How much are you willing to spend? Let’s discuss these issues in more depth.
1. The car-buyer question: You’re about to buy a car and want to learn a few things. Your payment is one of them. Similarly, how you handle the tab for your website design is a case in point. You may choose to pay cash at this stage. You might also use a mortgage-backed loan to pay for it. However, there is one thing you should never do with a Paypal “donation.” A common feature of these donations is that the designers keep 100% of the profits, with the remaining funds going to the website’s creators. When looking for a web designer, a sensible business owner should ask these two key questions:
- Will the designer be going around asking people for sale?
- If so, is the designer going to give you 100% of the profit?
This one question can help you save hundreds, if not thousands, of dollars! A professional designer is unlikely to make you a 100% sale. Finding a designer who is willing to make a partial sale is a better option. You still receive a good website design if you make a partial sale, but you aren’t looking for a designer’s entire profit.
2. The information-request question: The next thing you need to figure out is what information you need to provide. This is your budget. You do need to know exactly what you will be paying for. More importantly, you need to know what you don’t need.
- Do you really need to know the designer’s name? Or his address? Or his phone number?
- What are you looking for? Will you need to supply your company’s website address? Do you need to supply an additional payment for this service?
3. The money-splitting question: Is it necessary to pay extra money to split profits 50/50? Or will you pay the designer a share of the proceeds from the sales? This is simply another crucial question that will influence your cost. More money means more profit. Higher risk equals a higher reward. The majority of the people that use freelance designers pay a percentage of their profits to the designer. The amount of money charged can be used to determine this. If the designers are charging a lot, the project will almost certainly cost a lot of money. If the designers are charging a lot but only making a small profit, they are either willing to work with you on the changes or don’t need the extra money. If the designers do not pay a percentage of profits, they are more likely to work with you on the changes if they do not pay a percentage of income.
So, if you want a web designer, you’ll need to estimate a percentage of profits. This is the most crucial question you should ask a designer because it will decide how much you will pay them. Most of the designers will take a cut of your profits, although these are few and far between. You know the designer knows what they’re doing if you’re asked to pay a big percentage of profits. If the designer refuses to give you profits, it’s safe to assume they’re uninterested in your project and don’t care about your profit margins.
Keep in mind that the designer is unlikely to know the exact profit percentage. They’ll see you’re serious about making money. They don’t need to know how much money they’ll make. They need to know that they are paying you well enough for you to contribute ideas and perhaps take a portion of the project is profitable. You should charge them about 10% of the profit at the most.
4. Another thing to think about when selecting a designer is whether they need your site to be updated to your specifications. If they don’t, you’ll have to pay them because they won’t be able to provide you with a good profit margin. If they do require your site to be updated, be sure they can do it at no cost to you and that they have provided you with a detailed description of what needs to be changed. You should not be comfortable with a fee if they have given you a clear description of what needs to be updated but will charge you for it. This fee will most likely be a percentage of the profits generated by sales made through the site. It is probably best to search for someone else if the designer has given you the site and told you that they could update it at no cost and charge a percentage of the profits.