Thanks to fellow virtual assistant Michelle Mangen (@mmangen) for Tweeting this
awesome article from Freelance Switch earlier today!
Keys to Setting Your Rate Based on Experience
If you're struggling with where to price yourself in the virtual assistant market (whether you're a new VA or a seasoned veteran) this article will definitely help you get a little perspective.
From the article:
There is no one set strategy for setting your rates, which is why the process can be so confusing for freelancers. Basing your rates off regional competitors’ prices is a very smart tactic, but I think many freelancers forget about something important when putting together rates, and that is their value.
It seems that so many of us are quick to assign the highest price we could be making–but that’s not necessarily the most practical strategy. Why? If you have little experience and a non-brag-worthy portfolio, why should someone pay $100 an hour to hire you?
Read the rest of the article here (and don't forget to read the comments that follow as well!)