Hourly pricing is a common method of charging for freelance services where the freelancer sets an hourly rate for their work and bills clients for the time they spend working on the project. This means that the client pays for the actual time spent on the project, rather than a fixed price for the entire project.
Hourly pricing can be a good option for freelancers, especially for those who are just starting out. It allows them to set a price for their time and skills, and ensures they are paid for the actual hours worked. It can also help to provide transparency to the client about the work that is being done and the time it takes to complete tasks.
You can determine your ideal hourly pricing using our free rate calculator.
However, there are also some potential downsides to hourly pricing. For example, it can be difficult to accurately estimate the amount of time it will take to complete a project, which can lead to disagreements with clients over billing. Additionally, it may not be the best option for all types of projects or clients. Some clients may prefer a fixed price for a project, or may want to negotiate a flat fee for ongoing work.