How to raise your rates
Freelance Switch has a great article on how to raise your rates without losing your clients. I love how these principles apply to more than just freelance situations:
1. Present your fees in a logical, structured manner that makes it easy for them to understand and select the option that is best for them.
2. Introduce them to the concept that your rates are not static and will be raised according to a strategic plan.
3. Explain what that plan is – for example, annual rate increases on the 1st of January and/or a 5% increase to all your fees every time you add to your qualifications and skills.
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