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Pricing an article

Posted: Wed Sep 26, 2012 11:36 pm
by angeladi
Hi,

I'm fairly new here... and have seven accepted articles here. Yesterday an article that was priced $45 was sold, crediting my account with appx. $29.00.

My understanding is that when I quote $45.00, the client pays approximately $70 for the article. Maybe I am confused.... but how does one price an article? I may have missed it somewhere, but I am confused as to how to quote a fair price that I think earns me $0.10 per word after all the deductions of the 35% CC fee.

Any help will be appreciated.

Re: Pricing an article

Posted: Thu Sep 27, 2012 12:41 am
by jak
The customer pays the price you set, and CC keeps 35% of it. You need to factor that in when you set your price.

Congrats on your first sale. You can edit the prices of your other accepted articles if you want.

Re: Pricing an article

Posted: Thu Sep 27, 2012 1:02 pm
by Celeste Stewart
JAK is correct. Here's a simple formula to make sure you get your desired price:

Desired Price after CC cut / .65 = Asking Price on CC

For example, if you want to get $45 you should price the article at $69 based on the following formula:

$45/.65= $69

Re: Pricing an article

Posted: Fri Sep 28, 2012 12:05 pm
by angeladi
Thanks friends. Makes sense now. I failed to notice the instruction at the top of the submit article page which mentions the same thing too. I did make some minor changes to my article rates now. I guess its a matter of watch and learn at times.

Anyway... thanks for pitching in. Any advice helps.