Comments on: Asking For Money From Your Client http://www.creativepublic.com/graphic-designer-blog/2009/03/31/asking-for-money-from-your-client/?utm_source=rss&utm_medium=rss&utm_campaign=asking-for-money-from-your-client Graphic Design Business Blog - by CreativePublic.com Sat, 04 Apr 2009 03:10:17 +0000 hourly 1 http://wordpress.org/?v=3.1.4 By: anataoriego http://www.creativepublic.com/graphic-designer-blog/2009/03/31/asking-for-money-from-your-client/#comment-21 anataoriego Sat, 04 Apr 2009 03:10:17 +0000 http://www.creativepublic.com/graphic-designer-blog/?p=113#comment-21 Great site this www.creativepublic.com and I am really pleased to see you have what I am actually looking for here and this this post is exactly what I am interested in. I shall be pleased to become a regular visitor :) Great site this http://www.creativepublic.com and I am really pleased to see you have what I am actually looking for here and this this post is exactly what I am interested in. I shall be pleased to become a regular visitor :)

]]> By: admin http://www.creativepublic.com/graphic-designer-blog/2009/03/31/asking-for-money-from-your-client/#comment-12 admin Wed, 01 Apr 2009 12:30:46 +0000 http://www.creativepublic.com/graphic-designer-blog/?p=113#comment-12 Overall, it amounts to never sign up for those stupid design contests, never ever do spec work and always get a 50% deposit. There should be no exceptions to these rules unless you just feel like getting screwed. Overall, it amounts to never sign up for those stupid design contests, never ever do spec work and always get a 50% deposit. There should be no exceptions to these rules unless you just feel like getting screwed.

]]> By: Gunnar Swanson http://www.creativepublic.com/graphic-designer-blog/2009/03/31/asking-for-money-from-your-client/#comment-11 Gunnar Swanson Tue, 31 Mar 2009 23:24:02 +0000 http://www.creativepublic.com/graphic-designer-blog/?p=113#comment-11 Your clients are in business. They are comfortable talking about money so you need to get over being shy about it. If they can't agree to a price it means they are going to go out of business so they aren't a great prospect, they intend to cheat you, or they have reason to not trust you. (Now, think what someone should say to them if you can't agree on a price.) "unless you are willing to risk doing all the work for free" Many designers do not understand the business implications of such a risk. If the client is "testing out" four other designers, you have a 1 in 5 chance of being paid. To come out even betting with 1:5 odds, you need to have a 5:1 pay off. Unless you are charging five times as much as you are worth, you lose money on such a bet. (If they don't tell you how many people are being "tested," the odds are worse than that.) Your clients are in business. They are comfortable talking about money so you need to get over being shy about it. If they can’t agree to a price it means they are going to go out of business so they aren’t a great prospect, they intend to cheat you, or they have reason to not trust you. (Now, think what someone should say to them if you can’t agree on a price.)

“unless you are willing to risk doing all the work for free”

Many designers do not understand the business implications of such a risk. If the client is “testing out” four other designers, you have a 1 in 5 chance of being paid. To come out even betting with 1:5 odds, you need to have a 5:1 pay off. Unless you are charging five times as much as you are worth, you lose money on such a bet. (If they don’t tell you how many people are being “tested,” the odds are worse than that.)

]]> By: admin http://www.creativepublic.com/graphic-designer-blog/2009/03/31/asking-for-money-from-your-client/#comment-10 admin Tue, 31 Mar 2009 20:33:07 +0000 http://www.creativepublic.com/graphic-designer-blog/?p=113#comment-10 Here is a good small blog article on charging your clients. http://tinyurl.com/cg8vut Here is a good small blog article on charging your clients. http://tinyurl.com/cg8vut

]]> By: R.L.Roth http://www.creativepublic.com/graphic-designer-blog/2009/03/31/asking-for-money-from-your-client/#comment-9 R.L.Roth Tue, 31 Mar 2009 19:36:19 +0000 http://www.creativepublic.com/graphic-designer-blog/?p=113#comment-9 It's good to read articles like this because sometimes we get shy about asking for money. I think a bigger problem is trying to explain to a potential client why web design costs as much as it does. Perhaps you can discuss this issue in a future post. It’s good to read articles like this because sometimes we get shy about asking for money. I think a bigger problem is trying to explain to a potential client why web design costs as much as it does. Perhaps you can discuss this issue in a future post.

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