Today’s Freelance Writing Success newsletter has a thought provoking article on how freelance writers should charge for their time. The article suggests that writers should not charge by the hour, but for the value of their expertise. Another factor to take into account is the amount that the client will make from your writing. I found this article interesting, because it put a new spin on calculating your value as a freelance writer. What do you think? Is there any merit in this suggestion?
Article by Sharon Hurley Hall
Sharon Hurley Hall has been mentoring writers here at Get Paid To Write Online since 2005 to help them improve and build sustainable and successful writing careers. Check me out on sharonhh.com. Feel free to connect with me online on Google+.
Sharon has written 653 awesome articles for us at Get Paid to Write Online
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This is an intriguing idea. For someone who produces material that generates significant income for the client, it makes sense for the freelancer to take that into consideration in pricing the work.
Most of what I do is editing books for aspiring authors who are either seeking a publisher or planning to self-publish. There’s no assurance the client will make ANY money from the project, so the client’s income wouldn’t be much help in setting my price.
Freelancers who write for businesses, though, might do well to consider how much the client will earn from the work in setting the price.
I was intrigued, too, Lillie. As you say, it wouldn’t work for every situation, but it might be helpful in deciding how to price some jobs.