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What is normal amount to raise



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amother
Cerise


 

Post Fri, Jun 26 2015, 12:12 am
I am a freelancer.

I need to raise my rates


what is a normal amount to ask - is 20% raise normal?
10%?

Please give me your input
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notshanarishona




 
 
    
 

Post Fri, Jun 26 2015, 1:12 am
Very hard question to answer. Depends on if your rates are competitive with market rates. Depends on supply and demand. 20% is huge. To me even 10% sounds big. I would think something like 5% and then in a year if ppl still coming try another 5%
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amother
Tangerine


 

Post Sun, Jun 28 2015, 5:11 pm
Mishpacha magazine had an article on this topic a few weeks ago. See if you can get hold of it. The article said how much to raise your rates and how to raise them without losing your customers.
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amother
Brown


 

Post Sun, Jun 28 2015, 5:38 pm
You can do a higher percentage for new customers but keep existing customers closer to your current fees.
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