What is a bid proposal?
Primarily, a bid proposal is very specific summary of why you are qualified to undertake the job. It does more than initiate a friendly greeting to the buyer and express interest in the job. Your bid proposal allows you to state what your qualifications are and how your background would allow you to perform the specific job with excellence, accuracy, and on deadline.
1) Skills
2) Education
3) Past projects
4) Experience
5) Results
As to specifics, it's essential that you specify how much you're bidding for a project (in dollars or in other currency) and how long you will need to accomplish it (in turnaround time).
How the bidding process works
Before you formulate a competitive bid proposal, realize that buyers will evaluate you based on criteria such as relevant skills, performance rating, and completion rate. You will have an eye on the job, and the buyer's eyes will also be on you!
How to present your bid
So, if you'd like to present it right, here are the top 10 tips on how to write a competitive bid proposal:
Tip #1: Don't bid on every project.
Tip #2: Always read the project details beforehand.
In every writing assignment, the specs are important. Included in the project details, the buyer specifies exactly what the project includes and what he expects the freelancer to accomplish.
In assessing the buyer's job description, ask the following questions: Do you qualify for the niche? Can you write on the topic with expertise? If you say Yes! on both counts, include relevant samples or references along with your bid.
Tip #3: Avoid scripted bid proposals.
Here is one more tip: Never just post a resume as a substitute for writing a competent, conversational bid proposal. Posting just a resume in reply to a job opening is a lazy (and foolish) way of showing you do not know how to address the buyer's specific needs. Sure, you can post your resume as part of your portfolio or samples, but not as a way of addressing the buyer directly.
Tip #4: Don't sound impersonal.
Since scripted proposals sound forced, they also come across as artificial. Impersonal in approach, they generally fail to impress or appeal to a client's sense of approval.
Tip #5: Avoid being too hasty in committing your time.
Tip #6: Try not to underbid your fellow writers.
It's reasonable to place a bid higher or lower than the competition, but it's unreasonable to bid way too high or way too low. Put simply, the latter tilts the balance in your favor, more often than not at the expense of quality.
Instead, capitalize on your strengths and credentials. In the long run, this practice encourages healthy competition and preserves the reputation of freelance writers as professionals.
Tip #7: Do a check on your buyer's history.
As a reference, read previous reviews and look for positive feedback. Find out the number and nature of similar jobs the buyer has successfully completed in partnership with writers.
Tip #8: Likewise, check out your competitor's reputation.
To have a clearer profile on the probabilities (the success and failure rate) of the buyer awarding the project to you, check out who else is bidding. This keeps you on your toes as to pricing and performance.
Tip #9: Don't forget to proofread your bid!
Haste makes waste, so don't rush into prematurely posting your bid. As a final check, avoid misspelled names and typographical errors. Tip #10: Avoid taking a rejection personally.
In advance, it helps to know thattry as you maynot every bid gets awarded to you. You win some; you lose some. Without lowering your expectations, prepare yourself for either an acceptance or a rejection. Either way, the bottom line is that you know you've prepared and submitted a bid as best as you can.
Place yourself in the buyer's perspective. Why would you hire yourself for the project? A competent buyer immediately looks for these tell-tale signs in your bid proposal:
1) The buyer wants you to address his needs and his project immediately in the first sentence. He wants to know that you have the experience to complete his project.
2) Next, the buyer wants to know what experience you bring to his project.
3) Thirdly, the buyer wants to know if you've worked on similar projects, and any positive results that you've achieved for other clients.
4) Finally, and important in most cases, what is your fee, and how do you justify the amount you are bidding?
5) Nearly all buyers, who are interested in working with you, will check out your Profile page to evaluate: 1) the number of prior projects that you've worked on; 2) positive and negative feedback left by other buyers; 3) your project completion rate; 4) your skill-set; and 5) samples in your portfolio.
As both a buyer and freelancer, I know what makes a bid proposal enticing.
1) Always address the buyer by name or username as a salutation.
2) Never write in ALL UPPERCASE.
3) Use proper English. Capitalize all sentences. Use correct punctuation. Write in complete sentences. (But you already knew this.)
4) Address the buyer's needs. Tell the buyer you can get the results that he seeks.
5) If the buyer is paying you such and such amount, what does he get in return? Be specific!
1) "I can complete your project on time and within your budget."
2) "I have worked on similar projects to what you are looking for, and I am confident I can exceed your expectations."
3) "I can achieve the results that you are asking for."
4) "I have attached samples of work very similar to what you are seeking."
5) "I would love to work on your project."
6) " I read through the job details extremely carefully and I am absolutely sure that I can do the project very well."
7) "I am an experienced business writer and marketing expert. I can create an ________ and create the webcopy that will have an instant connect with your end users."
8) "I have a Bachelor of Communications and Media Studies, majoring in marketing. I have worked across all areas in copywriting."
Remember: you may be competing with as many as 50 bidders for the same job. What is your chance of actually winning the job with this many competitors? Narrow down your job search to what you would like to work on.
1) Bid on unique jobs.
2) Bid on jobs with a smaller amount of bids.
3) Bid on projects over the weekend. Most freelancers do not bid over the weekends. This is a chance to post a bid that the buyer will see first.
4) Narrow down jobs by deadline. Many freelancers do not bid on new projects with a short deadline because they are too busy.
5) Evaluate jobs with high bids. Perhaps, within reason, you can post a lower bid without sacrificing quality and your reputation.
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