Loading...
Answers
MenuAs a creative production studio, should we have different rates for different experience levels? For example, Sr. creative vs Jr? Or Sr. editor vs Jr?
This question has no further details.
Answers
Yes, that's extremely common and expected. Generally you charge 3x the rate you pay.
If you are pricing hourly, yes. You will be able to better map value and price to your customers' needs.
In my experience with designers for more than a decade you've to fix the price based on average cost of all your resources If you do it you will not be able to check the costs involving multiple resources. If you wanted to bring transparent pricing model educating your clients are challenging. Alternatively if you have enough experience to understand the resource needs with less than 2% deviation then work on different costs involved and come with a standard pricing.
Related Questions
-
Pricing strategy question: How do you determine whether to offer subscription pricing, transaction pricing or both?
As someone who has worked in pricing for almost 30 years, I know that one of the biggest myths of pricing is that you should only offer one pricing model. Offer two - both subscription & transactional. Customers will self-select &/or the market will segment, and you will quickly find out what is their preferred pricing model. As an aside, another pricing myth is that you can low-ball your pricing and raise prices later. Its successful in ~10% of attempts. By default, the choice of pricing models also states the obvious. Its not about what you want. Its about what the customer wants. And yes, you should have three choices. One choice gives you a 50:50 chance of closing the sale. Two choices forces the customer to make a price-based decision. Three choices, and the customer says "which one do I buy?" not "do I buy from this outfit?" and secondly they are forced to make a value-based decision. Also think about creating a decoy product, and on the pricing page on your website, lay the packages out dearest on the left, cheapest on the right. Happy to chat further about any of the above...or more!JM
-
How can I convince customers that we offer a fair price if we're providing a new service that does not yet exist?
What you are asking for has one simple answer: Marketing. I assume however that you would want a more specific how to guide for such marketing efforts. I won't venture in giving you a ton of possible irrelevant examples but I would like start our conversation by saying that if there is no market demand and you do have a clever useful product you need to market the emotional need and consider why it hasn't been served. When you find that this is what you leverage.HV
-
Pricing for mobile app? High price vs lower price with equal conversion rates?
If you mean the conversion rate is the same (meaning you're making a lot more revenue with the larger price), then that's the right call. If you mean that your net profit is the same but you have higher unit sales on the first price I would go for the lower price to have more customers (and more chances to have them buy an IAP eventually, or leave a good review).SR
-
How can I find clients that pay $50-100/h for web/mobile development, while even with huge experience I always get $10-15/h?
The first thing you need to do is believe you can get those kinds of rates. You question is littered with reasons why you can't - but the first question you need to ask is "Is there anyone doing development living in Brazil getting paid $100+/hour for their work" - the answer is YES. So, the better question to ask is "What are they doing different then me to get those rates?" I know I've paid for remote developers + designers at the $100/hour range, and the thing that justified it was. 1) I had a budget and have paid that kind of rate in the past 2) They're past work, portfolio, online profile, and all interactions with them world spectacular 3) They had passion for their work, almost like craftman. 4) I felt I could trust that they could over deliver on my expectations 5) They were focused on doing one thing great (ex: Mobile Design, iOS Dev, Ruby Dev) - they didn't do it all. 6) Someone I trusted vouched for them. You don't need all of them, maybe 2-3, but those are some of the things that come to mind.DM
-
If you wrote a book to send a message out to the world, is it OK to give it for free or to charge for it?
This is a hugely important question. Thanks for asking it. You have to first understand the goal of your book. Book sales are a terrible return on investment for 99.99% of authors. The real value is in growing your business and creating new opportunities for more substantial returns. You can often put the same amount of energy into selling a book (and gaining a few bucks) as you would into creating a new client (depending on your business that can be substantial revenue). So know your goals. If your goal is to use your book as a lead generator for your business, then sure, you want to make it available for sale wherever people buy books (at least online), but you want to get that book into the hands of as many potential clients as possible. So plan on giving away lots of them for free. To do that, you're going to need a printing partner who knows how to get you fantastic bulk discount rates so you're spending no more than a few bucks a book. What you also have to consider is that if your book is going to be your calling card, it has to be exceptional. Not good. Not alright. But exceptional. It has to capture the essence of you. Your voice has to resound through the writing. And it has to be a page turner. So hire the right expert or team to help to ensure you are showing off your brand in a way that excites the kind of people you want to attract. Feel free to get in touch with me for more thoughts in this direction. This is the world I live in. Big Love, CoreyCM
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.