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Originally Posted by MaTr1x2051 By having a lower price, you can still attract a lot of people to you, but by increasing your price to a similiar range, you might even attract some of the otehr guy's potential clients to you. |
There are MANY tales of people who were trying to work LESS who doubled their rates only to get more work - then raised them again, only to keep getting even more work.
Undercutting is a loosing proposition for everyone involved - even the clients (although most probably wouldn't know it.) Think careful and choose a rate that will allow you to do great work, keep upgrading and grow. That's not a bargain basement rate.
Set it too low, and you'll have a very difficult time ever digging yourself out of the basement.