scoping, estimating and pricing your projects

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Scoping, estimating and pricing #ATWP

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Page 1: Scoping, estimating and pricing your projects

Scoping, estimating and pricing#ATWP

Page 2: Scoping, estimating and pricing your projects
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AllThingsWordPress.com

Facebook Group LinkedIn Group Google+ Community

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Join us on Slack

AllThingsWordPress.com/slackto request to join

Page 5: Scoping, estimating and pricing your projects

Thursday, April 7Building your own starter theme:

phase three

Diana Nichols & Aaron Reimann

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Thursday, April 14 - 6:30pmWordCamp Notes: What’s the one big thing you

need to do right now?

WP Atlanta MeetUp: Kathy Drewien

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Making the most of Beaver BuilderAaron Reimann

April 21

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Inbound marketing and automation

April 28

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ManageWP Orion Pricing

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Thank You to Our Sponsor

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Thank You to Our Sponsor

Cloud Hosting at shared hosting prices.Blazing fast SSD drives.40% faster then big-box hosters. Free Premium Spam filter.Free Hacker monitoring.Free Cloudflare WAF.WordPress ready!

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Scoping, estimating and pricing projects

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“How much do your websites cost?”

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“Can you include a design prototype with the proposal?”

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“I need a website by the end of the month.”

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Factors that influence pricing

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There are several factors to consider.

Focus on one thing at a time.

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PREQUALIFYidentify the tire kickers as soon as possible

Factors that influence price

Try: prequalification questionnaire

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DISCOVERYslow down and learn more

Factors that influence price

Try: longer, paid discoveries for larger projects

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DEFINE THE PROJECTguide your client on how to best accomplish their goal

Try: present three options after your initial discovery rather than one

Factors that influence price

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CLIENT EXPECTATIONSbe clear, concise and descriptive

Try: create a contract with clear deliverables, solid terms and a timeline for both agency and client deliverables

Factors that influence price

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CLIENT EXPERIENCEmake this an enjoyable process

Try: create a clear process and touch points with your client

Factors that influence price

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CHANGE ORDERScatch scope creep early and communicate with the client

Try: $0 line items

Factors that influence price

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DON’T BE AFRAID TO LOSEdon’t take a job out of desperation

Try: don’t lower your price “just because”

Factors that influence price

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Setting your prices

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Create a proposal boilerplate

Setting your prices

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Number of pages vs “views”

Setting your prices

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Pricing models

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Pricing models

HOURLYfor things you don’t have control over

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Pricing models

FLAT PROJECT PRICINGfor things you can control

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Pricing models

PACKAGE PRICINGfor day rates, identity packages, etc

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Pricing models

VALUE-BASED PRICINGset prices based on perceived or estimated value

rather than time or historical prices

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Pricing models

TIME-BASED RETAINERSagree on a number of hours per month

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Pricing models

VALUE-BASED RETAINERS“we’re here when you need us”

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Examples

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$100 = Totally DIY: Wix, SquareSpace, WordPress.com~$1000 = One person, theme based~$2500 = Templates or limited custom$3-8k = small team, typically semi-custom$10-25k = custom

gmm.to/rabellpricing

Rabell Creative

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Custom site under $3k? No...Good Freelancer: $3k - $15kGood Agency: $8k - $40kAwesome Freelancer: $10k - $50kAwesome Agency: $15k - $100k+

gmm.to/poststatuspricing

Post Status

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Thank You to Our Sponsor