Virtual Assistance Price List: A Basic Guideline To Setting Rates For Your Virtual Assistant Business
By, India Jordan

I've seen Virtual Assistants' rates range from $15 to $70/hr., depending on the VA's experience, specialty, location, and the project. One of the most common concerns a new Virtual Assistant faces is what to charge for his/her services. A common mistake made by new Virtual Assistants is underestimating the value of their services. The more specialized your service is, the more you may be able to charge for those services.

Price your services according to your target market

Your target market is another factor to consider before setting your virtual assistance price list. If you target business executives, then naturally you could charge them more than you could college students. Why? Well...college students may be on tight budgets, work part-time, and/or may still be depending on their parents for financial assistance. Business executives are pretty much established and tend to have bigger budgets. Do you catch my drift?

Price your services according to supply and demand

If you provide specialized services and the demand is high but the supply of VAs offering the same services is low, you can charge more for those services. However, if the supply is high, you may want to consider being more competitive with your prices. If you want to lower your prices and still make a profit, you will also want to cut your expenses.

After considering all of the above, it should give you a general idea of how to set your virtual assistance price list. This is just a basic and general guideline so nothing is set in stone. :)

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India Jordan is the owner and editor of http://www.virtualassistantbusiness.com, a resource site for aspiring and current Virtual Assistants. Claim your free e-report "Virtual Assistant Business: A Basic Guide to Start Your Own" at http://www.virtualassistantbusiness.com.