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Raising Your Rates As A Freelance Video Editor

·7 min read·GoScript Team /Craft

Know when the time has come

Raising your rates should follow two signals: your yes rate is high and your waitlist is full. When almost every quote gets accepted and you turn work away, you are leaving money on the table. That is the clearest green light.

Skill growth matters too. If the work you deliver today is sharper and faster than last year, the price should reflect it. Getting faster does not mean charging less. It means earning more per hour.

Raise new clients first

The easiest raise applies to new clients only. Keep current clients at their rate for one more project, then move them up at the next renewal. This protects the relationships that pay your bills while you test the higher number.

If new clients keep saying yes at the higher rate, raise the old ones too. Most long-term clients expect a modest increase over time. The ones who leave over a small raise were often the hardest to serve anyway.

Raising your rate is not a favor you beg for. It is a price you set and explain.

Announce it clearly and early

Give clients about thirty days notice before a rate change. State the new price and the date it starts in one plain message. No long apology, no over-explaining. Confidence in the message makes the raise feel normal.

Some clients will push back. You can hold the old rate for one final project as a grace period if you value the relationship. What you should not do is shrink the raise to zero the moment someone sighs.

Handle the clients you lose

Expect to lose a few clients with each raise, especially the ones paying the least for the most hassle. That is fine. Losing low-margin work frees time for better-paying projects and for your own channel.

Watch your total income, not your client count. Ten cheap clients can earn less than four good ones and take twice the energy. The goal is steady money and a schedule you can sustain.

Make the higher rate stick

Update your site, your proposals, and your pinned posts the same day you announce. A stale old price somewhere is a reason for a client to argue you down. Consistency in every place you quote keeps the number firm.

Deliver the higher-price work at a level that justifies it. A raise backed by sharper edits and smoother communication rarely gets questioned. The people who pay more also notice more, so earn it in the craft.

Key takeaways

  • Raise rates when your yes rate and waitlist are both high
  • Start the increase with new clients, then renew old ones
  • Give thirty days notice in a short, confident message
  • Accept that a few clients will leave and that is healthy
  • Update every place you quote so the new price holds

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