How To Price Yourself & Ask For Payment When Getting Started (2024)

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Wondering how to price yourself and ask for payment when getting started in a creative industry?

Sharing my tried + true tips for bloggers, photographers, and more!

ICYMI, you can submit you questions on ANYTHING to me using the contact form. My responses might just appear on the blog! This reader's questions focus on how to price yourself and ask for payment when getting started. She asks:

“I am an amateur photographer in college and not currently getting paid enough to afford even a low end tripod or professional photoshopping software, and I really can't launch an official business, but I need to make money so I can spend money to make more money.
….Anyways I just took a few moment to calculate how much work I put into the after photo process which added up to anywhere between an hour to three hours for roughly ten to fifteen photos.

… So after all that I am basically wanting to know how should I ask to be paid? Should I wait until I have a few more pieces of equipment to ask? If I do get paid do I charge by the hour or have a flat rate and additional charges after a set number of photos/poses? Is there a big difference in the two? and what do I really need to get started?”

*Question has been condensed to protect writer's anonymity

Phew! Okay, so first of all, major kudos for the hustle and entrepreneurial spirit in college!

Also, I want to give you major kudos for recognizing you're not at the point of launching an official business. Too often, people won't have the right equipment or training under the belt, but the fear of needing money gets to them and they launch subpar services, which isn't cool. Ultimately, it will just hurt your reputation in the long run, so don't do it.

With that said, you are investing a lot of time and do need money so I am going to share a couple of stories with you then my advice:

Story 1: My friend from college, Sami Kattan, hitch hiked a ride off Craigslist from Cali to Mexico, where he lived on the beach in a hammock, bartering his videography services for food and the occasional shelter. Over a fairly short period of time, he was able to work with local business and get paid for his services! That's turned into a full on videography company in the states and tons of freelance work for him. He now supports himself through his business and rickshawing during certain high demand times of year in our college town.

[CHECK OUT MY INTERVIEW WITH SAMI] Inspiring Millennials ft Sami Kattan of Nomad's Land

Story 2: After I decided to officially launch my coaching business, I offered my services to a handful of friends for free to make sure I could workout the kinks. Some friends were awesome, and gave me thank you gifts or lunches; Another friend borrowed money from me and still haven't paid me back three years later. She proceeded to block me on all social channels, despite the services working. Both were great experiences that money couldn't buy. I gained confidence in my abilities, and learned how to deal with difficult clients who were just going to always be unhappy. It really tested my will on whether or not I wanted to stay in the game.

Notice, that in both of those stories, we were offering our services for free! You could try bartering like Sami did to start also, but get in the mindset that we all pay our dues at some point.

How To Price Yourself:

From my free clients, I was able to determine the hours invested into a client, and get feedback from consultation calls, to determine my rates. I used this formula:

How much money needed in a month (including a little money into savings) divided by how many clients could realistically be seen in amonth and subtracted any other side hustle income = your price

*Note, this is for when you are starting out, overtime there will be other ways to refine and determine your pricing!

UPDATE: Also, I wouldn't recommend this formula for bloggers/influencers! That's an entirely different formula:

((Pageviews divided by 10,000) * 100) + ((Total social following # divided by 10,000) * 100) = blogger rate

MAJOR KEY ALERT:

Notice I used the word REALISTIC, that means both based on how many I could see based on hours in my day juggled with other responsibilities and some self care/down time – you'll also want to take into account that you aren't going to come out the gate booking 20 clients in a month!

Personally, I would charge per package (a one hour session with 30 edited proofs – for additional edited proofs it's an additional number) – exploring other photographers sites to see how they break down the packages, but don't charge by the hour. If it takes you 7 hours to edit 30 photos, your customer shouldn't have to pay for that – it could also leave your models with pained expressions if they keep checking their watch so they don't go over. Check out Rising Tide Society's Facebook Group for more photographer related tips & advice (and you can creep on lots of photographers sites to see how they package and price – but keep in mind you're still an amateur with limited equipment and a limited skill set, so don't just copy their prices!

Now that you've calculated your worth & set your prices….

How To AskFor Payment:

Self promotion as an entrepreneur is one of the biggesstttt struggles so know you aren't alone!

Honest & Humble:

When thinking about what you want to say, start by being honest & humble when you're first starting out. I would rather undersell myself and give someone amazing results, than pretend I have my sh*t together and disappoint. Acknowledge that you're still a ways off from being a full blown professional and are willing to do things at a deep discount compared to others.

Tap Your Network

Let people in your existing network know about the change! Start with people you've been previously doing pro-bono stuff for. From there, let friends & family know. Our networks are often our best sales people. Word of mouth is powerful! That's pretty much how I get ALL of my business (and Instagram… and my blog… ).

Source Your Own Business

Think about people you would want to work with (specific example to follow) and reach out to them! You won't get anywhere sitting on the side lines, you have to make your presence known. But don't be spammy! Make sure you've actually done your homework on them and can speak to why you want to work with them specifically. From there you can create a mutually beneficial relationship!

Tip for finding some new business:

Check out local bloggers. Bloggers always need photography on the cheap. Normally they don't want 200 edited photos from a set, but rather jut need a handful edited. Some photographers charge bloggers per hour or per outfit. You could set up a relationship where twice a month you shoot two outfits for $30 per session with 5-10 edited photos per outfit – or really ask the blogger what they can afford and what they would be looking for! At this point you should be building credibility, not focusing on the almighty dollar (as hard as that might be).

Hope that helps & for those looking for more advice, check out my services page!

Does anyone else have suggestions for our reader? How did you determine prices or ask to get paid when you were starting out?

I would love to hear in the comments!

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How to Redefine Success In Terms Of What Makes YOU Happy!

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How To Price Yourself & Ask For Payment When Getting Started (2024)

FAQs

How do you answer how much do you charge? ›

Responding with surprise or uncertainty can make you seem inexperienced. Always transition into talking about what they need before quoting a price. While you might have a base fee, without knowing what they need, it will be tough to add-on or increase the price later. This can create a difficult situation.

How to determine how much to charge? ›

If you want to know how to determine pricing for a service, add together your total costs and multiply it by your desired profit margin percentage. Then, add that amount to your costs. Pro tip: Consider your costs, the market, your perceived value, and time invested to come up with a fair profit margin.

How do you answer what are your rates? ›

  • Pick a number you're comfortable with and stick with it. ...
  • Practice saying your rates. ...
  • Don't just say your number, frame your number. ...
  • Don't explain or apologize for your rate. ...
  • Don't give discounts. ...
  • Ok, ok, you can give discounts (but only for a really good reason.) ...
  • Don't try to be the cheapest.
Sep 1, 2016

How do you politely ask for a price? ›

“Dear [Company], I am interested in purchasing the [item] and would like to request a quote for the item. Could you please provide me with the cost of the item, including any applicable taxes and shipping fees? Thank you for your time.” “Hello, I am writing to ask about the price of the [item].

How do you answer how much should I pay you? ›

Provide a salary range. If you arrive at the point in the interview when it's time to provide a number, you could offer a range versus a single figure. Keep in mind, however, that the employer may opt for the lower end of your salary range so make sure your target number is as close to your bottom number as possible.

What should I charge per hour? ›

Desired profit amount + desired salary + operating costs / number of income producing hours = your hourly rate. For example: Desired profit of $16,500 + desired personal pre-tax salary of $83,500 + operating costs of $30,000/1040 income generating hours = $125 per hour.

What is the pricing formula? ›

Divide the total cost by the number of units purchased to get the cost price. Use the selling price formula to calculate the final price: Selling Price = Cost Price + Profit Margin.

How do you calculate how much you should charge for something? ›

Cost-plus pricing: Price = [Cost + Expense] + Profit. Sometimes known as markup pricing, this model builds a profit into your product pricing strategy. Cost-plus pricing is simply that: a price that covers your costs (e.g., the amount of money it takes to have the product for sale) plus some markup for profit.

How do you rate yourself examples? ›

"I would rate myself 9 on a scale of 1 to 10 in [skill/field]. I have [number of years] of experience in this field and have achieved [mention your significant achievements]. I have also been recognized for my work by [mention any awards or accolades].

How do you answer a pay rate question? ›

How to Answer, 'What's Your Expected Salary?'
  1. Research the market and salary trends.
  2. Consider giving a salary range, not a number.
  3. Diplomatically turn the question around.
  4. Now it's time to give a number, not a range.
  5. Always be truthful.
Jan 11, 2024

How do you ask for price without being rude? ›

Top eight phrases to use when negotiating a lower price
  1. All I have in my budget is X.
  2. What would your cash price be?
  3. How far can you come down in price to meet me?
  4. What? or Wow.
  5. Is that the best you can do?
  6. Ill give you X if we can close the deal now.
  7. Ill agree to this price if you.
  8. Your competitor offers.
Jun 15, 2022

How do you set an asking price? ›

This could involve adjusting for market conditions, property uniqueness, or other factors that may impact the property's value. By combining these factors, real estate agents aim to set an asking price that attracts potential buyers, maximizes the seller's profit, and reflects the true market value of the property.

How do you answer the price question? ›

If you have an exact understanding of what your services or products will cost, simply tell them and ask to move forward by ending with a question like: “Should we reserve that for you?” or “Would you like to schedule a time to visit our venue/see our services?” It might seem unconventional to ask for an appointment in ...

How do you tell a client how much you charge? ›

When discussing pricing:
  1. Be upfront and transparent.
  2. Talk about pricing early in the sales process.
  3. Discuss value and pricing in parallel.
  4. If you cannot give precise pricing information, be prepared to provide at least a rough estimate.
Oct 21, 2022

What does "how much do you charge" mean? ›

phrase. Used to ask a professional the monetary cost of his/her services.

How do you work out how much to charge a customer? ›

The price you charge for your products or services depends on the following:
  1. The cost to make the product.
  2. The cost to deliver the service.
  3. The amount of profit you need to maintain your business.
  4. The price your competitors are charging for similar products or services.
  5. The price customers are willing to pay.

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