Fri, 30/07/2010 - 11:43 — JoCooper
I have a potential first client for my new business which is based around collaborative marketing but really struggling to put a price together for the project. With no knowing how much time I am going to spend on it, I don't know where to start.
The project is to develop a brand - to come up with an identity, values and visuals. The visual element is easy enough to do but is the brainstorming and identity that I am not sure how to approach. I realise that I will probably spend more time on it than the budget due to it being my first 'own' client.
Any advice on the best way to develop a pricing strategy for branding projects would be gratefully received. I know that a certain amount is guesswork, but should I suggest a number of days and stick to it, or perhaps ask for a retainer payment per month as it develops.
Many thanks in advance