Dear Dr. Freelance, I am a rookie soon-to-be freelancer based in Europe who’s wondering how much to charge for Twitter ghostwriting.
The background: I am currently finishing a webdesign/copywriting project for a small software startup. Since they are both colleagues of mine and they were offering me the chance to collaborate on future projects, I gave them a 30% discount on an already very conservative estimate. Still, it was quite a lot of money for them.
Now, to get their Twitter account going, they asked me to write 20 tweets for them. They intend to write their own tweets in the future, so some kind of monthly “flat-rate” arrangement won’t work.
How much should I charge? Of course, knowing the two guys and having written their website copy I’m familiar with their “voice,” but I’d still have to do a bit of research for at least some of the tweets.
Since I can’t find any good information about the German-language market, I was wondering if you could give me some feedback.—EuroGhost
Dear EuroGhost, you’re not alone in wondering about Twitter ghostwriting rates, as well as Facebook, LinkedIn and now, Google+. (A YouTube video I created last year, “How to price freelance writing for social media,” summarizes my basic thoughts.)
But given your circumstance as someone new to the industry, I think you need to start by answering an essential question: How much do you want to earn writing per year? With some simple number crunching, you’ve got an approximate value on your time. I’ve yet to see any kind of industry figures on Twitter ghostwriting rates, but here’s what would go into my calculation:
- Research time
- Writing time
- Based on your working relationship, how much time revising and rewriting they’ll require
- Time for uploading, monitoring responses, and replying to retweeters, etc.
Add it up and multiply by your desired rate. The caveat, of course, is that tweets have a horribly short shelf life, which can devalue them in the client’s mind regardless of the time it takes you to write and manage. (As such, it’s absolutely paramount that you measure your results in order to prove the value of what you’ve done.) And if they want them for €5 each, you need to be able to say, “Nein, danke.”
If you can get a decent price, my goal would be to make it so easy for the client, and drive such positive results, that they’d want to extend the project—perhaps then at a flat monthly rate.
Good luck with it, and welcome to the world of freelancing!
Freelancers: Do you have any tricks of the trade to share about ghostwriting for Twitter or other social media? Please share them in the comments!