Pricing a personal studio
Hourly is a trap. Value-based is a slogan. Here is what actually worked across three years and roughly forty engagements.
Hourly punishes experience. The faster you get, the less you earn for the same outcome, and every conversation turns into a negotiation about time rather than results.
Pure value pricing sounds better than it works for a one-person studio. It requires a client who can state the value in numbers, and most cannot before the work has started.
What worked was a small ladder of fixed-scope offers. A paid diagnostic first, priced low enough to say yes to in one message. Then a defined project with a fixed fee and a fixed end date. Then an optional monthly retainer for the people who want continuity.
The diagnostic does most of the work. It converts strangers into clients, it surfaces the real problem before a large quote is written, and it makes the project price feel like a conclusion rather than a proposal.
Fixed fees also protect the client. They know the number on day one, and I absorb the risk of my own estimates — which is fair, because I am the one who controls how efficiently the work is done.
Two rules keep the model honest. Scope changes reset the price in writing, never silently. And the price goes up whenever the calendar is full more than three weeks out, because a full calendar is the market telling you something.