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Are you considering increasing your prices next year?

  • EliteWriter Level 3
    • 9

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    Are you considering increasing your prices next year?

    As the new year draws near, many think about what happened over the past year, come up with resolutions and things they would like to change or improve. As a freelancer, do you think that the start of the new year is a good time to increase your prices, considering that you sort of have an additional year to add to your experience? Or maybe just to try to make more profits in the coming year?

    #Prices #Services #Freelancer #Newyear #Freelancing Freelance
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    idealmike

    idealmike

    Good question! I've thought about it yes. I'm mulling over making the prices of some of my services in my own currency and then whatever it would be in the US currency. The value of the pound is really low right now which isn't so good for the economy but better when converting USD to GBP. So where one of my services that sell now on here for say $19, that would be about £15.40 for me. But that service should be charged the same amount but in GBP. So where a service is selling for $19. Really I should be charging £19 for it which is $23.30. But it's not really much difference for those such low value services so will probably just keep them the same prices for now.

    Definitely I want to make more profits in the coming year. I hope to see some plans brought into action and am researching some new services to provide on here and other Ionicware marketplaces as I want to see them become more established and active in the coming year too just as much as SEOClerks. Are you considering increasing your prices next year?
    9 years ago

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    EliteWriter

    EliteWriter

    Yes I think so too, and it seems to be a time when many sellers take this into consideration. I would like to increase some of my prices too as from year to year expenses always seem to increase, and so is the cost of living. Yet I worry whether I might experience a decline in sales.
    9 years ago

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    Topseoservice

    Topseoservice

    Definitely.
    I have sold my services at slow price to gain maximum reviews. And in 2017 I am considering to increase the price of all my services. Lets see how that affects my overall revenue.
    9 years ago

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    EliteWriter

    EliteWriter

    Yes it is a good idea to set prices a bit low at first. I wish you luck in getting sales even when your prices are a bit higher, but it is a good tactic, which I used myself a few years ago. Buyers value reputation and ratings, and sometimes prefer to pay a bit more.
    9 years ago

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    Everett

    Everett

    I have increased my prices a lot. For instance, one of my scripts was $30, now it's $99. It's over 3 times the amount of the original price. This is due to the fact that i am absolutely fed up with competing with sellers who price services for so low. They may live in a country where they can practically survive on a dollar a day, but I do not. So I raised ALL my prices to combat this. If I don't get any sales, that's fine, I don't want those clients. Are you considering increasing your prices next year?
    9 years ago

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    EliteWriter

    EliteWriter

    I admire you for taking such a stand. My price increases have been limited to a dollar or two actually. I do agree with you that you cannot sell yourself short especially with the cost of living and daily expenses we need to deal with.
    9 years ago

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    anwebservices

    anwebservices

    It's maybe a good idea to go trough list of services and adjust prices from time to time, same as what we do to offer some services "On Sale" or to offer some new discount coupons. If that is a common thing to do, then rising up prices to their fair level should be OK as well
    9 years ago

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    sumoncps

    sumoncps

    Till now no we have not thought about increasing the price! As the price are reasonable and our respected clients are quite happy about that!
    9 years ago

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    Barida

    Barida

    I don't have plans set on how to increase the prices of works that I do for my clients. I mean I never had that in mind considering the fact that I have gotten to that stage where I have some kind of personal connection with them and that is not what I'm thinking of giving up simply because of the price increase.
    9 years ago

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