Pricing and positioning
How much should a freelance designer charge?
The most important number in your pricing isn’t your day rate, it’s your minimum project price: the lowest figure you’ll accept for a job. Set it deliberately and a $100k year needs as few as five clients; leave it to default and you’ll need fifty, and that’s the version that breaks you.
Look, more clients won’t get you to $100k. One number will.
What’s the maths behind a $100k design business?
Here’s the breakdown I walk designers through inside The Sprint.
- 5 clients at $20,000 each
- 8 clients at $12,500 each
- 12 clients at $8,500 each
Same $100k, a very different life. The default most freelancers drift into is 50 or more clients at around $2,000 a job, and the maths of that turns against you fast, because you’re always pitching, the admin eats your week, and every project ends with you starting from zero again.
50 clients at $2k isn’t a business. It’s a part-time job with extra admin.
Should designers charge hourly, per project, or on retainer?
Hourly pricing caps you at the number of hours you can work, and it quietly punishes you for being fast. Project and retainer pricing tie your fee to the outcome instead of the clock, and outcomes are where the money is.
The designers I mentor see this shift play out in real numbers. One went from $70 an hour to $10,500 in packaged projects in a single week, not because his work changed, but because what he was selling did. Another added a $5,000 monthly retainer on top of an existing $11,000, so he now earns $16,000 a month from two clients. Two. Another moved his day rate from $350 to $500 and nobody blinked.
How do you actually raise your prices?
Three shifts, in order.
Stop being a generalist. A designer for everyone is a designer for no one, and generalists compete on price because price is the only thing left to compare. Specialists get compared to the value of the outcome.
Sell the outcome, not the hour. Your client doesn’t want 40 hours of your time, they want the rebrand that lets them raise their own prices, or the site that converts. Price the destination.
Set your minimum project price and hold it. Your minimum price is a boundary, not a brag. Set it before a client sets it for you, and be honest with yourself, the hard part isn’t raising the number, it’s not flinching when you say it out loud.
Frequently asked questions
What’s a realistic minimum project price for an experienced designer?
It depends on your niche and market, but the designers I work with typically land between $8,500 and $20,000 per project once they’ve positioned properly. The point isn’t the specific figure, it’s that you chose it on purpose and the maths of your year works backwards from it.
Won’t higher prices scare clients off?
Some, yes, and that’s the mechanism working. Low prices attract clients who buy on price, and they’re the most demanding, least loyal clients you’ll ever have. Clear positioning plus confident pricing attracts buyers who compare you to the outcome, not to Fiverr.
Do I need more leads before I can charge more?
Usually it’s the reverse. Underpricing keeps you so busy with small work that you’ve no time to find better work. Raising the floor frees the capacity to go get the clients who can pay it.