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I’ve been making websites as a side hustle to my 9 to 5. I’ve got 8 clients so far. I only charged once off and then put them on my reseller hosting plan. Costs me $17 per month. I’m fine with that but one of them asked me why I dont charge per month and it really got me thinking.
Now I update their sites and add content without charging, but I realize I can make some extra income from this. I want to charge but I’m pretty clueless on coming up with a justifiable figure.
For context, I’m in South Africa, not many people willing to pay for things like that and a bit scared if I charge they will find someone else. So just wanna hear how you came to the price you charge today.
Rate x hours.
Find the typical comp rate, add a little bit because of your experience and quality of work and multiply by the time spent on each site each month. Just like any other service job.
charge annually or bi-annualy, not monthly. makes it easier to deal with people who like to pay late.
99% of my clients are on my reseller account for hosting. So I make money no matter what.
I have no idea the standard of living in South Africa so is $17…with whatever profit $25-$30….is that a lot per month?
+ The price it cost you –> be aware that if you get a big client, at some point, you will use more bandwidth, need more power, upgrade your server.. –> it will cost you more.
So you take the actual cost, consider a bit of room for further upgrade and divide it by the number of clients you have.
+ Add the time you need to maintain those websites, at the price per hour you pay yourself
= What you should charge.
Then you look at what other companies doing something similar actually charge.
–> find a balance between those two, considering your local market: the -if your actual or reachable clients are willing to pay something or not- part.
= What you can currently charge.
Small companies that are not real professionnals- web agencies deal with marketing people who understand the work we do (sometimes)- don’t understand what we do and might not really see the value here: you will need to explain and you better come with some numbers –> by creating content: did you bring them more visitor, for instance ?
Etc.. you get the idea.
Good luck 🤞