One of the most difficult decisions if you’re a freelancer or soon to be business owner with your very own product; is price. How much are you going to sell it? How much would your customers buy it for? Is it too little? Is it too much?
Well, one of the sure ways is of course seeing your product not sell or sell like hot cakes. But did you know there are some others signs in telling if you’re definitely charging too little?
The Top Ten Signs You May Be Charging Too Little from FreelanceSwitch is a helpful guide while it also tickles your funny bone.
Number 10
Your client mistakes your daily rate for an hourly one.
Number 9
You’ve won every job you’ve ever pitched for.
Number 8
Even though you work 80 hour weeks your income level qualifies you for welfare payments.
Number 7
New clients are always asking what “the catch†is.
Number 6
Clients pay your invoices in cash from their wallet.
Number 5
Other freelancers regularly send you hatemail.
Number 4
Your old clients don’t even bother asking you how much something is going to cost.
Number 3
You never run out of work, yet you are subsisting on baked beans and 2 minute noodles.
Number 2
Your 12 year old brother earns more spending cash than you flipping burgers.
Number 1
Companies have been calling from India wanting to outsource their work to you.
I would like to add to the list:
- New clients would say, “But you only charged $$$ for (ex-client) when you did it.”
- You’re bound to hear word spreading, “They just use pre-made templates.”
- Or they might say, “I bet they are using pirated software.”
- Or in a Malaysian way, “They must be using ‘Malaysia made’ software.”
Simpleet Solutions haven’t so far gotten any of the symptoms above but I personally have received hate mail before. Hahahaha…
Well, don’t stop reading at the top ten signs of charging too little. Get a blast out of reading the top ten signs of charging too MUCH! And if you have any other signs of charging too little or too much, share them in the comments below. :)