Virtual Assistant Pricing Structure: Hourly vs. Packages

[@NancyCavillones]

I raised my prices and lost some clients, for sure but that opened to the door to new clients that were willing to pay more so I made up my lost income.

[@YourMobileAssistant]

I am brand spanking new to this and you have given me soooo much to think about! You were very informative and spoke in way things made sense! Thank you!!!!

[@thevirtualsavvy]

Welcome!! I'm so happy to hear that!!

[@the_real_greywolf]

I just do packages based on hours 10, 40 and 80. It's the best of both and I make it like a subscription 🙂

[@thevirtualsavvy]

🙌

[@kappel1018]

Abbey, I can't thank you enough for all the value you give to us VA's

[@thevirtualsavvy]

Ahhh Thanks! You are so welcome!

[@katesullivan.dooobm]

This clarified my understanding of packages / retainers / hourly once and for all! Thank you for that!

[@gerrywood-chromick363]

Thanks Ashley. I always enjoy the Q&A sessions, because the small tidbits about real world work as a VA are referenced and I always learn more than the topic being featured.

[@AliKhan-kj2pp]

Loved it! How come you're all three at the same time, beautiful, intellectual and powerful. Thank you so much for sharing these insights.

[@thevirtualsavvy]

Ah, Thank YOU!! I am so glad that you enjoyed this video. Make sure to subscribe to the channel and request notifications. We have some exciting videos coming soon!

[@LH-ke8xo]

Almost every word you say is informative - Thank u for helping everyone achieve our goals.

[@thevirtualsavvy]

Ahhh! Thank you so much! I love sharing information so that YOU can find success!

[@chatbotonline6412]

The style is fun and informative. Great job!

[@NancyCavillones]

I think it actually depends on the nature of your work. I started out as a general VA, doing social media scheduling and I was doing packages. I've niched down into serving indie authors, so an hourly rate makes more sense because I'm doing different things for different clients, based on their needs, and the time it takes to do those things are all over the place. In addition, indie authors, in particular, tend to be more cash-strapped so having an hourly rate is less scary for them. :)

[@mallorymcclendon6814]

What are indie authors..sorry I'm new to this

[@thevcountdown9824]

@@mallorymcclendon6814 I think independent authors?

[@rubyswanapool3428]

This is so informative!

[@thevirtualsavvy]

We're glad you found it helpful!

[@CuriousMindsThinkalike]

My challenges is deciding the delivery time since it might include brainstorming and researching.

[@thevirtualsavvy]

You might consider estimating and then adding a buffer in the event it takes a little longer than estimated. Communication with the client is key to manage expectations.

[@aquariangypsy8892]

Great info! Thanks.

[@thevirtualsavvy]

Glad this was helpful!

[@kiaramystique]

So just to be sure I’m understanding right. You said “sell some packages of hourly rates” so if they ask me how I’d like to be paid would I say hourly and then track how long it takes me to do the tasks given, then charge? Or would I say hourly in a monthly retainer, how many hours of work would you like? I feel like using the second method wouldn’t work as the client may assume it would take only “such and such” amount of time when in fact it takes me longer?

[@cipagalaz]

I have 10 and 20 hours packages (if they pay 20 hours the price per hour is a little lower). My plan is to have packages for email marketing campaigns as I move forward as a specialist on that area. But I'm still learning how long does that take.

[@christineatieno1851]

Hello Cipa Galaz, I am Christine Atieno a General Virtual Assistant and A virtual Bookkeeper. I am looking for clients who are interested in my services, are you in need of the or know anyone who needs a virtual assistant. Please, connect me.

[@keithclark8030]

This is interesting to me. Can I do this while I work a full-time job?

[@thevirtualsavvy]

Hey, Keith! It depends on the person, but in short, YES. Many do! Feel free to email our team at [e-mail] for more information!

[@Elizabeth-Escamilla]

Thanks for taking the time to explain all this. It's really helpful for my business. :)

[@thevirtualsavvy]

So glad it was helpful!

[@konnz1774]

so package should be a little cheaper than hourly?

[@motivationon818]

Please make a video on a Specialized virtual assistant. I want full detail about it such as (Skill, salary, task, scope)

[@thevirtualsavvy]

Totally! I go more in depth in my VA training at: thevirtualsavvy.com/bbo

[@motivationon818]

@@ankita7021 yes

[@motivationon818]

​@@ankita7021 I also wanna be a Specialized virtual assistant. can you guide me?

[@motivationon818]

@@ankita7021 yes i did. but I am confuse. What should I do Virtual assistant or Social media Manager?

[@lisaw8863]

I hope to change my life, I’m just getting started.

[@thevirtualsavvy]

You Got This!

[@IZionDawta]

I’ve reached the pint of wanting to be packaged based vs the hourly rate that I am now.

[@teamtinfloj8795]

Helpful!

[@brittneyjeffreys4566]

so for the package pricing why not say so many hours per week instead of hours per month?? I'm super new to this area and deciding on starting my own business.

[@CuriousMindsThinkalike]

Are you suggesting weekly packages instead of monthly?

[@temmywemambu9070]

What do I really need to start

[@thevirtualsavvy]

I have a free webinar training that walks you step by step through getting started and then landing clients! You can learn more here: thevirtualsavvy.com/bbo

[@cocothelovely]

Great info! New subbie here 👋🏿

[@thevirtualsavvy]

Hey Hey! So glad you found us here at The Virtual Savvy!

[@brooklineaton3894]

Hi Abbey! What program/tools do you use to keep track of time?

[@thevirtualsavvy]

I use and highly recommend Toggl for tracking time. It's a free tool.

[@CuriousMindsThinkalike]

​@@thevirtualsavvyis that similar to clocking in and out if I was an employee of a company?

[@ericajones220]

Whoop whoop 💯👌👍

[@littlebritian2822]

Thank you

[@tiffscozycloset]

What should our contract look like? Any samples?

[@thevirtualsavvy]

We don't have samples, but we do have our VA Template Vault that includes a contract created by an attorney, AND directions on how to use it! Send my team an email at [e-mail] if you want more info!

[@chloegalaxyy]

Can I price it both ways? I'm creating my own webpage through wix and its looking good. I put my services on there, and I want to listen pricing as well. Can I listen them both and let people choose what they need

[@thevirtualsavvy]

It's totally up to YOU and how much you are wanting to make/amount of hours you're working! You can always test it out and change it down the road! You got this!

[@Restorer-mv5nj]

Whew!!!!