Designer’s Guide to Fair Pricing

Creative Bloq recently ran a wonderful piece on how designers wish they could really set their fees. (This method of calculating billing rates could easily apply to anyone in creative consulting services.) Creative Bloq claims the price calculation is based on a proportional sequence postulated by 13th century Italian mathematician Fibonacci, who took the idea from ancient Indian Sanskrit mathematics. Fibonacci’s Sequence became the basis for the Golden Ratio, a way of describing the ratio between two proportions. You don’t really need to know this; we digress in an attempt to appear more learned than we are and to extend the length of this introduction to make the design look more proportional (ratio of image to text). The Designer’s Golden Rule chart, shown above, proposes setting fees based on the ratio of actual creative work you are allowed to do versus the amount of unproductive client interference. This calculation can also be called the Nuisance Factor, the more meddlesome the client, the higher the fee. Note: We took this chart from Creative Bloq, but redid the graphics because we wanted to show a proportional value-add.