Evaluating Project Cost Three methods for evaluating project cost: 1) When the client has a specific project but you're unsure about the price, create a similar project on an exchange with modified content. 2) Negotiate ethically as competition should be honest and fair. Consider time spent, feedback, and portfolio when setting prices. 3) Start with low-cost projects to build your profile gradually.
Fixed Price vs Hourly Rate Calculating earnings based on fixed price or hourly rate: Determine monthly income goals and daily working hours to set rates effectively. Freelancers typically work fewer hours than office employees; consider coefficient factors for accurate pricing.
Challenges of Freelancing Freelancing requires more time for communication, job searching, and networking compared to traditional office jobs where stability is guaranteed. Pricing must account for these additional efforts by applying coefficients rather than just considering working hours.
'Raising Prices' Strategy 'Raising Prices' strategy involves gradual increments in rates as expertise grows over time from $50 up to $300 per page or internal pages from $10 up to $60 each based on increased demand and available free time due to stable clientele.