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Freelancing Prices
Hi,
I was hoping someone would be able to help me find out freelance price and guides for motion graphics work. Basically if anyone could point me in the direction of another site with information on, or where I can post a similar message, or even if someone can give me an idea of how to price a some work then I would be very greatful.It’s motion graphics and abstract video idents for plasma screens for a UK restraunt/bar chain. There is also a chance they may want the footage in HD too, which I assume you can charge more for?
Any help would be greatly appreciated, I hope someone can help.
Many thanks,
Martin. -
3 Replies
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Hi Martin
It’s a market, so I guess you’re looking for an intersection of what you’re willing to work for, and what the potential client might be willing to pay.
To calculate yourself an hourly rate, you could factor in what you hope to earn over a year / week / whatever, what percentage of time will not be billable hours – so how many hours a week you’re trying to earn that it. You’ll also need to allow for the costs of investing in and updating your kit and software, if you see this is a long term proposition.
Armed with an hourly rate, you could estimate how long you might need to do the work, and multiply …
Another approach is to consider what the customer may be willing to pay, and bid for something around that. You could always try a direct question – then decide whether to treat the response as a negotiating bid or as a ceiling. People vary very much in how the like to negotiate – so “reading” your customer right will be important.
You might also think about what quality they want, what alternatives to you they have (and what those alternatives might charge), how soon they want it, why they asked you in the first place (did they like your reel?) – and from that guess your negotiating position.
Good luck!
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Check the COW forum on Business and the forum on Broadcast Design. Search on “rates”.
Steve
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Where do you live? In the northeast it’s pretty much $30 an hour if you’re brand new, $50 if you’re pretty good, and $75-$100 an hour if you’re nasty or very experienced. Keep in mind you can basically charge your clients whatever they are willing to pay, but I’d use that scale to get started. If you live in North Dakota or something you probably want to start on the low end.
joey
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