What is Better, Project-Based Pricing or Hourly Rates for Podcast Editors and Support Professionals
Episode description
Episode 35 - What is Better, Project-Based Pricing or Hourly Rates for Podcast Editors and Support Professionals
Why Project-Based Pricing Trumps Hourly Rates for Podcast Editors and Support Professionals
As podcast editors and support professionals, we often grapple with the question of how to price our services. While hourly rates might seem straightforward, project-based pricing offers significant advantages for both you and your clients. Here's why:The Value of Expertise, Not Just Time
Consider this scenario: A podcast host hires you to fix a complex audio issue. You spend 15 minutes diagnosing and solving the problem, drawing on years of experience. Should you bill for just those 15 minutes?An electrician did some work on one of our properties recently and shared a valuable lesson:
"I was called to fix a complicated plumbing issue. Within 15 minutes, I identified and solved the problem. The client was shocked by the $2,500 bill. He explained, 'You're not paying for the part I used or the time I spent. You're paying for my experience and the ability to solve a problem that few others in this city could handle.'"
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