Understanding the Landscape
Freelance web designers in the US earn an average of $4,650 per month, translating to an annual salary of approximately $56,000. However, some designers exceed this average, earning over $100,000 annually. Business Insider spoke with three such designers to uncover their strategies for success.
Building Clientele Through Referrals
Sam Schnitzler, owner of Universal NYC, emphasizes the power of referrals in expanding his client base. By targeting strategic partners such as graphic designers and marketers, Schnitzler offers tailored packages and discounted rates, encouraging them to promote his services. Kyle Theil of Visual Realm also prioritizes word-of-mouth referrals, leveraging local business groups and online platforms like LinkedIn to connect with potential clients.
Valuing Time and Setting Prices
Kyle Theil underscores the importance of valuing time and setting appropriate prices. He advises against excessive discounts, emphasizing the correlation between time and income. Theil recommends understanding client operations and sticking to preferred pricing, even when faced with negotiation. Delegation also plays a role in time management, with Theil outsourcing tasks like graphic design and copywriting to maintain efficiency.
Investing in Organic SEO
Chris Love of Love2Dev stresses the significance of organic search engine optimization (SEO) in attracting clients. By producing valuable content and driving search engine traffic to his website, Love establishes expertise and generates warm leads. Prioritizing SEO has significantly increased Love’s website traffic, demonstrating the effectiveness of this strategy in client acquisition.
Diversifying Revenue Streams
Love cautions against single-client dependency, citing the risk of sudden loss. To mitigate this risk, he diversifies revenue streams by pursuing online training, smaller projects, and monthly retainer clients. Additionally, Love is exploring software-as-a-service offerings to further expand his income sources.
Conclusion
The success of these freelance web designers demonstrates the importance of strategic networking, time management, marketing, and revenue diversification in achieving six-figure incomes. By implementing these insights, aspiring designers can navigate the competitive landscape and achieve their financial goals in the freelance industry.