Monday, November 11, 2013

How to Decide What to Charge Resume Clients

Deciding how much to charge is one of the biggest challenges for resume writers. The vast majority of resume writers charge based on the project, not by the hour. That's because jobseekers may be reluctant to commit to having their resume developed without having a specific price quote. 

Another factor to consider is how your clients feel about hourly rates versus project rates. If you're just getting started, you can do a few tests to see how your clients respond. I can tell you that, after 17 years as a resume writer, clients prefer flat rates, not hourly pricing. And remember, if you can get most of your work down to flat project rates, you'll actually end up earning more money in the long run. The reason is that the more you do something, the faster you get at it.

With an hourly rate you're often being punished for being fast. But, you can get into trouble with flat rates too, if you underestimate the time required for the project. 

There's also the question of whether you should you offer pre-set packages, or quote project individually? It's up to you. If you have pre-set levels (like "Professional" and "Executive,") sometimes you'll run into clients who get a package rate who will suck every single hour of every single day out of you for a small package rate. Don't allow that to happen. Keep your contracts very tight, and your duties very clear when you create a package rate. Make sure clients "fit" in the level they're choosing. 

Also, in order to create a solid package rate you need to understand how to write a good contract and properly price packages. 

If you quote each project individually, you'll also be estimating the amount of time you'll spend on a project. Package rates are really based on hourly rates. Don't have an hourly rate? You should. You can use this worksheet to calculate your hourly rate.

If you know what you want to earn hourly, then you simply estimate how long the project will take you if all goes perfectly, multiply by your hourly rate and that is your base project rate. But you're not done yet. Nothing ever goes perfectly, right? Take that fee and multiply it by 1.5. You now have your project rate. 

Then add in some conditions to the contract, such as how many times you're willing to edit the project (most resume writers include one revision), or how many hours you're willing to put into the project. Be very specific about what your responsibility is to the project and the client's responsibility to the project. Be very clear on when deliverables are due from a client and from you. Your contract cannot be too specific; leave no ambiguity. A sentence such as "Any work outside the scope of this project will be billed at my normal hourly rate of $50 per hour" can help alleviate many problems.

Tuesday, November 5, 2013

Nine Ways to Show Your Resume Clients That You Care

Is customer service dead? It sometimes seems that way, doesn't it? Some businesses don't seem to appreciate that they wouldn't exist without their customers. But for most resume writers, I find that customer service comes first. If this is your mindset, here are nine ways to show your customers that you care.

1. Loyalty Discounts. You often see new customer discounts, but what about giving your long-term customers a loyalty discount? It drives me crazy when my cable company offers new customers an introductory rate that is 1/5 of what I'm paying, and I've been a loyal customer for YEARS! So consider offering existing customers a special offer when you roll out a new service or information product. And make sure you position it as a loyalty discount. ("Because you are a valued customer of ABC Resumes, I'm giving you my best discount on my new LinkedIn Check-up. New customers will pay $99 for this comprehensive profile analysis and development of a targeted Headline, but because you're already a customer, you get it for just $59.")

2. Thank You Notes. Writing thank you notes seems to have gone out of vogue, but you'd be shocked at how much a nice handwritten note will mean to your customers. You will stand out to them and next time they need their resume updated, they'll think of that note.

3. Remembering Special Days. If you've collected information on your customers such as birthdays, anniversaries or other special days, drop them a card in the mail. It's also a good time to give them a birthday discount. You can also give them an anniversary discount each year (on the anniversary of the day they started working with you!) This ties into tip #1 too.

4. Referral Rewards. Your happy customers will likely tell others about you anyway, but why not encourage the process by offering referral rewards. You can offer a percent off future services or a free gift; it's up to you. Some resume writers offer a Starbucks gift card or Amazon gift certificate. Or you could gift them a free copy of one of your ebooks. All will be appreciated.

5. Prompt Service. Another way to make your customers feel cared for is to offer very prompt service. Treat their work as if it's your sole priority and get it done on time or early. They will notice how you treat them.

6. Going the Extra Mile. You've heard the saying to "under promise and over deliver" before, but it cannot be said enough. If you can go the extra mile for your loyal customers, they will notice. Even if it's just something really small, they'll notice and feel cared for.

7. Ask for Feedback. People love giving their opinions about things. But, often they will not do it if they're not asked. At least quarterly, send your customers a survey to ask them how you're doing and how you can do better. But don't ask for feedback about things you're not able to implement. (Don't ask them if they want access to workshops or teleseminars if you hate to speak, for example!)

8. Be a Resource. Sometimes we can't be all things to all our clients. Perhaps they need something we cannot deliver. Therefore instead of just saying no, say yes by recommending someone who can give your client what they need. When you become a resource to your clients, they'll become loyal to you because they know you care about more than the almighty dollar.

9. Give Extra Value. Speaking of resources, jobseekers crave information. Be an information resource for your clients. Provide them with ebooks, special reports, teleseminars/webinars and other content. (This is easy to do using Pass-Along Materials that you can publish "as-is" with your name on it!)

People have so many other options available to them today that they really don't have to patronize your resume writing business. Remember that customers can and will go elsewhere if they are not happy. It costs a lot more money to find a new customer than to keep one. Therefore, you should go out of your way to keep good customers happy by showing them that you care.


Friday, November 1, 2013

Finding Your Focus as a Resume Writer

One of the major keys to success for any business owner is the ability to become laser focused on a specific audience, developing solutions for them, and building expert status. But, how do you find that place where you want to put all your focus as a resume writer? How do you determine where you want your focus to be?

Be Mindful of Dissatisfaction Cues
If you get a nagging feeling in the back of your mind that you're not happy with where you are going, pay attention to it. It's not healthy to go through life pretending to be happy when you're not. The trick is to figure out why you're not happy, then work toward changing those circumstances. Perhaps you're working with executives because that's where the money is, but you prefer working with moms returning to the workforce (but are having a hard time charging them what you need to, because you want to help them make the successful transition back to work). Pay attention to that feeling and find a way to bring that excitement to your business. You might not be able to charge returning-to-the-workplace moms $900 for a resume, but you could offer a group coaching program with a do-it-yourself component for $297 for participants, and if you have 2-5 attendees for each session, you're making money! (Plus, it's a program you can deliver over and over again!)

Determine Where Your Gifts Lie
What are you good at doing? Maybe you like writing resumes, but you hate the sales part of it. Consider being a dedicated resume sub-contractor! You write the resumes while your contracting writer sells the packages and services the client. It's important for you to figure out how your gifts align with a business that you'll love. 

Write down your skills (whether you have fun doing them or not), then write down the things you're passionate about. Give it a few days to consider how these things can relate together.

Be honest with yourself about what you really will love doing, compared to what you've been told you will make money at. Making money is essential to your life, of course, but money will not cure misery if what you're doing doesn't bring you happiness too.

Talk to Someone
It can be helpful to find someone to talk to about what kind of resume writing business you want to start before doing it. A business life coach can be very helpful in weeding through all the questions and getting to the right answers for you. However, don't employ a life coach if you're not willing to think outside yourself, and let go of fears. A life coach can only guide you; you're the one who is going to be doing all the hard work. If you're not ready for hard work, the coaching will not be successful.

There is no reason why your passion cannot also be a way to make money. You just have to figure out how to do it. Be creative, think outside the box, and before you know it, your business will fill your bank with money and your heart with joy. If your business is aligned with your values, and offers you the ability to do things that you're good at and enjoy, you will be successful.

Even if you can't go all the way as in the example above, perhaps you can focus your business in some way. The sky is only the limit if your imagination ends there.

Tuesday, October 22, 2013

Make Money Publishing Your Own Book


This month's special report in the BeAResumeWriter.com membership site is on self-publishing. So I thought I'd also blog about it today!

Everyone who publishes will not make a lot of money, regardless if they self-publish or choose the traditional publishing route. It's just a fact of life. About two percent of all books published, regardless of method, become "best sellers." But your book or information product doesn't have to be a "best seller" to make a decent amount of money. If you could make $100 a week, or $500 a week from self-publishing, wouldn't that add up over time! Even $100 a week is an extra $5,000 a year!

This type of income is possible if you follow the proper steps.

Create Your Information Product — The first step, of course, is to create your information product. What problems does your target audience of jobseekers need to solve? Research and brainstorm the topic, create an outline, write it, or have it written by a ghostwriter. It's always helpful if you can back up your information with quotes from professionals, case studies, and proof that your solution works.

Proofread and Edit Your Information Product — After you think you're done with your information product, let some other people look at it to proofread and edit it. It is still up to you to accept the critique or not, but it's always a good idea to let others see the product before you launch it. Does it flow well? Is the sentence structure readable? Does the grammar make sense? Are there any common misspellings or misuse of punctuation? You are too close to the product to do this yourself if you wrote it. Let someone else do this part.

Format Your Information Product Well — How your product is formatted depends on how you plan to distribute it. Are you going to sell it via Kindle, PDF, in print, or another method, or all of the above? If so, you'll need special formatting for each case. Formatting is essential for reader enjoyment and even lends to understanding of your concept. Don't hold back on on this area because it is an essential element to create a successful information product.

Create an Awesome Book Cover — If you're not a designer, please hire one. (I recommend Vikiana on Fiverr.com) Your book cover and your title are the two most important aspects of your information product to get someone to buy it. Yes, the inside content needs to be awesome too, but the inside can be a work of art never seen by anyone if book cover is not professional and the title doesn't speak to your target audience. 

Don't Skimp on Marketing — Some people who claim that information products didn't earn them any money didn't finish. They didn't market. Marketing should start before the official launch of each new information product that you publish. Marketing is an ongoing process that will garner you sells anytime you want them, if you keep doing it. Establishing and maintaining relationships with your target audience is an essential component of business success, including publishing. Don't be fooled into thinking once the book is published you're done, you're only just beginning!

If you want to make big money with information products, follow these tips and you'll find that you will enjoy the kind of success that you always wanted. People are hungry for information and answers to their problems. You have the answers, and the means to get the answers to them right at your fingertips.