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How To Set Proper Freelance Content Writing Rates


One of the challenges you will have to face at the beginning of your freelance writing career is setting the right kind of rates for your clients. There is a lot of research you will have to do in order to handle with task properly.

The factors you need to take into account are:

  • The average rates on the market.
  • This is the most important consideration you have to make when you decide on the rates. First of all, you need to find out those average rates. This means that you need to do quite a bit of research to get quotes from other freelancers. This will take a bit of time, but be sure to do a thorough job as information gathering is very important.

    Always aim for the average in your own rates as the extremes are never good, regardless of which end of the spectrum you choose.

  • Your personal requirements.
  • If you want writing to be your primary source of income, you need to calculate your monthly expenses in order to determine how much money you really must make to survive. This kind of calculations combined with the research you do to determine average rates will allow you to understand whether this career path is the right choice for you.

    When you know how much money you need, determine the hourly rate you have to make in order to achieve the desired level of income. Base the rest of your professional decisions on this amount.

  • Your experience and skill set.
  • As a novice in this business, you will not be able to produce 100% perfect texts, so you must consider this when setting the rates. When people hire beginners, they are ready to take the risk and invest their trust into you. However, they are usually looking for lower prices in return. This is why it’s so important to know how much the actual work costs before you set your own rates, as they must be close to this number. Once you make a good name for yourself and gain more experience, you will be able to increase your rates as the quality of your texts will increase as well.

  • The complexity of the work.
  • Some kinds of texts require higher payments by default. For example, there is a huge difference between writing a short SEO article for promoting a childcare service and an informative text about some complex technology. This is why you must research the average costs for any specific type of the assignment that you can complete.

 
 

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