More Clients Memorandum
Are your services worth more than a fiver?
Posted on May 19th, 2013.Hey there – I have a question for you this week.
Over the last few years I've farmed out lots of little jobs like getting logos made, creating intro videos, etc.
In the past I've hired designers for logos and spent hundreds of pounds. Sometimes I've tried to do it myself and spent hours fiddling around without getting what I wanted.
But for the last few years I've user fiverr.com.
If you've never used fiverr before you ought to give it a try. It's a website where freelancers offer to do things for, well, a fiver. Dollars that is.
People offer to do anything from business tasks like making intro videos, recording short voiceovers, doing some SEO work through to getting dressed up as a wizard and singing happy birthday to someone of your choice.
The last time I used it I searched for logo design. Found someone with great feedback on the site and a good looking portfolio and told them what I was looking for.
$5 and three days later I had an excellent looking logo that was as good as anything I've bought before.
So, good for me, but incredibly scary if you happen to be a designer trying to make an income from logo design.
Or anyone doing any of the myriad services being offered on the site.
One of the big impacts of the web has been to make it much, much easier to find what you're looking for. And that cuts both ways.
If you're the best, or one of the best at what you do, the wonderful thing is that clients can now find you without you having to work for a big firm with a well known name.
But if you're “just” good at what you do and there are plenty of others equally as good – then it spells big problems.
The ugly truth is that many service providers have been able to charge high fees and get plenty of clients simply because their clients couldn't find anyone better.
Right now, not only do we have a pretty stangant economy globally where clients are buying less, but it's never been easier for them to find someone better, or someone just as good who costs less.
Maybe not always for a fiver. But quite probably for a lot less than you'd like.
So you've got to ask yourself. Do you want to become a leading expert that people who need the very best seek out and find? Or do you want to be one of the pack fighting it out over price?
Are your services worth more than a fiver?