We always complain of the random prices due to inflation and obscure forces. But how do you price your products/services?
We give classes from March to December, and my husband insists on a fixed priced throughout this period. He says a person enrolling should be assured they will be able to afford it from start to finish. However, this means that we earn fair money on March, and peanuts in December.
In 2019 I insisted we set a price for six months, but the Argies students threw us a curveball, and instead of starting in March they started in April. By the the time we started seeing the money, our quote was already less (in USD) than what we had set. This also means that by the time we updated our rate (it was a huge hike in pesos, but long overdue), we just got two months at the new rate.
Overall, I am not happy with this strategy.
I have interviewed a number of freelancers and everybody has a different strategy: some increase of 50-80 pesos per month, some increase of 100-200 every three months, some have made a rule that on July there is the mid-year 'reassessment'...
For 2020 I want to set a price in USD and ask to be paid the equivalent in pesos, but I am not sure how well it will be received. Is it considered rude? Is it something everybody do but don't tell?
And should it be converted at the official or informal exchange rate?