So far no one has mentioned the competition and what they change (not  
the el cheapo folk).

Are you better than Craig? Do you charge more or less?

Steve

On 16/03/2009, at 4:42 PM, Julio Cesar Ody wrote:

>
> I tend to agree. But the definition of good and what's worth more is
> directly proportional to your client's ability to perceive things the
> way you do (adjustable through marketing), and how much money he has
> in his pocket (not adjustable).
>
> Think of this scenario: there's you, for  $50/hour, making slick
> stuff, well balanced, scalable, etc. Then there's el cheapo's websites
> for $10/hour. So your task now becomes: explain why you're worth 5x
> more. Now between us here, I know damn well why you're worth it, but
> your customer may not share our view of better. Or at least not enough
> to justify the increase. Then you'll find yourself haggling.
>
> In a good economy such as what we have here in AU, that's not so
> easily perceived . Put it simply, people/companies have more money in
> their pockets, and they're mostly willing to afford what's better.
> Change that, thanks to a recession, and your demographic suddenly
> becomes a lot smaller, competition ensues, and voila: rates will have
> to go down.
>
> That's my theory. I'm happy to hear counterarguments.
>
> ps: the human game of haggling is what usually puts me off of  
> freelancing.
>
>
> On Mon, Mar 16, 2009 at 4:16 PM, Mike Bailey <[email protected]>  
> wrote:
>> Money is only one component of price.
>>
>> I see pricing a job as a game of snakes and ladders. Here are some  
>> of the
>> things I take into account when setting a price for a job. My  
>> clients have
>> always been keen to include as many "ladders" as possible in order  
>> to get
>> the best rate.
>>
>> # Ladders
>> * Quick payment
>> * Flexibile hours and ability to work remotely
>> * Working with smart people
>> * Ability to release work as Open Source
>> * Working on things I want to learn about
>> * Work I see as worthwhile
>>
>> # Snakes
>> * Long payment terms
>> * Distracting work environment
>> * Frustrating beaurocracy
>>
>> The most enjoyable project I worked on recently was for a Not For  
>> Profit
>> after the bushfires. It was all ladders and I set my rate at $0.
>> Unfortunately I'm not in a position to do all my work at this  
>> rate! :-)
>>
>> - Mike
>>
>> On Mon, Mar 16, 2009 at 3:15 PM, Craig Ambrose <[email protected] 
>> >
>> wrote:
>>>
>>> Hi everyone,
>>>
>>> I'm not sure if anyone else is feeling like business is a little
>>> different to what it was a couple of years ago. I'm a bit concerned
>>> about it, and I've decided to drop my rates fairly dramatically. I'd
>>> be interested to hear what others are doing. More on my thoughts  
>>> here:
>>>
>>> http://blog.craigambrose.com/past/2009/3/16/keeping_it_real/
>>>
>>> cheers,
>>>
>>> Craig
>>>
>>> -------
>>> Craig Ambrose
>>> Cogent Consulting
>>> http://www.craigambrose.com
>>>
>>
>>
>>>
>>
>
> >

Steve



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