DESIGNA MAGAZINE DESIGNA ISSUE III 2019 2 | Page 103

shown, one chosen to be created as final art. After final artwork is presented, the client may request up to two rounds of minor revision. Additional revisions after this point will be billed at Kshs. 2500/hour. If the client chooses to not move forward after pencils are presented, a kill fee of Kshs. 35,000 will be paid for completion of sketches. If artwork is completed to final, the full fee will be paid. Usage Scenario 1: + Kshs. 50,000 The client may use the artwork in magazine and newspaper ads (domestic and international) for a period of one year. Usage Scenario 2: +Kshs. 75,000 The client may use the artwork in all print media (domestic and international) including but not limited to magazines, newspapers, point-of-purchase displays, posters, and billboards for a period of one year. Usage Scenario 3: +Kshs. 100,000 The client may use the artwork in all print and online media for a period of one year. Usage Scenario 4: +Kshs. 140,000 The client may use the artwork in all print media, all online media, and broadcast media for a period of one year. Buyout: +Kshs. 250,000 The client may use the artwork in all media including print, online, and broadcast in perpetuity. Thanks so much for thinking of me for the project, let me know how these numbers go over and if you need any clarification about the different usage points. All the best J So this is a pretty basic breakdown, but it gives the agency/client a lot of price points to consider. If I wanted to break it down even further, I would price based on two-year and five-year use and give different prices for Local, National and International only, etc. Most importantly, note that all of the usage scenarios are on top of our original presentation only / artwork creation price. The prices are not cumulative in this example quote, so each +Kshs. 1,000 is only added to the presentation fee. The top price in this scenario is Kshs. 320,000. These prices might seem completely outrageous to you, but they're actually pretty reasonable when we take into effect who the clients are and what kind of rights they'll probably need. If you're an up-and-comer, your prices might be a bit lower but the percentage markup should remain about the same. Imagine if we had priced this hourly! If the clients write back immediately and say, “These numbers look great! We'll send along a contract for you to go over in a few days!” It probably means your prices are too low. If they write back and try to negotiate you down a little bit, you were probably pretty spot on, and if they write back and say that this is well beyond their budget, you get to decide whether or not you want to figure out a way to work within their budget or whether you want to walk away and take one for the team. When you're offered a very low budget by a very huge client, you can always feel good about turning it down knowing that you are helping to raise the standards of pricing for others. 8. Why doesn't anyone ever talk about pricing? There are a lot of reasons why designers and illustrators are reluctant to talk about pricing, the most obvious being that no one wants to shout their annual income to the masses. Once you start giving away your general prices, it's not incredibly difficult to add things up and figure out a ballpark of what an individual or company makes in a year. A personal note: don't assume that the pricing structure above means that I'm swimming in a pile of money.. A half-retired dentist , Magistrate or Accountant still makes more than I do. The fake job I used as an example above is an advertising job, and I used it as an example because pricing for advertising is one of the darkest arts of all. There are wild differences in pricing from presentation to buyout, and a ton of factors that affect the price. It's great to surround yourself with friends or more experienced designers that can help you price a job. And as it is with all other professional careers like Doctors, Advocates, Engineers and Architecture there is no, National design policy that can guide designers in various aspects of pricing as per their qualifications and experience in the industry. Its time we agitated for one. 9. The Pricing Domino Effect It's incredibly important for even young designers to always quote respectable prices. It can be very tempting to create artwork for a “cool” company for very little pay and the promise of insane exposure/ an incredible portfolio piece. Every successful designer and illustrator has at one point succumbed to the siren song of the “cool” industries (there are a few “cool” companies that don't try to take advantage of designers but they are the exception and not the norm). When you are starting your career as a freelancer, it will be incredibly tempting to take on any work that comes along, no matter how unfairly companies are trying to compensate you. Remember that you are talented and that your talent has value and that ultimately it is up to you to determine how much people value your talent. By helping keep pricing standards high, you not only help as to say design doesn’t come cheap you also help every other young designer struggling to get paid out there, and help every designer that came before you to continue making a living 7. How do you know if you priced right? May - June 2019 | D E S I G N A