How to Create a Client Pricing Package to Really Build Your Freelancing Business
Posted August 21, 2011 in Getting Clients, How-To
Are you looking for a slick and quick way to increase your volume of new projects?
If this is you, a client pricing package just might be the way to go.
Although we’ve discussed the pros and cons of a public price list for freelancers before, a client pricing package is slightly different from simply publishing your prices online because a pricing package bundles a high volume of work or a group of related projects together.
In this post, I’ll explain what a client pricing package is and explain when you might choose to use a client pricing package to benefit your freelancing business.
What Is a Client Pricing Package?
Strictly speaking, a client pricing packages bundles a group of services together, usually at a single, discounted rate. Services bundled together may be:
- Similar in nature, such as offering single price for a group of articles
OR
- Complementary, such as offering design services and web content together
Client pricing packages are often offered for a limited time only, as part of a sales promotion. Naturally, if you go the complementary route and you cannot perform all of the work yourself, you will need to team up with another freelancer who can perform the work that you cannot do.
Many freelancers publish their pricing packages on their freelancing website.
When Do You Need a Pricing Package?
A client pricing package tends to stimulate business by encouraging clients who are “on the fence” about using your services to take advantage of the deal. So, it makes sense that you can benefit from a client pricing package if you do not have enough work.
Another scenario in which you might benefit from using a client pricing package is when you don’t have the right type of client. For example, let’s say that you wish to specialize in creating WordPress sites, but you are getting a lot of other work instead. You can craft a client pricing package to include some social media freebies (such a creating a Twitter background) for each new WordPress client.
An advantage of client pricing packages is that they can be used to encourage the long-term and repeat customer. If a client is willing to sign a contract agreeing to a large volume of work, you may wish to create a client pricing package to offer this repeat customer a discount.
Finally, a pricing package can bring new business when you team up with a freelancer who is offering services that complement your own skills. By teaming up with another freelancer, you accomplish two things:
- You double your marketing efforts since both of you will promote the client pricing package
- You make it convenient for clients who need both services since they can now order them at one time
Now, that we’ve defined what a client pricing package is, let’s look at some examples.
Some Pricing Package Examples
Are you still a little confused about how a client pricing package might help your business?
Here are some hypothetical examples of client pricing packages:
- Freelancer One–Wants more clients with large, long-term projects, so she offers a 25% discount for clients who provide her with over $5,000 worth of work. Soon, she has enough large, long-term projects to keep her busy for several months.
- Freelancer Two–Is a web designer whose business has been a little slow. He teams up with a copywriter to offer clients a turn-key package (design and content) for a set price. His clients appreciate the ability to have their design and copywriting needs met at the same time.
- Freelancer Three–Wants to break into a particular type of programming. She has taken courses, but never had a client for this type of project. In order to build up her client base for this type of work she offers a two-month discount to clients with this type of project.
While you may be ready to implement a client pricing package right now, there are some guidelines that you should consider.
Some Client Pricing Package Guidelines
A client pricing package can do wonders for your business, but if you decide to implement one you should take the following precautions:
- Be sure to state clearly what is (and is not) included in the package. Make sure that your client understands the limitations of the package that he or she has purchased.
- If your package is only available for a limited time, be sure to state the end date clearly. Use an actual date (3-15-2011) as opposed to a timeframe (two months).
- If you have teamed up with another freelancer, make sure that your agreement with them stipulates what they are responsible for and what you are responsible for.
- When you discount your services, make sure that the client knows that they are receiving a bargain. (This helps to alleviate sticker shock if your client should want to use additional services outside of the package deal.)
Your Turn
Have you ever used a client pricing package to stimulate your freelance business? How did it go?
Share your experiences in the comments.
Image by uzbeckistan
Related posts:
- The Fast, Good and Cheap Pricing Method
- 19 Ways to Build Your Business When Work is Slow
- 7 Essential Ways to Build Trust in Your Business
- How to Use Your Ideal Client Profile to Strengthen Your Business
- 11+ Computer Security Apps to Keep Your Freelancing Business Safe
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20 Comments
Gold
August 21st, 2011 at 9:08 amI tried it and it was not a satisfying experience. If the prospect is ready to buy, price doesn’t matter. Also I found out that the “Client Pricing Package” is harder to sell.
Laura Spencer
August 21st, 2011 at 9:59 amGold, Thanks for sharing your experience! I imagine this is a YMMV (your mileage may vary) tactic. Some freelancers offer these packages successfuly–others, not so much. Also, it’s not for those freelancers who already have too much work or for use when cold calling to clients. The package must fit the needs of your target market.
Shevonne
August 21st, 2011 at 11:59 amThanks! Bookmarking this now :)
Mark Armstrong
August 21st, 2011 at 9:28 pmThanks, Laura. I’m a freelance illustrator. I’ve been rethinking my approach to pricing lately, and your post was very helpful. I’ve never even considered a pricing package– many thanks for the suggestion. I enjoyed looking at your blog as well– cheers!
Laura Spencer
August 21st, 2011 at 11:16 pmShevonne and Mark Armstrong–I’m glad you found the post helpful. :) Best wishes in your respective freelancing businesses. If you wish, come back and let us know how pricing packages worked for you.
Eps
August 22nd, 2011 at 6:37 amHi Laura, I recently resigned from my job to become a freelancer. I really appreciated the guidelines.
Nikhil Malhotra
August 23rd, 2011 at 1:20 amVery valuable points mentioned in the article.Thanks for sharing:)
Jafar
August 25th, 2011 at 11:20 pmI have a type of website built with a new framework, and ‘example package 3′ is a good idea to help get more clients to sign up for it.
Thanks for the article!
Jamie Northrup
August 31st, 2011 at 11:26 amThanks for the insight Laura, I’ve used Pricing Packages in the past with great success, I usually bundle stuff together that I like to do or is easier and quick to do to bulk up the package for the customer. It’s a win-win in the end.
RobbyDesigns
September 1st, 2011 at 5:56 pmNice idea, I’m going to add a deal for small business website designs and use a Page Peel to get it under their noses straight away.
Thanks.
Android Applications
February 1st, 2012 at 7:31 amHow to Create a Client Pricing Package to Really Build Your Freelancing Business | FreelanceFolder I was suggested this web site by my cousin. I am not sure whether this post is written by him as nobody else know such detailed about my problem. You are wonderful! Thanks! your article about How to Create a Client Pricing Package to Really Build Your Freelancing Business | FreelanceFolderBest Regards Agata
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