Creative COW SIGN IN :: SPONSORS :: ABOUT US :: CONTACT US
BUSINESS AND MARKETING: Business and Marketing ForumBusiness and Marketing ArticlesBusiness and Marketing Podcasts

Re: Quote Today

Cow Forums : Business & Marketing
VIEW POSTS   •   ADD A NEW POST   •   SEARCH   •   CHANGE FORUM
Respond to this post   •   Return to posts index   •   Read entire thread


Re: Quote Today
by Brendan Coots on Jan 26, 2008 at 5:18:53 am

There is a very easy answer for this. Don't play the "for you my friend..." method of pricing. Figure out an hourly rate for each aspect of your service offering, basing it on real-world things like:

- What is your annual salary requirement? How many hours can you realistically be working per year? Do the math to get the hourly rate for your personal time
- Equipment fees - how much did your gear cost, and how long can it be used? Figure out how many useful hours you'll get out of it and again, do the math to figure out your recouping costs
- How much will you spend on expendables, rent etc.?

Good pricing should be based on a formula that represents real-world costs and needs. This way, you always know your pricing is fair, repeatable and competitive. In this regard, I disagree with some of the other posters here who say "charge high, you're worth it!" Until you do the math, you won't KNOW how much you're worth.


Brendan Coots

Splitvision Digital

www.splitvisiondigital.com


Respond to this post   •   Return to posts index   •   Read entire thread


Current Message Thread:




Note: If you are a registered user please click here to login before posting.

Your post will not be accepted if your name and email address are not registered in our database. Click here if you do not have an account.

Name
E-Mail Address
Subject
E-Mail me when someone responds
Just This Message   Entire Thread   None  

Message:



Note: The following are HTML characters and may cause parts of your post to disappear if not used correctly: < > &
To include any portion of the post in your response, highlight the desired text and hit the "Q" key. Read more...



Add your message signature


 


Note: By clicking "Post Direct" button above, you are agreeing to the Creative Cow's Code of Conduct.



FORUMSTUTORIALSMAGAZINETRAININGVIDEOS - REELSPODCASTSEVENTSSERVICESNEWSLETTERNEWSBLOGS

© CreativeCOW.net All rights are reserved.

[Top]