Do you have dreams of getting paid dollars instead of pennies for your writing words?
Last night I watched a rerun of Sex in the City and the main character Carrie Bradshaw was thinking about taking on freelance work with Vogue for $4 a word. I almost fell outta bed dreaming of those rates.
Last week I was copied on an email from a client that included another writer that they obviously use. I Googled that writer and found out they are selling a ten article pack for $790.00 which translated to about .15 a word. Even that sounds wonderful to me! I almost fell off my stability ball (seriously. I almost ended up on my head. I try to work on my stability ball at the computer a few hours a day and the idea of fifteen cents per written word threw me off balance). I am SO ready to make that kind of dosh and getting there will ultimately lead to the elusive dollar per word.
I'm not going to get there unless I make it happen so that's the plan. There's no boss doing a performance and salary review annually to help me get a raise since I'm self-employed so it's up to me to raise my rates and buy Darling husband that new boat he's been wanting...
Yesterday I was reading some blog posts from some very established writers and definitely saw some areas I can improve on both in my work as well as in how I project myself to clients so I'm working on a plan to get the kind of clients willing to pay for value added writing services.
I had one client haggling with me recently over a few pennies per word and I've now decided after working with some clients paying the same rates to me as two years ago that wherever possible I'm going to quote pricing with a six month period listed so I have the opportunity to move up financially. I'm also planning on targeting new niche areas that seem to pay really well so am developing my skills in key areas.
I know my work has improved in many areas in the two years I've been freelance writing so it's time to make sure my rates improve as well. I've quadrupled my original rates for the most part in two years. How have you fared over time in getting raises on your freelance work rates? How did you do it?