Web Development On Demand vs freelancing

Summary

In this video, Joe from codingphase.com explores the distinction between freelancing and web development on demand, using the example of a Shopify expert. Freelancing involves charging per project, which can be profitable but inconsistent. In contrast, web development on demand focuses on building long-term client relationships for recurring income. Joe emphasizes the importance of offering a package of services tailored to small businesses' needs, which can lead to a more secure and predictable income stream. The video encourages viewers to learn versatile tech skills to succeed in both business models.

Takeaways

• 💼 Freelancing involves charging per project, which can be profitable but requires constant client acquisition.
• 📈 Web development on demand focuses on building long-term relationships and recurring income streams.
• 🛠 As a Shopify expert, you can showcase your skills on various platforms to attract clients for freelancing.
• 💰 Setting a one-time high fee for a project like setting up an online store can be beneficial, but it lacks recurring income.
• 🔄 The key to web development on demand is creating packages that offer ongoing services at a fixed monthly rate.
• 🤔 It's important to consider the client's business needs and how your services can contribute to their growth.
• 🎩 Wearing multiple hats is essential in web development on demand, as you may need to provide various services beyond just coding.
• 📊 Small businesses often don't require full-time coding services, so offering a range of web-related services can be more valuable.
• 💡 The video emphasizes the importance of understanding the tech industry and how to monetize your skills as a developer.
• 🔗 For those interested in learning more about setting up a web development business, codingphase.com offers valuable resources and training.

Q & A

What is the main difference between freelancing and web development on demand as discussed in the video?

Freelancing involves charging per project, while web development on demand focuses on building a relationship for recurring income.

How does a Shopify expert typically charge for their services in a freelancing scenario?

A Shopify expert might charge a fixed amount for each service, such as $2,000 for setting up a store, $200 for uploading products, and additional fees for other tasks.

What is the potential downside to freelancing mentioned in the video?

Freelancing may require constant searching for new clients as the work is not consistent and can have gaps between projects.

Why is building a package for services important in web development on demand?

Building a package helps in creating a consistent income stream and provides a clear value proposition to the client, making it more attractive than one-time payments.

What is an example of a package that could be offered in web development on demand?

An example could be offering to manage email campaigns for an e-commerce company at a fixed monthly rate, instead of charging per email creation.

How does wearing multiple hats benefit a web developer in working with small businesses?

Wearing multiple hats allows a web developer to provide a broader range of services beyond just coding, which can be more valuable to small businesses with diverse needs.

What is the advantage of having a consistent baseline income for a web developer?

A consistent baseline income provides financial stability and reduces the uncertainty of having to constantly find new projects.

Why might a client prefer to hire a web developer on a recurring basis instead of as a freelancer?

Clients might prefer a recurring basis to ensure consistent service and support, and to avoid the costs and training time associated with hiring a full-time employee.

What are some skills that a web developer can learn to be more valuable in setting up business models as per the video?

Skills like content editing, email development, Shopify theme development, front-end development, PHP development, and React development can be valuable.

What is the recommendation for those who want to learn more about setting up web development businesses?

The video recommends checking out codingphase.com for learning the necessary skills and understanding the tech industry.

Outlines

00:00

💼 Freelancing vs. Web Development on Demand

In this segment, Joe from codingphase.com introduces the topic of the video, which is to discuss the differences between web development on demand and freelancing. He uses the example of a Shopify expert to illustrate the freelancing model, where the expert charges per project. The expert might charge $2,000 for setting up a store, $200 for uploading 10 products, and varying amounts for other services like creating a landing page or setting up domain names. Freelancing can be profitable but requires constant effort to find new clients as work is not consistent. Joe contrasts this with web development on demand, where the focus is on building long-term relationships and recurring income rather than one-time payments.

05:02

🔄 Transitioning to Recurring Income with Web Development

Joe continues the discussion by explaining the concept of web development on demand, emphasizing the shift from per-project payments to a model that offers recurring income. He suggests that instead of charging for each individual task, a developer could offer a package deal to a client, such as setting up an email campaign service for a fixed monthly fee. This approach provides a consistent income stream and is more beneficial for both the developer and the client compared to the uncertainty of freelance work. Joe also touches on the importance of having a diverse skill set to offer value to small businesses beyond just coding. He concludes by promoting his website, codingphase.com, as a resource for learning the necessary skills to succeed in this business model.

Keywords

💡Freelancing

Freelancing refers to a work model where individuals offer their services on a project-by-project basis, often independently and without a long-term commitment to a single employer. In the video, freelancing is exemplified by a Shopify expert who charges per project, such as setting up a store, uploading products, or creating a landing page. The video emphasizes the potential for high earnings but also the need to constantly seek new clients, as the income is not consistent.

💡Web Development on Demand

Web Development on Demand is a service model where developers offer their skills to clients on an as-needed basis, often with the goal of establishing long-term, recurring relationships. The video contrasts this with freelancing, highlighting how developers can provide ongoing services to clients, such as managing an e-commerce store or setting up email campaigns, to create a steady stream of income.

💡Recurring Income

Recurring income is a financial model where a business or individual receives regular, periodic payments. In the context of the video, recurring income is a key advantage of web development on demand, as opposed to the one-time payments typical of freelancing. The video suggests that by offering ongoing services, developers can secure a consistent monthly income from clients.

💡Project-Based Charging

Project-based charging is a pricing strategy where freelancers charge a set fee for each discrete task or project they complete. The video uses this term to describe how a Shopify expert might charge $2,000 for setting up a store, $200 for uploading products, and so on. This method can lead to high earnings per project but requires continuous client acquisition.

💡Shopify Expert

A Shopify expert is a professional who has specialized knowledge and skills in using the Shopify platform to create and manage online stores. In the video, the Shopify expert is used as an example to illustrate the differences between freelancing and web development on demand, showcasing how they might charge for various services related to setting up and maintaining a Shopify store.

💡Service Packages

Service packages are bundles of services offered by a provider at a set price. The video discusses how developers can create service packages for clients, such as a monthly fee for managing an e-commerce store, to provide a consistent service and income. This approach is part of the web development on demand model and is meant to build long-term client relationships.

💡Client Acquisition

Client acquisition is the process of attracting and securing new clients for a business. The video mentions that freelancers often spend more time on client acquisition due to the project-based nature of their work, as opposed to developers in the web development on demand model who aim to establish ongoing relationships with fewer clients.

💡Full-Time Equivalent (FTE)

Full-Time Equivalent refers to the amount of work one full-time employee would complete. The video uses this term to caution against offering unlimited services for a flat monthly rate, as it could lead to developers being overworked for their compensation, similar to a full-time employee without the benefits.

💡Small to Medium-Sized Businesses (SMBs)

Small to Medium-Sized Businesses are companies with fewer employees and lower annual revenues compared to larger corporations. The video suggests that developers working with SMBs in a web development on demand model need to understand the business needs and offer services that align with the growth and operational requirements of these smaller entities.

💡CodingPhase.com

CodingPhase.com is mentioned in the video as a resource for learning the skills necessary to succeed in web development, including both full-time job opportunities and freelance or on-demand work. The video presenter encourages viewers to visit the website to learn more about the tech industry and how to make money as a developer.

Highlights

Discussion on the differences between web development on demand and freelancing.

Freelancing involves charging per project, providing a one-time payment for services.

Freelancing can be profitable but requires constant search for new clients.

Web development on demand focuses on building relationships for recurring income.

Example of setting up an online store for a client with a one-time fee.

Creating a package for ongoing services to ensure consistent monthly income.

Risk of undervaluing services when offering unlimited work for a fixed monthly fee.

Importance of having multiple skills to increase value in web development on demand.

Understanding the needs of small businesses for daily operations, not just coding.

Differentiating between working for a tech company versus small businesses.

The necessity of wearing multiple hats when working with small to medium-sized businesses.

Providing services beyond coding to meet the needs of web clients.

Freelancing can lead to inconsistent work and income.

Web development on demand offers a more secure and consistent income stream.

Example of a package deal for email services that replaces a high-cost freelance arrangement.

Advantages of having a baseline income from a package deal versus per-project payments.

Encouragement to learn skills that can be used for full-time jobs or side businesses.

Introduction to codingphase.com as a resource for learning valuable tech skills.

Upcoming video content will delve deeper into setting up business packages for web development.

Transcripts

hey guys it's your boy Joe back at it

again codingphase.com the one and only

in this video we're going to discuss

what's the difference between web

development on demand and freelancing so

yeah man let's get started so we're

going to start with the scenario that

you are a Shopify expert in this way

we're going to be able to see the

difference between the freelancer and

the person who's doing web development

on demand let's start with freelancing

because it's a concept that you guys all

know which is basically getting paid for

every project and let's say this is the

scenario of the Shopify expert he goes

in creates a fiber account or maybe has

a Instagram or Tik Tok Etc right where

he's displaying his skills and he

basically charging per project meaning

that he's charging $2,000 for setting up

a store then after selling the store

charges $200 for uploading 10 products

then from there let's say $200 for a

landing page maybe setting up Google

Tags and Facebook pixels and Tik Tock

pixels they go in and they charge

another $100 for that right maybe the

setting up of the domain right he's

going to go in and charge a $50 fee for

that Etc so he's charging per project

every single thing that he's doing he's

charging for that and sometimes it can

be profitable because you're basically

charging for every single project and if

that client comes in and has a lot of

projects for you shoot man you're making

a lot of money right but usually what

happens is you might have a couple of

small projects that you do for a client

and then you don't see him again for a

year right maybe 6 months or even longer

than that so freelancing you end up

having to spend more time on constantly

trying to get new clients every single

time right because at the end of the day

once you finish those projects for that

person then that's it your job is done

okay uh sometimes like I said if if it's

a client that they have a lot of work

they might give you you know more work

here and there but it's not consistent

right now with web development on demand

it's a little bit different instead of

focusing on getting a one-time payment

what you're focusing is on building a

relationship where you can now have

recurring income from a client so let's

say you still charging $2,000 for

setting up the online store right for

this business but this time around what

you're going to do is you're going to

try to build a package around the things

that you can do for for this client on a

monthly basis now again you have to go

in and create a package that makes sense

to you it makes sense to the client you

can go in and say well I'm going to work

for you unlimited right and I'm going to

charge you $100 cuz guess what now they

could have you working all day long like

you're a full-time employee and you're

only getting paid $100 for that whole

month that doesn't make sense and this

is where having other skills other than

just click clacking on the keyboard

makes you more valuable right so again

you're not going to be coding all day if

you're working at a tech company and

they're focusing on building a software

as a service then yeah you're adding

features every single day to that

specific application or software that

they're creating but when you're working

with small businesses you need to

understand how is it that a business can

grow and what are the things that a

business might need from you on a daily

basis right this is something that some

of you guys that have done like

e-commerce stores or maybe you know have

worked in a digital agency right with

small to medium-sized businesses

understand that guess what you're going

to have to go in and wear multiple hats

okay because you're not going to be

coding all day also most small

businesses do not need you to code all

day because they just don't have enough

work for you it's not the same as

working as a tech startup or working at

a established Tech company or maybe big

Corporation where they have different

departments and different uh internal

tools Etc like they might not need you

to do any of those things so what can

you provide them that will make sense

for that small business to say okay yeah

I'm willing to pay this person x amount

of dollars on a monthly basis and

especially coming from a developer or

someone who has knowledge of web

development okay we're not just talking

about coding all day or click clacking

all day we're talking about providing

the services on the web that they might

need right so that's the main difference

between freelancing and web development

on demand okay freelancing you're going

to nickel and dime the client to death

okay for every single projects they got

to pay you a set amount and then with

this what you're doing is you're setting

up a package that you're going to have

scoped and you say well I'm providing

you this service one task at a time

right and you're going to pay me x

amount of dollars let's go in and take a

quick example let's say an e-commerce

company needs to send out emails two

times a week usually they will pay a

freelancer you know $200 for email maybe

it comes out to like $1600 a month now

by you setting up this Bas line with

them in this package you can say instead

of you pay $1,600 a month you just pay

me $1,000 and I've set this up for you

so now you have this recurring income

coming in from this company and instead

of them having to hire somebody fulltime

to do that where maybe they don't have

enough work for that person uh to work

full-time and and make sense for them

now they could just hire you with your

company and you're basically handling

whatever they have to do on the email

side and yes you could say well if you

go in and charge $200 freelancing you're

going to make more money per project but

the truth is that most clients when they

hire people

freelancing they just hire them for a

oneoff project or maybe they might call

you every 2 3 months like you don't want

that you don't want that uncertainty you

want to have something secure when you

say well I have this company and I'm

working with them and they're paying me

$1,000 a month $2,000 a month $5,000 a

month whatever it is that you're

charging for your overall services but

you have a consistent Baseline for you

to say hey this is how much I make every

single month instead of well I charge

$200 whenever they call me like you get

what I'm saying now again we got to go

deeper into the way how we got to set up

our packages so it can make businesses

and that's what we're going to cover in

the next video but hopefully this video

cleared it up for you guys so you guys

can understand the difference between

freelancing and actually setting up web

development on demand in this type of

business model now guys if you want to

go in and you want to learn the skills

that you can actually use to set up the

type of business models I will say

definitely check out my website

coding.com guys because this is what

we've been doing for like seven years

bro okay this is what I've been

preaching here since the beginning since

I started on this channel and this is

what I did through my whole career I

learned skills that not only can I get a

full-time job with but then also to

learn skills that I can put into

practice and make money on the side or

even create my own businesses with for

example you got contant editor email

developer Shopify theme developer right

we also cover things like front end

development PHP development react

development so everything that you're

going to need it's on this platform

definitely go check it out links in the

description and again there's a lot of

value here just on this page alone how

it breaks down everything about the tech

industry how to get in you know how to

actually make money as a developer so

definitely go check out that page link

is going to be in the description and

again when you're ready sign up to

become a diamond member of

codingphase.com okay so another thing

that I want to say is continue watching

the series okay we're going to be

dropping a lot of videos and the next

video that you're going to see here is

going to be very valuable to you if you

want to set up this business model