Fiverr Forum

Are you Offering Very Lowest Price Than the Fair Price?


#83

I’ve built the “fair” price range based on my hourly rate and put samples in my portfolio that reflect the prices, the effort and the time spent accurately. This way, most of the time I don’t overwork myself for peanuts and the client gets exactly what was paid for in the end, no less, but definitely, absolutely no more.

The more difficult and time-consuming projects I either decline to do or charge more for. The downright inadequate requests (links to $2000+ projects on behance with a remark “we want something like this”) I also decline.

Selling for cheap to a reasonable degree to build the profile is a good strategy initially (and by initially, I mean month or two) but after that, you’ll overwork yourself into a coma eventually and create and encourage a client base that runs around terrorizing everyone and demanding the aforementioned $2000+ projects made for $5 (or $100, for the matter, because $100 is so much more expensive than $5).


#85

but master @jonbaas , trust me, there’s no “fair price”, maybe you saying it because you don’t know the loss yet.


#86

Everything has a price. And there is ALWAYS a fair price point. In fact, the point where a seller’s price and the price a buyer will pay for that product/service intersect, IS the fair price for that product/service.

I will never truly “know the loss”, because I choose not to complain about what I can’t have when my sales levels are down. I keep going, keep innovating, keep doing. I take the good and the bad, and I am willing to learn from both.

There are two kinds of sellers… the kind who complain endlessly when things don’t go their way, and then there are sellers who view the low-sale times as an opportunity to try different things, and become better sellers.

The complainers almost always fail, because that’s all they’re willing to do. They want someone else to fix everything for them. And they can’t understand why no one “generously” volunteers to do so.

The “I’m going to make the best of it” sellers tend to weather most storms, and innovate to overcome their challenges. They usually succeed because they never stop doing things – hard things – to improve their businesses.

Which kind of seller are you?


#87

Master @jonbaas you’re the best, glad I can met you here, you gave us knowledge that others can’t see, Thank you :raised_hands:


#88

Some of these replies here went REALLY off the topic.


#89

yeah, reminds me of the “b” letter when I playing online game. :thinking:


#90

Some how you are right!


#91

Excellent post. And from observation I know that you practice what you preach! :slightly_smiling_face:


#92

Thank you! And you’re right… I do. :wink:


#93

Hi,
I completely agree with what you’re saying…so do you price based on labor and experience?


#94

I price my services based upon the work that I provide. And yes, my provable years of experience play into the price as well.


#95

:flushed::relaxed: Thanks.


#96

Hi! Newbie here, maybe a couple of years late.
I’m not keen to go down and offer the cheapest rates, after all cheap is not always good and good is not always cheap.


#97

Wow! that was a nice statement you made. Loved it!!


#98

Awesome suggestion.I really appreciate it.

Nice


#99

@uxreview Thank you very much sir. You are really awesome. After your kind reply I changed my gig offer and it worked like a charm. Now I’m getting order regularly. Thank you again.


#100

Good points all around. But what if we advertise the low price as being a limited time deal in order to encourage people to get in on the action while they can? And after the period is up, we increase prices.


#101

Thank you for your good advertis.


#102

You could certainly try that. The bigger challenge you may be having, is that the competition is fierce here, and you aren’t offering any services that are truly unique.

You are offering a proofreading service. But it doesn’t stand out. It doesn’t compel people to want to hire you, instead of the thousands of other sellers offering the same exact service. The question you need to be asking yourself (and finding a creative solution to) is, "How can I stand out from that massive community of competition? What can I do or offer that will make people want to hire me, instead of that other proofreader over there?

Fiverr sellers that stand out, and dominate their niche, tend to be the sellers that succeed. How can you stand out from the crowd in a way that is unique to you, and only you?


#103

good tip for new sellers :face_with_raised_eyebrow::face_with_raised_eyebrow::face_with_raised_eyebrow: