From the course: Freelance Work Strategies for Video and Motion Graphics Creators
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Three pricing models
From the course: Freelance Work Strategies for Video and Motion Graphics Creators
Three pricing models
- This is my favorite chapter about how to get paid. So we're gonna solve that mystery about setting and getting your rate. There are three pricing models that are pretty common and really easy to use. The first is what I call market-based pricing. You're probably quite familiar with this, right? It's based on the number of vendors available, which is the supply, and the amount of work available, the demand, remember, supply and demand? Did you ever take an econ class? That's what it was all about. There are some other variables, too. For example, if there's a union in your area that might affect the typical day rate charge or if you're in that union obviously it affects the rate you charge. Or there might be other pressures on the market like seasonal demands. If you work in the Hollywood area there's obviously certain times of year that are incredibly busy and others that are not, if you're an editor for example. So it's just like you learn in econ, if you're in a busy market…
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