How Much Should I Charge For a 500 Word Article?
Rates can vary, and you should be flexible when setting them for your clients. You can choose between a per-word or hourly rate, depending on your skill level and experience. In India, for example, freelancers can charge as low as $0.05 per word. However, you should avoid setting rates based on your hourly rate. That way, you can charge more for longer articles, such as white papers or case studies.
Paying by the word eliminates the vagaries of hourly billing
The concept of paying by the word takes the variable nature of billable hours and applies it to writing, and is commonly used by agencies that manage teams of writers. It also keeps the budget of such agencies in check, as rates are determined by the writer’s experience, reputation, areas of specialization, and editorial services. For example, a writer with SEO experience can command rates as high as $3 per word.
Freelance rates start as low as $0.05 per word
You can charge by the word or per hour, but hourly rates can be less lucrative if your writing skills are specialized. Per word rates are an excellent alternative to hourly rates, but they have some limitations. Specifically, you cannot guarantee the length of your article, so charging per word may not be the best option in some cases. Hence, you should work out a per word rate for each task to avoid overcharging your clients.
Freelance rates for 500 word articles can range anywhere from $0.05 to $0.10 per words, depending on the level of your expertise and experience. Beginner freelance writers typically charge around $0.05 per word, while intermediate and experienced writers charge from 1.5 to 3.5 Rupees. Expert writers can charge anywhere from four to seven rupees per word. The price range is wide, but the rates are reasonable for a beginning writer.
While freelance writers should aim for the highest rate possible, they should also be prepared to lower their rates if need be. This may require some negotiation skills, but with practice it will become second nature. As long as you have a decent portfolio and are ready to accept low rates, you can enjoy a great income with freelance writing. You can even earn up to $50 per 500-word article if you have excellent writing skills and a passion for the subject.
The best way to price a freelance writing project is to set a base hourly rate and then determine the length of the project. For instance, a thousand-word article will take two hours to write. At an hourly rate of $105 per word, it will take you two hours to complete the project. Hence, charging by the word will make the project much more affordable.
However, this rate is not sustainable for a newbie, as it is not feasible for them to write one thousand words an hour. A minimum freelance rate of $50 per hour would be ideal for beginners, but it’s not sustainable for a writer. Starting out at $0.05 per word is unsustainable for a writer who is unable to write at least 1,000 words per hour. Even at these low rates, you will eventually burn out.
When setting rates for freelance writing, it is important to remember that there is no standard rate guidebook. While others can use sites such as Glassdoor to estimate their annual salaries, they can’t provide a concrete guideline. Nevertheless, it’s a good idea to consult a rate guide to get an idea of the pay levels in your niche. You can then set the rates based on the complexity of the writing project.
Cost of a 500 word article in India
The price of a 500-word article can vary a great deal in India. The cost of a basic article can be around 250 rupees, while an expert-level article can cost upwards of two thousand rupees. The price charged per word varies significantly compared to the cost charged per project. Nonetheless, you should always expect to pay more for the final product. To find out more, read on!
How much can you earn? If you write 500 words an hour, you can expect to earn between Rs 1.2 to Rs 600 per article. That’s a nice sum. Even if you only write five articles a day, you could still earn more than Rs 300,000 a year. It will take a few years before you reach your target of Rs 3 lakh per year. But don’t get discouraged – there are many ways to earn a decent income as a content writer.