their rates in an attempt to win jobs. For professional writers however, this is not the best way to go. To set you freelance writing rates appropriately the following tips will be very beneficial:
- If possible, have a website that lists all your rates. This gives you a more professional look.
- Maintain consistency. This make you stand out from the pack thus keeping you in a league of professionals.
- Learn to request up-front payments for all task you undertake.
In freelance writing the setting consistent rates will normally give you an advantage over other less skilled freelancers who are out to dilute standards in the market. The following tips will definitely help you decide on the best freelance writing rates;
- Have realistic rates
You can do this by first of all surveying the current market situation for the trending rates. Added to this, you need to value your skills alongside your charges. Do your skills measure up to the rates you quote?
- Factor in time
For how long will you be dealing with the particular task? This factor will assist you determine the right rates to charge for particular tasks.
- What content are you writing on?
Different tasks will require varied levels of commitment and research. An understanding of this will help you rate tasks differently and still remain quite professional. Some of the standard freelance writing rates for different content are as follows:
- For web news content charge between $15 – $50 per page
- For e-book content charge between $15 – $25 per page
- For magazine content charge between $600 – $2000 per article
This should give you a picture of what the rates are like per content.
What about new freelancers?
Setting your rate competitively can be quite a challenge, especially if one is new to freelance writing. Here are some of the tips that can help new freelance writers set their charges appropriately.
- Figure out your overall worth
- Be honest and trustworthy when raising rates
- Be very generous to clients
These tips are very vital in determining the most appropriate rates that will keep you very competitive and relevant.
Setting the best freelance writing rates might be such a daunting task. Having the right knowledge on how to set your freelance rates is an advantage. It gives your potential employers an idea of your skills and experience.