Re: how much is your budget? [Scheduled to Archive]


#1

As an American, I’m a Westerner. As an Asian, you are from the East. East and West are opposites, and often we think oppositely. In America, notifying a bidder of the budget range is a crime that sends you to prison. Not always of course, but often enough.



When your gig profile says you do this and that as a basic gig, and I contact you about it, asking about MY budget is waving a RED FLAG, like a Matador in a bull fight. So when I say “my client gives me $2,500/month for outsourcing” do not think you have any chance to get it. That is to save face, only. To answer your question without answering it.



We all know if I say my budget for that project is $75, we all know how much you will request. It’s best for you to tell us what is YOUR BUDGET to finish the opportunity presented. NEVER say you are only a middle man with “a team” who pays you for “business development”. We come to Fiverr for good deals, and your questions convince us that dealing with you is not a good deal for us.


#2

Reply to @reinier01: Your reply is Proof I’m correct, as opposites.


#3

Reply to @toutou123:

"I think that it makes sense to make it illegal to tell the bidder the budget. because he will bid for the top of it. and the company will lose money because he would choose a smaller price if he didn’t know."



Thank You!






#4

What are you talking about? You make it sound like most contractors are sitting around waiting for an opportunity from a prejudiced American. We have every right to request details of your proposed budget, and your refusal to reveal it would be HUGE red flag for me, as it would be for most, if not all contractors.

You are likely to request endless revisions and modifications to get a “good deal”, but in all fairness, I have many American clients, and all of them are honest, friendly, and considerate, so I guess you must be the exception.


#5
toutou123 said: I think that it makes sense to make it illegal to tell the bidder the budget.

That idea is idiotic at best.

What should be “illegal” is Buyers who say they have NO BUDGET because they are just trying to lowball on price and/or have no idea the market price of what they are asking for.

I ALWAYS ask for a budget upfront just to save the Buyer and myself a bunch of wasted time and energy.

Buyers ALWAYS HAVE A BUDGET and here is how I know.

BUYER - I love your work and want around 30 seconds of animation.

ANIGRAMS - Contact me with your budget, script and/or storyboards.

BUYER - I don’t have a script or budget since I am new to Fiverr and have no idea what this will cost.

ANIGRAMS - I will do a basic talking head 30 second animation with one of my existing 50 original characters on one of my original backgrounds if you provide the audio for $1200.

BUYER - WHAAAAT!!! $1200!!! I thought this was Fiverr?

ANIGRAMS - So we’ve now established that you budget is LESS THAN $1200… is that correct?

… and scene.

QED

Buyers don’t want to say what their budget is until you blow their mind with what things really cost.

If the Buyer had simply contacted me with a real Budget upfront the problem would solve itself.

BUYER - I love your work and want a 30 second of animation. I have a max budget of $400.

ANIGRAMS - Unfortunately there is nothing in the 30 second range I can do for $400. My rate is $60 per hour and the average 30 seconds spot you can see on my ANIGRAMS YouTube channel is at least 2 full days of work.

I would suggest you read you script out loud and time yourself to make sure it is actually 30 seconds. If you cut down the length of the script I may be able to help you.

Cheers,

Roy



#6

I never ask what’s the buyer’s budget. The buyers tell me what they need done, I tell them the price. That’s it. If they place the order, great. If they tell me that they don’t have that much, I politely advise them to look for a seller with prices better suited to their budget.


#7

Useful content


#8

As a buyer, when I need a service/product, online or offline, and the seller asks me for my budget, I just move on to the next provider.
I want the seller to tell me how he values his own work, as he’s the one doing it. It’s not that difficult: “my rate per hour is X, and to do the job I need Y hours”. I’ll then decide whether I find it fair or not, or whether can afford it or not.
What my budget is, only matters to me.


#9

I think there are many sides to this. I sometimes (not always) ask for the client’s budget range. This is not to alter my prices but to actually better understand what is available to them so I can outline what I can do within their proposed scale.

This is a bit like an estate agent/realtor. In the UK, you are asked your budget when looking at houses. The agent will usually show 3 types within that budget - the fixer upper, as close to budget as possible and the ‘dream’ over budget.

Knowing the budget allows me to outline different options going forward proposed on their resources. You may say, why not send through all options anyway? Well - why not show them to every single house on your books? It isn’t possible. I’m not going to write a full service proposal with 3 different options for someone who just wants to spend $5.

I think it’s about give & take and trust. Just because you may tell me $500 doesn’t mean I’m going to quote $500 but you need to trust me to mention that info - that’s where rating etc come into play to show themselves as more accredited.

If you were privately viewing a house, would you tell the seller your budget? Probably not. What makes this different to an agent? (they just relay your info anyway). It’s all about trust and perceived accreditation.


#10

I think there is no need to know buyers budget, unless he refuses to pay the amount you find fit and asks for discount… When something like that happens I may ask what he can afford.
I also never explain my quote. It’s not possible to prove how much time you’ve spent on the particular thing anyways, so better not to give buyers another opportunity to complain and be greedy. If buyer agrees with my terms - I do the job. Otherwise, I wish him the best luck working with someone else.


#11

Reply to @wordpress_luv: I have no idea what you are talking about. As I state clearly earlier “My rate is $60 per hour” and the average 30 seconds spot you see on my ANIGRAMS YouTube channel is at least 2 full days of work.

Simple Math

60 Minutes = 1 hour = $60

1 Day = 10 hours = $600

2 Days = 20 hours = $1200

Pretty clear to me - $1 per Minute of my time.

Please illuminate us ALL with you business acumen how I could make this any simpler for you?

As for you “hoping to purchase near the basic gig fee” that is an idiotic supposition.

No one in their right mind does to the $1 STORE hoping to buy out the whole store for $1 … You pay $1 PER item and the store determines what the PER item number is… NOT YOU!

My number is $1 per Minute of my time = $60 per Hour. DEAL WITH IT!

Cheers,

Roy

BTW - For the amount of my valuable time you have wasted responding to your message, you now owe me $42.


#12

My approach involves giving the buyer what they would get for a set price and then using that scenario to extrapolate the project size and the true cost. This I believe works for both parties.

However there are few instances where I have asked to get an idea of the budget and in all cases it always involves enquiries where the project is complex and huge in size thus requiring a team of developers and more often than most, the buyers didn’t have a development plan. I usually end up explaining what is involved and the resources required and then wish them good luck.


#13

Reply to @wordpress_luv: Dude, you need to take a Chill Pill or whatever meds you are off today because quite frankly your ranting and raving makes it sound like you are losing it. L-)


#14
wordpress_luv said: written USA English

Anyone who uses the term “written USA English” is obviously not a real American nor real Westerner. In our American ethnocentric culture we just say we write and speak “English.”

Your bluff is called.

Your profile says you are from the Philippines and that ain’t Western nor American by any stretch of the imagination.

I would suggest you keep your illicit “business”:

wordpress_luv said: Here in Cambodia I can buy McDonalds, drugs, 2-hookers and a cheap hotel room with what I don't pay you. It's just business, okay?

BTW - When you build your Fiverr fantasy “Crowdfunding project to provide 7MillionJobs by December 31st.” please let the World media know the full story.

Isn’t your claim far more jobs than what the Obama administration has taken to create in nearly 7 Years?

QED

Cheers,
Roy


#15

I don’t think I’ve ever asked for a budget before but I don’t see any problem with people that do.

Usually, I ask a few questions to get a good idea of whats needed and I send two or there cost options to the buyer depending on the complexity/quality needed. Some say, great! Money is not a problem. Others say, forget it! But that seems to work and I don’t end up feeling underpaid.

Now, whenever I go to an agency my very first question is; What’s your budget? And thats because I want to offer the best I can do for the money that they have for the project. After all, you are competing against other bidders.

@wordpress_luv My guess is that some of the people you’ve dealt with in the past are just trying to get you the best offer for the budget you have. I would just add a quick replay to your message box that reads the following;

I don’t have a budget right now. I am looking for the best offer I can get considering quality and cost. What would you charge for what I’m asking for?

That might work better for you.


#16

I think there shouldn’t be an issue at all regarding asking this question…
Our intend always is to give service accordingly…


#17
wantedhero said: So my 2 cents would be to forget asking about budget and bid what it's worth to you. If it's too high, it'll come up, or they'll walk away...

#18

I like this!

fastvideo said: I don’t have a budget right now. I am looking for the best offer I can get considering quality and cost. What would you charge for what I’m asking for?

#19

I will be honest. I always ask budget of the buyer to see whether the buyer is a potential one or not. Because sometimes buyer is so low on budget that he wants that everything should be done in 5 bucks :(|) so to avoid those buyers I always ask it in the start.


#20
ahmadtalhaazam said: I always ask budget of the buyer to see whether the buyer is a potential one or not. Because sometimes buyer is so low on budget that he wants that everything should be done in 5 bucks :(|) so to avoid those buyers I always ask it in the start.

Exactly!