Pricing Models: Time and Material vs Fixed Price
Pricing is among the foremost significant decisions a corporation can make about its market strategy. And yet, for several businesses, it’s a choice that’s made hastily. Or, worse, it’s not made in the least and may be a tactical execution instead of a strategic imperative. Today, we’re going to check out two common pricing models employed by service providers, what they're, the pros and cons, and when to use them. Time and material pricing Time and materials prici...