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How to fix rate while Freelancing

Author: Fathima Parveen
by Fathima Parveen
Posted: Jul 04, 2017

It happens to every business owner when their services are underrated. Which is lower than the minimum rate they offer to the client. It is necessary to analyze the nature of the job you do and fix the price. It is the role of the worker to make the decision to accept the rate for the job they offer or deny the role which provides next opportunity for the business. If you take the proposed job for the client, there is a chance that your future job from that particular customer will also be underrated.If you deny the job, you may miss the upcoming works from that particular client may stop.

How to fix a rate:It is important to analyze the value of the job you offer. When you set a rate, it must cover all your expenses like your phone bill, electricity and internet bills. The minimum price will be what you earn to pay all your expenses. Then set a reach rate after getting some experience in the job. It is necessary to understand that the budget of the each client will vary it is a need to negotiate the rate with your customer.Client fixes a rate for the job you do. It doesn't mean that you have to accept it.Successful negotiation is not one party screwing over another party. Negotiation must end in the rate that is acceptable to both client and worker. If you are doing the job for the first time, you can offer a minimum price to the customer. After gaining some experience in the job with a portfolio and testimonials, you can negotiate with the client and offer a better rate than before.If the proposed rate of the client is lower than the minimum rate, you offer. At this time you can negotiate the price you suggested for the job. And ask the customer to accept at least the minimum rate you offer. If you are comfortable in negotiation, then you ask for the price more than the minimum rate you offerThe client will receive the response to your negotiating in three ways. They will accept your proposed rate. Next, they will stand in the middle of the both rate that is the rate you offer and the rate they offered. Next, they will stick to the rate they proposed. If they accept the rate you offered, then it will be good to go. If they stick to their price, you have to analyze the other benefits of taking on the work will provide. For example, if you are new to this job you can accept the proposed rate. Until you gain some experience in that jobIf you take the work be honest and transparent to the client and be the perfect on the job, they offer you. A good relationship with the customer will provide you the future offerings from the particular job provider. Now cogzidel technologies have created a new fundraising platform for freelancing that is RBS Freelancer clone which will connect the contractors providing the job and the workers doing the job RBS Kickstarter clone script http://www.cogzidel.com/rbs-freelancer-clone/ stands for Reverse bidding system.Which enables the employees to bid for the job offered by the provider and provider will choose the employee who had bid less.Try out the above points while fixing the rate for a particular freelancing job.

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Author: Fathima Parveen

Fathima Parveen

Member since: Jul 04, 2017
Published articles: 1

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