Jump to content

What is the benefit of subscription in our gigs?


Recommended Posts

It's about knowing your own worth. I don't negotiate on price unless the project is very big (2000+ USD) and even then, I'm not willing to undervalue myself. If you let buyers dictate your rates, that's not a great position to be in. 

With subscriptions, you can offer a discount for repeat clients. It's a great way to keep them coming back for more, increasing your chance of getting a repeat buyer-badge on your profile and gigs. This can factor in to your visibility on the platform and also works like a marketing tool: buyers who see that you have many repeat clients will know that others come back for more, so you must be good. 

Most buyers understand this concept: they're being rewarded for their loyalty. It's why coffee shops have stamp cards and member-cups, and why you get a cheaper price on most services if you get a yearly contract instead of paying monthly. For you, it means some form of financial stability, too. How much of a discount you want to give is up to you. I wouldn't go too high. 

  • Like 10
  • Up 2
  • Thanks 1
Link to comment
Share on other sites

4 hours ago, smashradio said:

How much of a discount you want to give is up to you. I wouldn't go too high. 

Yes, there are plenty of ways to lose value on your work. If you think of it, all the following reduce your wages. 20% commission to Fiverr, Seller Plus, Promoted Gigs, coupons and subscriptions. If you are doing these things, it is best to make sure that you have built in the cost of all these things or else you are killing your actual net earnings, that's before taxes come along. 

 

  • Like 12
Link to comment
Share on other sites

26 minutes ago, newsmike said:

Yes, there are plenty of ways to lose value on your work. If you think of it, all the following reduce your wages. 20% commission to Fiverr, Seller Plus, Promoted Gigs, coupons and subscriptions. If you are doing these things, it is best to make sure that you have built in the cost of all these things or else you are killing your actual net earnings, that's before taxes come along. 

 

I strongly agree with you. If we are providing these things, we should be including costs for those things.

  • Like 10
Link to comment
Share on other sites

2 hours ago, newsmike said:

Yes, there are plenty of ways to lose value on your work. If you think of it, all the following reduce your wages. 20% commission to Fiverr, Seller Plus, Promoted Gigs, coupons and subscriptions. If you are doing these things, it is best to make sure that you have built in the cost of all these things or else you are killing your actual net earnings, that's before taxes come along. 

 

Indeed. My prices are set up in a way so I can afford to give a few discounts to my regular clients, like discounts if they subscribe. I also use Coupons, but sparingly and only for buyers who consistently leave a lot of $$ with me. I like to set it up for special occasions, like having a small "summer sale" exclusively for my best clients or Black Friday. You know - make it fun. If you give out random discounts to everyone who asks, you're shooting yourself in the foot. Or, as we Norwegians like to say: you're standing with your beard in the mailbox! 🤣

Edited by smashradio
  • Like 8
Link to comment
Share on other sites

  • 2 weeks later...

Please sign in to comment

You will be able to leave a comment after signing in



Sign In Now
 Share

×
×
  • Create New...