The Savvy Scribe

EP241: Should You Charge Per Word or Offer Package Rates?

November 21, 2023 Episode 241
The Savvy Scribe
EP241: Should You Charge Per Word or Offer Package Rates?
Show Notes

Welcome to The Savvy Scribe Podcast! Today, we’re diving into a fascinating topic that plagues many freelance writers: Should you charge by the word or offer package rates? Freelance writing is an incredibly rewarding career, but structuring your pricing can be one of the most critical decisions you’ll make. In this quick episode, I’ll guide you through this dilemma and offer insights to help you make the right choice.

Key Points:

  • Per-word rates offer simplicity and predictability but may incentivize quantity over quality.
  • Package rates provide a holistic approach, encompassing research, revisions, and a polished product, ensuring quality over quantity.
  • Clearly defined scopes of work and written contracts are crucial to avoid misunderstandings and scope creep.
  • Negotiations should be approached thoughtfully, balancing openness with a firm stance on fair rates that reflect skills and effort.

Actionable Tips:

  1. Recognize your worth as a nurse writer with valuable healthcare expertise.
  2. Clearly define the scope of work, including package rates, to avoid ambiguity.
  3. Employ written client contracts outlining prices, deadlines, and expectations.
  4. Negotiate thoughtfully, balancing openness with a firm stance on fair rates.
  5. Experiment with pricing models to find the best fit for your services.

Additional Resources:

So, should you charge per word or offer package rates?

There’s no one-size-fits-all pricing strategy for freelance nurse writers. Experiment with both per-word and package rates to find the approach that aligns with your skills, effort, and client needs. Prioritize quality over quantity and communicate effectively to establish mutually beneficial relationships.

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