The topic of pricing as a freelancer is often a touchy subject. If your a newbie, and itching to snatch that first client, it is so tempting to just shoot a random number you think they will like in order to seal the deal. We all know doing this has dire consequences as well. Sure you landed that client, but is the return a great one? For example, Freelancer A works 80 hours to make $300, and Freelancer B made the same amount under $50. Why is this you may ask? Freelancer B charged a higher rate, and probably did his or her research, where as Freelancer A works his or her tail off to make a few bucks.
There are a number of things to keep in mind when pricing your products and services. I suggest looking up the art of pricing to get a feel of how this concept really works. It is really more beneficial to create a pricing strategy before you divulge into steady freelance activity. In general, when it comes to pricing, you have to consider your Costs, Competition, and what the overall market rate is.