How to price a website
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Hi, I'm gonna develop a website with database, credit card transaction, flash etc.. However, this is my first time. Therefore, i would like to know how to price a website.
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Hi, I'm gonna develop a website with database, credit card transaction, flash etc.. However, this is my first time. Therefore, i would like to know how to price a website.
Do yourself a favor and charge by the hour. As a rookie, it's easy to underestimate the work needed. Many first timers (and some veterans) give a price, then find out more work than originally estimated is necessary. There are also many times when the specs change midway through the project. Get a signed contract with an hourly rate. Also make provisions in the document for unforeseen changes in the spec. A quick example of underestimating: You give a price of $500 for a website. You think you're finished after 20 hours of work ( averages out to $25/hr) The customer asks for changes to be made that take an additional 20 hrs ($17.50/hr). You finally deliver a website that the customer is satisfied with, but overall it took you 100 hrs. ($5/hr) You may make better money at a drive-thru window.
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Do yourself a favor and charge by the hour. As a rookie, it's easy to underestimate the work needed. Many first timers (and some veterans) give a price, then find out more work than originally estimated is necessary. There are also many times when the specs change midway through the project. Get a signed contract with an hourly rate. Also make provisions in the document for unforeseen changes in the spec. A quick example of underestimating: You give a price of $500 for a website. You think you're finished after 20 hours of work ( averages out to $25/hr) The customer asks for changes to be made that take an additional 20 hrs ($17.50/hr). You finally deliver a website that the customer is satisfied with, but overall it took you 100 hrs. ($5/hr) You may make better money at a drive-thru window.
edboe wrote:
You give a price of $500 for a website. You think you're finished after 20 hours of work ( averages out to $25/hr) The customer asks for changes to be made that take an additional 20 hrs ($17.50/hr). You finally deliver a website that the customer is satisfied with, but overall it took you 100 hrs. ($5/hr) You may make better money at a drive-thru window.
Scary but unfortunately true for the unexpecting.