Just had a client try to lowball me on a project. I stood my ground, but it got me thinking about how other freelancers handle these situations. Do you have a go-to strategy for price negotiations? What’s worked for you in the past?
It’s always a delicate balance between valuing my work and keeping clients happy.
I’ve been in your shoes many times. Here’s what I do:
First, I always have a clear idea of my costs and profit margins. That way, I know exactly how low I can go without losing money.
When a client tries to negotiate, I explain the value they’re getting. I break down the project into specific tasks and show how my expertise saves them time and headaches in the long run.
Sometimes, I offer a scaled-back version of the project if the budget is tight. It gives them an option without devaluing my work.
I’ve found that being confident and professional goes a long way. If you seem unsure about your prices, clients are more likely to push for discounts.
At the end of the day, it’s okay to walk away from a project if the price isn’t right. There are always more clients out there who value quality work.
Ah, price negotiations. Always fun, right? Here’s my two cents:
I’ve learned to keep it straightforward:
No fancy sales tactics here. Just honest talk about what I bring to the table.
If a client pushes too hard on price, I take it as a red flag. Usually means trouble down the road.
Remember, it’s not just about this one job. It’s about setting the tone for your whole business.
Stick to your guns on fair pricing. The right clients will appreciate your professionalism.
I usually just tell 'em my price and that’s it. If they don’t like it, no big deal. Plenty of other jobs out there. No need to get fancy about it.
I keep it simple. Set my rates based on the job and stick to them.
If a client wants to haggle, I explain what the price covers. Sometimes I’ll offer a stripped-down version for less.
But I don’t waste time arguing. If they can’t afford me, that’s fine. I move on to the next job.
Good clients understand you get what you pay for.
Been there plenty of times. Here’s what works:
Know your bottom line and stick to it. Don’t budge if it means losing money.
Break down your costs clearly. Show them exactly what they’re paying for: materials, labor, overhead. No fluff.
Offer options. Give them a basic package and a premium one. Let them choose.
If they still won’t budge, walk away. Not worth the hassle of a cheap client.
Remember, you’re running a business, not a charity. Good clients respect fair prices for quality work.
Prices? I just go with my gut mostly.
Don’t really think about it much to be honest.