My husband performs services (he’s an artist and musician), and he has a hard time knowing what to charge. He went for a consultation yesterday with a singer in order to do her music and some cover art. He didn’t know if he quoted too low or too high because she seemed a little put off.
You have to know your customers. For my husband’s music business, the clientele we have in-town are pretty much people are struggling to make ends meet. So, he can’t charge hundreds per song or thousands per session. However, if he charges less than $100 per song and a few hundred for a session, and get more sessions, then he can make a total amount worth his while.
But there is a limit. He recently had to walk away from low paying clients, who wanted him to charge $25/song, and didn’t even have the whole amount when he went to give them the song.
I like the story though. My husband has $10,000 ears and eyes. I wish he would get paid more, but I know that’s not possible in the city we’re in right now.
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