Search
Close this search box.
Blog » Business Tips » Should You Publicly Share Your Freelancing Rates On Your Website?

Should You Publicly Share Your Freelancing Rates On Your Website?

In the freelance community there is often times a debate about whether or not freelancers should publicly share their rates online. The truth is there are many answers to this question with different schools of though. Much of it also depends on your particular model and how you like to run your business.

In some cases it works to share your freelance rates publicly whereas in other instances it doesn’t. I’m going to say right off the bat that I don’t share my freelancing rates on my website. I like having the ability to negotiate. However, I’m not opposed to other people sharing their freelancing rates publicly.

Here are some ways to determine whether or not you should share your freelancing rates on your website.

Are your services productized?

One of the reasons I don’t share my freelancing rates online is because I know my current services are not productized. In other words, I don’t have set systems in place to deliver my service and I have to actually sit down and write. Because there are so many variables at play (how big a project is, how much research is involved, etc.), then it doesn’t make sense for me to share my rates and potentially low-ball myself.

However, if your services are productized or if you have package deals, then it makes sense to share your rates online. For example, a web designer may have a service package that has a done-for-you website template and copy. All the client has to do is purchase the package, download the files and install the template themselves. This is an example of productizing a service and in this case it would make sense to share your freelancing rates for this service online.

For more on how to productize services, check out Pat Flynn’s Smart Passive Income podcast episode, How to Productize Your Service-Based Business.

Are your client projects similar?

If you think that all of your client projects will require the same amount of work then you may be able to get away with sharing your rates publicly online. For example, do your clients come to you for website copy? Then you can create a service package that states how many pages you will write and for how much.

Just note that this may not work for larger projects or things that are highly customized, which is one of the reasons I personally don’t share my freelancing rates online. Each of my clients are so different and the work is so customized that I need the ability to negotiate based on the needs of the client. There can be many factors that go into determining your freelance rates, so keep that in mind as you decide whether or not to publicly share them.

Are you tired of talking to prospects who aren’t serious?

One of the reasons freelancers start to publish their rates online is because they become sick and tired of talking to prospects who aren’t serious about hiring them. By publicly sharing their freelancing rates on their website, they can weed out the people who aren’t serious and focus on those that are.

This method can and does work. While I haven’t had a need to do it with freelance writing, it is something I did with my coaching packages when I got tired of duds wasting my time. I even slapped a price tag on the initial consultation. The end result was that I made sure I was getting paid for my time and started receiving inquiries from much higher quality coaching prospects.

Final Thoughts

Whether or not you decide to publicly share your freelancing rates online is entirely up to you. At the end of the day it’s your business and you can run it any way you’d like. Feel free to experiment and see what works for you.

About Due’s Editorial Process

We uphold a strict editorial policy that focuses on factual accuracy, relevance, and impartiality. Our content, created by leading finance and industry experts, is reviewed by a team of seasoned editors to ensure compliance with the highest standards in reporting and publishing.

TAGS
Millennial Finance Expert and Writer
Amanda Abella is a Millennial Finance Expert that helps people understand their finances and eliminate all bad debt. She wrote a book, Make Money Your Honey. It is a powerful guide on how to have a better relationship with work and money. You can actually start building an extremely profitable business around the things you’re passionate about.

About Due

Due makes it easier to retire on your terms. We give you a realistic view on exactly where you’re at financially so when you retire you know how much money you’ll get each month. Get started today.

Categories

Top Trending Posts

Due Fact-Checking Standards and Processes

To ensure we’re putting out the highest content standards, we sought out the help of certified financial experts and accredited individuals to verify our advice. We also rely on them for the most up to date information and data to make sure our in-depth research has the facts right, for today… Not yesterday. Our financial expert review board allows our readers to not only trust the information they are reading but to act on it as well. Most of our authors are CFP (Certified Financial Planners) or CRPC (Chartered Retirement Planning Counselor) certified and all have college degrees. Learn more about annuities, retirement advice and take the correct steps towards financial freedom and knowing exactly where you stand today. Learn everything about our top-notch financial expert reviews below… Learn More