Setting professional rates and fees–scratching your head on that? Where do you start?

Robert Half International (RHI) and Editorial Freelance Association (EFA) published a range of rates they found independent contractor (and freelancers) charge. Copyediting.com was kind enough to write about these published rates in a single article:

Tip of the Week: What a Copyeditor Earns by Copyediting
Includes ranges of rates for various types of writing and editing.

Listed below are other rate schedules for a variety of genres and industries. You’ll note the wide range of rates. To help you determine where you "fit" in those ranges, consider the following:

  • your years of experience as a writer or editor
  • your level of expertise in a particular genre or industry
  • what type of writing and editing you do (technical, grant, fiction, nonfiction, journalism, "how to’s"; the greater knowledge required to write or edit, the higher the rate you can set)
  • what industry you serve—some pay higher rates (finance, technology, science) than others (gardening, self-help)
  • where you live—some areas pay higher rates (large metro areas such as New York, San Francisco) than others (rural areas or those lacking a concentration of finance, technology, science)
  • how you provide value (how you deliver more than you promise)

Select a rate that you can comfortably and honestly say reflects what you are worth. Then be done with the search and get to work. Over time you’ll come to better know what your colleagues charge. Accordingly, you can adjust your rates as you take on new projects and clients.

Rate Calculators & Schedules
for Freelance Writers and Editors and Independent Contractors

Strategies for Setting Consulting Fees & Rates by Andréa Coutu at Consultant Journal
This excellent presentation offers several strategies for determining your rate by the hour, day, or project, or rates based on performance or a solution offered. Discusses overhead costs and desired profit margin. Helps you approach fee setting from a standpoint of financial well-being.

Setting Freelance Rates the Right Way by Jennifer Mattern at AllFreelanceWriting.com
Covers charging per word, project, or by the hour; workable hours vs. billable hours; salaries vs. yearly freelance earnings.
Similar approach to Andréa Coutu.

Hourly Rate Calculator by Freelance Switch
Takes a similar approach to Andréa Coutu. This calculator asks for your:

  • business costs
  • personal costs
  • how many hours you can actually work
  • desired profit

Freelance Statistics Report by Rockable Press
This article introducing the (for-fee) report includes an hourly rate schedule for a variety of writing genres.

Minimum Freelance Writing Rates by American Society of Authors and Writers (AmSAW)
Includes rate schedules for ad copy; editorial writing (for a variety of genres) and editing; and script writing, editing, and analysis.

Grant Writers Survey by ResearchAssociates
Includes a variety of frequently asked grant writing questions.

AskMetaFilter posts tagged with "freelance" and "rates"

Related Reading

Take a look at related posts in contracts: estimating and quoting.

Rita Braun writes and edits B2B publications for people who research, teach, market, and sell. Take a look at her work samples here, and contact her here.

{ 0 comments }

This is a guest post written by medical copywriter, Jere Paulmeno, owner of Healthcare Copy in Denver, CO. After you read his post, you’ll never wonder again what persuasive copy elements to include in your marketing brochure.

I am a medical device copywriter.

My job is to write persuasively for my clients. My writing helps clients sell to decision-makers responsible for purchasing medical devices used to treat patients in doctor’s offices, hospitals, and clinics. Decisions to purchase medical devices are always influenced, if not always driven, by an institution’s medical professionals.

There’s no grand mystery in how I try to persuade medical professionals, such as a physician, nurse, or pharmacist. As would any B-to-B copywriter, I succeed when I build my story upon a good understanding of the market, the product, and the customer.

What Makes Medical Copywriting Different?

Still, it’s a different beast, the medical device market.

For one, those I would persuade belong to a unique work culture. They are highly-educated, technically, while also dedicated to a simple human ideal—a mission of caring where the stakes can be life itself. Medicine is compassionate, but also science-based, with a focus on objective results. It is a business, too, at the core of an astonishingly-complex bureaucratic system.

Also unique in this market is that product marketing is regulated by the U.S. Food and Drug Administration (FDA). It makes my job easier when I learn upfront what I can and cannot write in promoting a specific product. Otherwise, I may face an epic rewrite after weeks of work due to the red marks of an attorney.

Basic Principles Still Apply

Once armed with knowledge of the market, product, and customer, I then focus on applying the fundamentals of persuasion, as Rita Braun has presented so well in this blog post. These fundamentals apply as well to my writing, or to any other copywriting, because they arise from knowledge of human nature. No matter our station in life, each of us responds pretty much alike to arguments aimed at convincing our heart and mind of a product or cause or idea.

Guided Tour of a Medical Device Brochure

Here is an example of a brochure I wrote to help promote the NeoFeed® drug infusion pump that delivers nutritional solutions into patients unable to be fed any other way. It is used to treat ill or extremely premature babies in the Neonatal Intensive Care Units (NICUs) of hospitals. The pump’s use is prescribed by a physician, but it is typically operated by the NICU nursing staff.

Brochure Audience
The NICU nursing supervisor or NICU nurse responsible for specifying infusion pumps and participating in the institution’s purchase decision. (Once the physician has embraced the generic technology, the nurse generally leads in specifying the actual pump models or brands to purchase.)

Brochure Purpose
To inform and motivate the nurse to contact a sales representative to learn more about the pump. Decision-making often involves additional learning about the product and may include an equipment trial.

Brochure Format
A standard four-page design in which:

  • the Front Page serves as a product message platform to gain reader attention;
  • the two Inside Pages develop the message into a product story, through a narrative and listing of key features; and
  • the Back Page summarizing product specifications, and identifying the product manufacturer and how to contact it.

Persuasive Copy Elements
Note: If you haven’t done so alreay, download the NeoFeed® brochure, then open and view or print it. Each highlighted letter below corresponds to a persuasive copy element listed on the brochure.

Front Page (page 1)
A: Most prominently visible at upper left is the product brand and generic name. If nothing else, you want the reader to remember this.

B: What does not appear up here, but I always try to include it near the product name, is the word “New.” It is a proven attention-getter! But in this case, the client chose not to use it because the pump was not “new” in the sense of being “just introduced”; they had just not promoted it much before.

C: This headline is written to signal the clinical problem (tubing misconnects) and the solution (connect to the pump instead). The problem is addressed in direct speech as an imperative to “Avoid IV Misconnections.”

D: Also important, but less so than the other important things on the front page, and placed at lower right, is the manufacturer’s name. (If the company were large with an instantly-recognizable name, it could be a reasonable strategy to place it on top above the product name.)

Inside Pages (page 2)
E: The product name continues to display prominently to build brand awareness.

F: The inside headline reverses the front page message and in parallel structure urges in an imperative phrase to “Connect to the NeoFeed Pump.” This is the lead-in to the product story.

G: The product story first relates the existing method of nutritional infusion, and then identifies the safety problem posed by this practice. The language used acknowledges that readers are aware of existing feeding practices, equipment and issues, but points out, and then emphasizes, the risk caused by existing practice.

Note that the language also assumes the vocabulary and jargon in common usage among the brochure’s readers. My aim is always to speak directly and clearly, while using the appropriate language and respecting the readers’ knowledge of the subject. The challenge is to infuse drive and urgency into an argument while maintaining an authentic professional voice that mirrors the reader.

H: The problem statement is capped by reference to a hospital regulatory authority’s report that is given in actual quotations. This provides:
     a. credible supporting evidence of the problem, and
     b. a technical recommendation for avoiding the problem that justifies the design
         of the NeoFeed pump.

I:  Sub-headers are used to:
    a. spotlight the brochure’s story through a series of messages that highlight it, and
    b. help the reader navigate the information structure of the brochure.

J: The second sub-header signals the part of the story that introduces the solution to the problem summarized in G above. Here, the pump is described and it’s most important features and benefits are previewed.

K: The reference to the professional report quoted in H above is given here to demonstrate its credibility in the argument.

Inside Pages (page 3)
L: Moving on to the inside second page, here is where all of the pump’s noteworthy safety, simplicity, and convenience features are detailed. The section header expresses that the story has now expanded to show all of how the pump is specially designed for the NICU. The list of short bolded phrases makes it easy to scan pump features and their resulting benefits.

M: This sub-header recalls the headline in order to wrap up the argument for the pump. The brief paragraph consists of a summation statement of benefit and a call to action.

Back Page
N: This list of product specifications gives the reader the chance to scan a technical profile of the pump, in terms of common categories of data that can be compared to those of other pumps with which they are familiar.

O: Ordering and corporate information, with corporate ID element repeated, round out the brochure’s presentation.

I hope these suggestions kick-start or help you improve your marketing brochure project.

If you would like to discuss your project, review my work samples and references, or receive a project cost estimate, please contact me at jere@healthcarecopy.com or 303.452.7732.

****
Rita Braun writes and edits B2B publications for people who research, teach, market, and sell. Take a look at her work samples here, and contact her here.

{ 3 comments }

Advice from the Top: The Expert Guide to B2B MarketingReal-world insights from today’s successful marketers working in an always-on world.

You’re putting together a new marketing program, and you want it to produce better results than your previous one. You know which program elements that need improvement. But are there others? 

 

From program idea to post-partum analysis, four basic practices comprise a well-crafted B2B marketing program:

  • build your strategy
  • develop content
  • implement your plan
  • measure success

The book Advice from the Top: The Expert Guide to B2B Marketing, published by the Colorado Chapter of the Business Marketing Association (BMA), describes each practice and offers easy-to-understand strategies and techniques you can incorporate into your marketing program.

The three main reasons I like this book are:

  1. It provides practical advice I can learn today and do tomorrow.
  2. Each chapter is written by a recognized expert in the field and in plain language. 
  3. It helps me think differently about my business.

Even if you know everything in this book–you likely may–for me, the book’s advice constantly reminds me of what to do.

"Write believable copy."
"Show your prospects you feel their pain."
"Write meaningful marketing messages."

For each piece of advice offered, an example follows, such as what it means to write "believable" copy, or how to show you understand a prospect’s "pain," or why a message is "meaningful."

If you want to recharge your marketing efforts, reading this book and implementing some of its advice may get you going.

Full Disclosure: I am a member of Colorado BMA. I receive no in-kind or cash payment for this promotion. I am simply proud of my chapter and the authors of this book.

Rita Braun writes and edits B2B publications for people who research, teach, market, and sell. Take a look at her work samples here, and contact her here.

{ 0 comments }

Getting to Know New Clients. Creating Great Client Experiences.

audience analysis

I am always in search of targeted questions to ask new clients so I can do two things:  Properly scope a client’s project needs to write a meaningful project proposal and do great work while avoiding scope creep. Determine how I can build value into the project and into my services in general. It’s no [...]

Read the full article →

HubSpot’s Free Marketing Whitepapers

marketing

In exchange for some information about your business, HubSpot, an inbound marketing software company, provides free marketing whitepapers. Well-written with practical information you can apply immediately, I thought you might want to know about these high-quality freebies. About HubSpot: For a monthly fee, HubSpot’s inbound marketing software essentially becomes the nerve center for your social [...]

Read the full article →

Blog Post Ideas

blogging

Stumped over what to blog about? The internet is loaded with ideas for blog posts. Not wanting to feel left out, I created a list of my own. Take a look. If something here inspires, get writing! What will make your readers smarter? What will make their lives easier? Write about that. Announce industry events [...]

Read the full article →

B2B Persuasive Writing–Social Media Update

persuasive writing

You’re an expert at writing persuasively. But how you manage your social media apps and what calls to action you make can help you be persuasive. Read all about it at mashable.com. 6 Ways to Be More Persuasive with Social Media Neil Patel, the author of that mashable post, creatively took Robert Cialdini’s six principles [...]

Read the full article →

Writing Persuasively when Your Industry is Highly Regulated

persuasive writing

When every word you publish is scrutinized by regulatory agencies, how can you go about writing persuasively without feeling like you need to constantly look over your shoulder? By first developing a Key Message Copy Platform. Medical copywriter Casey Demchak carefully words the marketing and sales publications he writes for his clients. Every product claim [...]

Read the full article →

B2B Persuasive Writing–Objectives, Techniques & Publications

most-read posts

At the root of persuasive writing is connecting with your readers on intellectual and emotional levels. That’s the hook. Then you need to demonstrate how you will meet business needs. Buried in them is the cry: Please, make my life easier and better! In front of your persuasive publications sit people who make decisions. What [...]

Read the full article →

What Are the Differences Between B2B and B2C Publications?

editing

The similarity in writing and editing business-to-business (B2B) and business-to-consumer (B2C) publications is that you need to speak persuasively to both groups. The differences lie in each group’s buying process.   B2B transactions can be complex. Many stakeholders usually participate in the buying process, lengthening it from inquiry to sale. B2C transactions are simpler. The [...]

Read the full article →