Demand Higher Writing Rates in 2023 (without losing clients)
Have you considered how to increase your freelance rates in 2023?
Most freelancers are guilty of not charging enough for the work that they perform. When first starting a business it can be tempting to charge lower rates for the jobs that are done, however as you grow and expand you may need to consider charging higher rates for the work that you provide.
This can leave many freelance writers with a problem, namely, how do you increase rates on clients that have been with you for a long period of time? Even though this might seem like a bit of a minefield there are a few different ways of handling it that can make it a straightforward transaction for everybody involved.
Things to consider before you increase your 2023 freelance rates
It is likely that when you first began your freelance writing career, you were trying to gain clients and build experience in your chosen profession.
Like many other freelancers that are just starting out, you have probably charged lower rates to try and attract clients and encourage them to use your services. This can be a helpful business tactic in the early days, but later on, it can start to cause you problems.
Fast forward to present day in 2023 and you may need to think about an increase in your freelance rates.
If you are a few years into the game, then you may need to take time to reassess your freelance writing rates. If you’re providing a quality service delivered in a timely manner that takes advantage of your expertise, then you should no longer be in the position of being a newbie in the field or trying to drum up business.
It can also be worth taking the time to research the rates of your competitors. You might be surprised to find that the price you are charging is way below the average. If this is the case then you may be able to raise your rates to be lower than your competition, but that still boosts your income.
