I'm a freelance copywriter with a possible opportunity to do a project that requires informational blurbs of 4-5 lines each for about 600-800 products (catalog-type writing). It needs to be completed in about 2 weeks' time. They want me to quote them a price before we proceed. Does anyone have any idea what would be a fair market price to quote for such a job?
2006-09-12 08:57:21 · 13 answers · asked by pemn 2 in Business & Finance ➔ Advertising & Marketing
800 products ? I'd time myself doing 10, and multiply by 80 (to know how much time I'll spend on the job)
Add 25% more for breaks & lunch
add 15 % more just to make sure ...
Now calculate the total, depending on the salary you want - and the client is willing to pay.
Good luck !
2006-09-18 07:04:09 · answer #1 · answered by Anonymous · 1⤊ 0⤋
Wow! That sounds like quite a grind. Good luck with it!
In terms of pricing, I'd structure it as a fixed price bid for the job. If you honestly think you can get it done in two weeks (that seems really, really fast to me, but then what do I know) then figure what you could make by the hour at a regular job and double that. Figure 200 total hours and go from there.
Still, you are talking 66 descriptions a day for 12 days straight. Wow! Is that reasonable? Are you going to need to do any research on these, or is it just all 100% creative?
I'm worried that their two week time frame is not realistic. Make sure you feel comfortable that you can do a good job for them before you agree to do anything.
2006-09-17 19:04:10 · answer #2 · answered by AngiesHusband 5 · 0⤊ 0⤋
As an Independent Contractor paying my own Taxes, I would figure that I needed two weeks' compensation at $3500. per week x two weeks = $7000. Because within those two weeks you have to produce 800 plus Blurbs as follows:
1 Hour = 10 Blurbs;
4 Hour = 40 Blurbs;
8 Hour = 80 Blurbs;
So, in One Day you have to do 80 Blurbs
One 6 Day Week you have to 480 Blurbs
Two 6 Day Weeks you have to do 880 Blurbs
2006-09-17 18:03:56 · answer #3 · answered by Valerie 2 · 0⤊ 0⤋
The price quote should have the following components included:
1. No. of hours put in and the normal fees for the same
2. Input expenditure for the project
3. The fee you would have paid for an assistance to make that in a project shape and saleable qualilty
4. Profit to sustain until the next project can be taken- a reasonable one.
VR
2006-09-18 01:24:59 · answer #4 · answered by sarayu 7 · 0⤊ 0⤋
Ask your potential clients, business associates and friends. How much would they be willing to pay you?
Learn what the competition is charging by doing an internet search on "freelance" and your field.
Check with industry associations to see if they offer price lists for the service you offer.
Ask your competition directly - find a freelancer in another part of the country who you can call for an "information interview".
If you're in or have just left a full time job, check with your previous department to find out what they paid freelancers.
Factors that may influence your rate
Your level of experience: more years in your industry or a specific expertise equals greater value.
The client: many freelancers reduce their rates for nonprofit or small organizations.
The project: you may want to increase your hourly rates for a rush job or reduce it for a large project.
2006-09-12 16:13:38 · answer #5 · answered by Tanya 2 · 1⤊ 0⤋
I think about 2US$ per line, ie 5lines x 2$ x 800 products = 8000$ is reasonable.
John K
2006-09-19 00:09:09 · answer #6 · answered by john k 1 · 0⤊ 0⤋
I am not quite sure if I have the right answer for you. But here at the shop (i work in a machine shop) the boss calculates how many hours it will take him to complete a job. Then he times that by our shop rate ($75.00) per hour. So try to figure our how many hours it will take you to get the job done and figure what you want to get paid per hour.
2006-09-12 16:11:57 · answer #7 · answered by surfer grl 5 · 0⤊ 0⤋
I'd call up another copywriter and ask for a price quote from them as a comparison.
2006-09-16 23:30:43 · answer #8 · answered by MarshaMarsha 3 · 0⤊ 0⤋
Check the competition offers at eLance.com (browse copywriting section for similar projects). You have to register to see the price-quotes.
Writing categories: http://www.elance.com/p/writing/index.html
New projects: http://www.elance.com/c/search/main/lSearch.pl?domain=projects&mode=search&stage=results&countries=&keywords=products%20&closing=-1&starting=-1&tier=-1&budget=-1&invite=
2006-09-16 03:33:14 · answer #9 · answered by Sergey Kapustin 2 · 0⤊ 0⤋
calculate it per word. there is a creative factor that needs to be addressed, is it a simple description of the facts or do you need to add colorfull language? There is a definite time crunch issue. i would suggest 6 cents a word for descriptive "factual" language and 10 cents for colorfull language. triple it for overtime
2006-09-14 00:05:59 · answer #10 · answered by bigredtree 1 · 0⤊ 0⤋