When You Should Raise Your Rates
- This is a topic that comes up a lot this time of year 01:08
- It’s the end of the year and many web designers start to think about raising their rates.
- You’ve worked all year long building experience, learning new skills, and upping your web design game, so your rates should reflect that.
- At the start of the year 01:47
- Tim’s opinion on when you should raise your rates is that you should raise your rates at least once a year.
- The start of the year is a great time to raise your rates.
- Start thinking about it now and have a plan of action.
- As you learn new skills 02:24
- David’s opinion on when you should raise your rates is that you shouldn’t hesitate to raise your rates as you learn new skills at any point throughout the year.
- If you are constantly improving, your rates should reflect that.
- You have the flexibility to change your prices any time.
- Raise your rates when you are confident and ready.
- When you don’t need the work 03:44
- You’ll be most confident when you aren’t desperate for work.
- When you’re booked solid, increase your prices for new projects.
- You have room to take the risk and ask for more money because you’ll be okay if that client can’t afford it.
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