Ah, yes, the budget discussion. Why do some people treat it like sharing an online banking password, or make it as awkward as asking someone to prom?
The budget discussion should be one of the first topics of discussion between a client and an agency (or any freelancer, service provider, contractor). Maybe the budget can be negotiated, maybe the budget can be raised or lowered, or maybe the budget is absolutely fixed, but putting a budget on the table so everyone can look at it and react to it and plan based on it is critical to project success.
Nothing is gained from keeping the budget a mystery. Here’s what a client is thinking when the budget is kept a mystery:
Maybe they’ll come back with a project estimate that’s way below my budget. Then I’ll get a great deal and look like a hero.
If they know my budget, they’ll just tell me that the project will cost exactly my budget or likely more, when I could have gotten the same end result with less money.
If I don’t tell them my budget, then they’ll deflate their costs hoping to win my business.
The mystery budget just adds time, cost and frustration to the overall project. If the client isn’t well-informed about costs or has a small budget, they’re only setting themselves and their agency up for disappointment when the project estimate is way beyond what they had wanted to spend. The project scope is then slashed to accommodate the budget and the end result is less than what the client had wanted.
If the budget is openly shared and discussed, then the agency can set client expectations and detail what can be delivered at that budget as well as at a lower or higher budget. When the various options are explained, the client may very well save money by going with a less expensive project that still meets their expectations, or may decide that increasing the budget will give them a better project outcome and a better value for their money.
Take car shopping for example, the salesperson and the shopper will have a much better experience by setting a budget immediately. If you have a small budget, neither you nor the salesperson want to waste time looking at new luxury imports when you should be looking at the used cars and getting the best car possible for your money.
So don’t hide the budget and don’t make the conversation about the budget awkward. It’s a huge waste of time and you’ll be happier getting it out in the open.


