When I book acting jobs through a talent agent, rates for the shoot and usage (national TV, internet, internal only, etc.) are already set. If I think they're too low, I decline the audition. For example: a radio commercial for a hospital in perpetuity (unlimited time period) for $500. That might seem like a lot to a beginner, but I could have conflicts trouble down the road when the next hospital doesn't want to hire someone who already has hospital spots running.
If I book a gig myself, I set the rates with the client. When I self-publish, I set the prices for my print and e-books after taking prices I see for other books in my genres and Amazon's suggestions into account.
Yet there's often pressure to discount or lower rates or prices I set for acting work or books. Questions abound.
Acting: The client may have what I think is a very low budget or say they can find someone do to the project for less. Do I meet their rate to get the job, or wait until I find a client willing to pay the rates I've researched and think are fair for my skills, expertise and experience? If a client sends me a large quantity of work, do I offer a volume discount? Is there value in meeting/working with new clients at a lower rate, hoping for more projects in the future?
Books: There are dozens of discount/free book e-newsletters. To even get a spot in one, I have to pay and/or meet certain criteria. The cream of the crop, BookBub, cost $390 to advertise my first book for free in the US, UK, and Canada.
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Will the ad earn out in terms of sales? Now that I have four novels available, do I make the first free to encourage readers to read it, and hope they'll pay for the others? Do I stay in Kindle Unlimited, for which readers pay a monthly fee and I get paid when readers read my books...usually around .005 cents per page? Do I do more boxed sets, which often have 4 books for .99...but since all 4 authors share in the marketing and promotion I'll probably sell more copies than I can on my own? How many giveaways do I do via blog hops, Facebook parties and online promotions?
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Often, the only way to know is to try something and see if it works. If not, try something else.
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