I want to start with a story. A business coach client hired me for a design project about a dozen years ago. He had just finished writing his second book and wanted me to design and format it for him for publication. The project also included an accompanying bookmark and a small website related to the book. I had given him a quote for the project, which he readily accepted, and we got underway. Once the project was completed and paid for, this business coach told me how impressed he was working with me. He said everything went so smoothly that he would have paid three times the amount for the great work I provided him. Now I brushed this statement off as hyperbole from a grateful client. I mean, how many times have you received excellent service somewhere and thought, "I got more than I paid for?" But then he said he wasn't exaggerating and proceeded to explain why he thought that way. And what he said next changed the way I looked at pricing my projects from that day forward. How do you determine your pricing? I'll get to what that business coach told me in a moment. One of the most challenging tasks freelance designers or design business owners have is determining what to charge for their services. I mean, how much does a website or a logo cost? It's as arbitrary as asking how long is a piece of string? It never fails. Whatever number you come up with for a design project, you will always wonder if it's too little or too much. Let me put your mind at ease on one of those fronts. "Too much." is never the correct answer to that question. And I'll explain why in a bit. Coming up with applicable fees is difficult because many factors are to consider. Your level of experience will influence what you charge. The quality of the work you do is also a factor. The type of clients you work with can significantly affect your pricing. Where you live, city, state or province, country all play a part in your pricing structure. Even culture may play into it. With everything to consider, no wonder pricing is such a debated topic among designers. One designer may think $2000 is a lot for a website, while another won't consider a web project for less than $10,000. I'm saying that there are no right or wrong answers regarding how much you should charge for your design services. You charge what you think you're worth. But that's what I want to talk about, what you're worth. Because there's a good chance, you're undervaluing that number. Let me ask you a question. How much do you think it would cost if you had to pay someone else to do your job? If you think it would cost more than what you charge, then there's your answer. You're not charging enough. However, you might think that it would cost a very similar or maybe even a lower amount to what you charge your clients. And that may be true. It's hard to tell. But let me rephrase my question. How much do you think it would cost if you had to pay individual people to do everything you do for your clients? Now it gets more complicated. Let's take a website project, for example. We tend to group all our services into one easy-to-explain package called a "website design" and slap a price on it. But what exactly goes into a website design? Let's break it down. Of course, everyone will have their way of working on a website, so this is just a simplified example. For a website project, You'll probably start things off with some form of discovery meeting to determine what the client needs and the problem the website will solve. With what's entailed determined, you and the client need to settle on a proposal and sign a contract. Once that's out of the way, you'll do some research. You'll look into what others in the industry are doing, especially your client's competition. You may research adjacent sectors as well. You may search for new and innovative ways to meet your client's needs. Next, you may start wire-framing or thought mapping out the website with all this info in hand, figuring out the best