For freelancers, subscription pricing is like finding the holy grail. It changes the feast & famine nature of project-based work into a steady, reliable income stream.
Last week, we kicked off this conversation, exploring how freelancers could shift from one-time gigs to recurring revenue models. The topic struck a chord, leading to an influx of interest and discussions.
This week we’re going deeper into why this approach is also notoriously challenging for freelancers, and what you can do to have the best shot of making it work.
Without knowing what you're doing, you might try to move to recurring packages only to find yourself overworked and underpaid.
On top of that, clients are often hesitant to commit to recurring packages, fearing long-term commitments when they're used to paying for specific, one-off tasks.
While the transition might be difficult, the payoff is absolutely worth it. Check out this week's podcast where I dive into 7 Pricing Strategies For Recurring Subscription Freelance Clients.
In this episode you’ll discover:
- Why subscription packages are the holy grail for freelancers
- The advantages of value-based pricing
- Understanding that value isn't always financial
- Monthly pricing options to protect yourself
- Creating bundles for your pricing
- When (and how) to charge an onboarding fee
- Price increases over time
- Should you have a contract or not?
- How to offer incentives for clients to sign up for a subscription
- Safeguarding yourself from becoming overworked
For full show notes, visit https://6figurecreative.com/307
