At this point in the “narrowing down” process, it’s important to determine the price range for your services — low, mid and high-end– and exactly what type of services are available at each price level. This framework will direct your future marketing efforts. So what’s the connection?
Economic factors come into play once again. For the most part, the advertising budgets of the different segments within your target market will mirror your price range. In other words, some small business owners will have more money to spend on your services than others do. You need to decide which type of clients you want to attract… those who demand high-end, or those who want mid-range, or those who seek low-end services.
A rough pricing framework might look like this…
Low End ($100 to $200 per page) = simple pre-designed template, a 2-page brochure-style Web site, client provides content, basic Web presence, etc. Mid Range ($2000-$3000 per site) = some customization, content editorial assistance, graphic design, traffic generation, marketing advice, etc.
High End ($4000-$5000 per site) = more customization, content development, graphic design, traffic generation, traffic stats collection and reporting, ongoing site maintenance, marketing, etc.
Realistically, in the start-up phase of your business, most of your work will come from clients looking for low to mid-range priced services. So here are a few things to consider with these two particular groups…
Low-end service has some distinct advantages. Simple construction and predesigned templates allow you to produce several Web sites very quickly. Even though the profit per job is low, you can make it up in volume. A decent income is achievable as long as you can establish a steady flow of work. Like any business decision, there are pluses and minuses to consider. On the plus side, it is much easier to find work in this price range. Many small business owners have no idea what is involved in designing a Web site. The low-end price range fits with their preconceived price notions and more importantly, their advertising budgets.
On the minus side, any design job requires client interface. The more time you spend working directly with individual clients, the lower your hourly income is and the fewer jobs you can do. The key is to clearly define what the client gets for the price… and stick with it. Maintain a balance between good client service and reasonable support. If you don’t, the job can easily take two or three times longer than you initially expected. When that happens, you are moving from low-end to “zero-end”
territory — a huge waste of time and money for you. At the mid-range price level, work is harder to find, but it pays better. These clients expect more than “just a Web site.” They expect you to be able to talk to them about Search Engines/traffic generation, Internet marketing, and what a Web site can/should do to promote their businesses.
Usually, fees for these designs are quoted by the job, with an hourly rate for unscheduled labor, changes, and support. The jobs tend to be bigger than the lower-priced work, and they require much more time investment in dealing with clients.
If you are new to Web site design and marketing, your best option is to start with low-priced designs while you develop your skills. Once you have assembled a decent portfolio, secured some testimonials, and honed your skills, you can then move on to mid-range, custom design work.
You may, of course, decide to stick to making lower-cost Web sites because you enjoy that type of work and you find the income level satisfactory. Or you could go for the combo. It’s up to you. It’s your business (literally) as to which segment of your niche market you want to target.
SIDEBAR
The SBI! system will increase your profit margin for every contract, regardless of which price range it fits into. With SBI!, you will be more productive. It will help you build sites faster and make more money per site. (SBI! looks after the timeconsuming, tedious tasks involved in traffic generation.) You can have more happy clients with less effort on your part! (http://webmaster.sitesell.com/)
And now it’s time for the final marketing secret for your Webmaster business to be revealed. It’s short and sweet. Always write content directed at your primary clients. This applies to all your promotional efforts — Web site, direct mail, phone calls, print advertising, You might be tempted to make your copy appeal to other groups that you think may want to hire you. Don’t. When you identify other potential markets, run a separate advertising effort for them.
And now it’s time for the final marketing secret for your Webmaster business to be revealed. It’s short and sweet. Always write content directed at your primary clients. This applies to all your promotional efforts — Web site, direct mail, phone calls, print advertising, You might be tempted to make your copy appeal to other groups that you think may want to hire you. Don’t. When you identify other potential markets, run a separate advertising effort for them.
Taken from : The Webmaster Business Masters Course
Build Your Webmastering Business While Building Your Client’s Business