Tuesday, June 17, 2014
The One Thing You Must Do Before Bidding on an Editing Job
Typically clients who hire you to edit want to know one of two things (or both): how much you charge per hour and how much you'd charge to edit his project. (Keep in mind that "editing" can mean different things--does your client want someone to do line editing, copy editing, or developmental editing, for example? I only do developmental editing for clients as the first two are outside my wheelhouse.)
Hourly rates vary, but you're usually talking in the $20-50/hour range, depending on your experience and the type of project. After reviewing your client's project, or a part of it, you can bid on it based on your hourly rate.
However, if you're editing a book or a longer project, make sure that you review more than the first chapter. The first chapter is the one that the client has spent the most time on, and it's likely to be much "cleaner" than the rest of the material. I made this mistake once early on, basing my bid on a quick scan of the first chapter. It wasn't in bad shape and I didn't expect the job to take much time.
Well, chapter 2 was worse than chapter 1, chapter 3 was even worse than chapter 2, and chapter 4...you get the idea! I'd quoted a project bid based on the number of hours I expected to work, and I was way off. The result was that my hourly rate plummeted. I've never made that mistake again; I skim the entire project before I quote a bid. (If you don't have time, choose a chapter from the middle of the book, not the first one.) You'll have a more accurate sense of how much work the editing job will take.
Your assignment: If you select only a portion of material to review to quote a job, make sure it's from the middle of the book, not the first chapter.
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Thursday, April 10, 2014
Build a Better Bid: A Template for Freelancers
Sound like a lot? It is. But the end product—the finished proposal—will be worth it. I'm assuming that you're willing to do some of the research and work with me on the sample chapter and overview in particular; that will save me some time. As I told you yesterday, I typically charge $5000 to $10,000 for a typical proposal, but considering the subject matter and the level of your involvement, my fee will be $4,500. This includes all of the elements of the proposal including one sample chapter, to be delivered within four to six weeks (at a date we agree on.) I'd like $2,000 on going forward/signing a collaboration agreement (see below); $1,000 upon delivery of the draft proposal (without the sample chapter): and $1,500 upon delivery of the finished proposal with the sample chapter. [I've given my bid, finally, with an explanation of how I reached the figure I'm asked for. I've also made it clear that I need a retainer to get started.]
What else? I think we've got a good rapport, and I'm reliable, professional, and easy to work with. If I tell you I'm going to do something, you can count on me to get it done. I love collaborating with smart people to get their ideas in print, and helping them become book authors. [Just reminding the client of how awesome I am. :)]
**Readers, what do you think of the proposal? Do you like the tone and format? It worked--my client hired me to write the proposal at the fee I requested. While our agent wasn't able to sell the actual book, my client was happy with my work and hired me several years later on another project.
**Want to see more bids that worked? Check out Goodbye Byline, Hello Big Bucks: Make Money Ghostwriting Books, Articles, Blogs, and More, Second Edition; the print version will be in print from Improvise Press by September, 2014.
Sunday, March 30, 2014
Bidding to Get the Gig
With that in mind, I offer these tips on bidding. First, try to get a sense of the client’s budget if at all possible. Let's say I'm asked by a regional publication how much I charge for reprints. I'll counter with, "What does your market usually pay for reprints?" The response will affect how much I ask for. Here's the thing--I've had reprint markets pay as little as $40 and as much as $500 for rights to a story. I want to get as much as I can, but for a reprint (which requires very little work on my end), I'm more than happy to work with a publication's budget.
Second, give reasons to support your bid. If I'm asked to quote my fee for a speech, for example, I point out that I've been a professional speaker for more than 10 years, and have keynoted corporate and nonprofit events. If I'm asked to quote a fee for ghostwriting, I'll highlight the fact that I've been ghostwriting books for nine years, and have experience working with traditional and POD publishers. Never give a bid without demonstrating what you're worth it.
Third, if at all possible, provide your bid in writing. A written bid lets you demonstrate that you are clear on the the scope of the project and your client's goals. Taking the time to provide a written bid also prevents you from blurting out a number that's too low--and then regretting it later.
Finally, make sure that you demonstrate how your background and experience sets you apart. Chances are that your potential client is looking at other writers, too, so your proposal needs to make it easy for the client to choose you over them, especially if your bid comes in higher than others. I'm upfront about the fact that I charge more money than (some) other ghostwriters. So I want to convince the client she wants me enough to choose me over someone who may be cheaper. That's why I always explain how I will approach the project (without giving too much away) before I bring up money. In other words, sell the client on you first, and then state your price.
Wednesday, September 14, 2011
Stick to your Standards: A Lesson in Bidding on Work
Anyway, he sent me his book and asked what I would charge to edit it. A quick review convinced me that he didn't need an edit but an overhaul--he's got some good material but it's buried among a lot of not-so-great material. (It's his first book.) I told him I needed more time to read through it, and then emailed him to tell him I thought the book needed reorganizing and rewriting, not just editing...and suggested he hire me to do that first, and then to stay on as an editor afterwards.For example, I'd cut the first three chapters altogether; they don't work with his premise. I also told him some specific instances of what I'd change (without "giving away the store," so to speak).
Long story short, I got the job--because I didn't just give him what he asked for (an editing bid) but because I gave him what I thought the book needed, and made the case for it. Explaining what I could do, and the benefit to him got me the assignment.
Sunday, January 16, 2011
A Month of Templates: The Project Bid
In the proposal, I provide my bid, and describe the scope of the work of the project. Sometimes it’s beneficial to list the amount of hours you estimate the work will take; in other situations, you'll just give a flat “project fee.”
Here’s an example which I used for a small advertising agency that needed a writer for a full-color brochure for its client. (My fee was based on my hourly rate at the time.) My comments appear in green:
***
DATE
Re: Smooth Stone Brochure
Dear Diane:
It was a pleasure speaking with you this morning about the referenced project; thank you for giving me the opportunity to bid on the Smooth Stone brochure.
My bid to provide the copy on the project is $1,200, which includes:
• Phone calls with client re: theme and purpose behind brochure;
• Trip to Smooth Stone to visit site;
• Initial draft of copy;
• Reviewing and discussing copy with client;
• Phone calls with you and client re: copy, layout, etc.;
• Editing and revising copy; and
• Final copy for production. [I like that I've explained the amount of work writing the brochure will entail; in this case, the ad agency's client insisted I visit the company in person so I could see firsthand what kind of work they did. That meant more time, and a higher bid. In retrospect, though, I would have clarified how long the brochure would be, either in pages or words, to keep the project from growing into a larger one than I expected.]
Thanks again for your interest and I hope we’ll have the chance to work together.
Very truly yours,
Kelly James-Enger
***
Readers, this is a simple but effective bid, and it got me the job. You should have a similar template on hand for any work you do that may require a proposal. Next up, a longer, more substantial bid for a book proposal.
Tuesday, December 14, 2010
10 Questions to Ask Potential Ghostwriting Clients
Before I can determine whether a project has merit (at least for me), I need some background information. I ask every potential client the following ten questions:
• What kind of book (or other project) do you have in mind?
• How long will the book be?
• Why do you want to write this book? (Does the client want to attract more business or simply get her memoir in print? Is she expecting to make money from her book?)
• What kind of material do you have for your ghostwriter to use? (Has the client started the book? Does she have an outline or other research/notes I can use as a starting point?)
• What's your deadline?
• Why are you considering using a ghostwriter? Have you worked with one before?
• What kind of publisher do you plan to work with? (Is the client planning to try to sell the book to traditional publisher or use a POD publisher?)
• Who's the audience for your book?
• How do you envision working with a ghostwriter? (In other words, does he want you to do all of the research and writing, or will he be doing some of the writing himself?)
• What budget do you have in mind for this book? (I'm happy to bring up money last, but I always find out what my client's financial expectations before I even consider bidding on a job. I've learned that lesson the hard way.)
With the answers to these ten questions, I know whether I want to pursue the project, first off. I also have enough info to make a sensible bid, based on my expectations of the work involved.
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