If you want to get anywhere as a graphic designer, or any freelance work, you have to start at the bottom. In other works, you have to work for free or for minimum wage. That’s the only way you can make it. There is no other way. That’s just common sense.
That’s what I hear people who have never entered the world of freelance work. First off, watch this old video that I found on YouTube.
Next, take a look at this comic.
When it comes to freelance work, you can’t undersell yourself. If you actually believe that you should start freelancing for minimum wage, one of two things will happen: you will be grossly overworked and underpaid, or nobody will take you seriously.
Some freelance graphic designers charge more than $300 an hour (although $75 to $150 an hour is much more common, and there are those, at the low-end, that charge $25 to $50 an hour). (Source)
In other words, if a graphic designer decides to charge you (the client) by the hour, you will pay a bare minimum of $25.00 an hour. No graphic designer will accept you as a client if you expect them to charge $10.00 to $15.00 an hour.
If you want me to design a website that you can easily do yourself, then I will charge you less than I normally would. Let’s say I design a website for you using WordPress, I choose a template for you and I customize it, I install the plugins and I write the content for you. If it all takes me 40 hours to do, I may charge $400, plus a one-time fee of $150 for web hosting and a domain name.
If I design a book cover for you, the book cover was high quality, and it took me a week to design it, I may charge anywhere between $1,000 to $1,200.
My pricing strategy for writing is a different. If you want me to write an article, short story, etc, I will charge 0.25 per word. But I won’t write an article that’s less than 3200 words. I will also charge an additional $20 an hour if I have to do research. Although that may change.
If you want me to proofread any of your work, I will make an estimate of how many hours it will take me to proofread your work and I will divide hours by $20.00 an hour.