With the service industry growing across the globe, a lot of service based enterprises have cropped up across the map. These service based enterprises have created their mark in the industry by an innovative idea and a good sales strategy. These businesses are running profitable from the industry point of view, yet the mistake that we see them making lies in their pricing. When it comes to pricing your service based business, there are multiple ways to put a price tag to your service. You can charge your service at an hourly basis, flat price, cost plus price, variable price or have a flexible pricing option as well. It works fine for generating a stable stream of revenue for your firm but people tend to forget that in order to grow at a rapid pace, you have to align your pricing strategy with the industry and client requirements. Thus we have come up with a list of As-A-Service Pricing Do’s and Don’ts to consider for your pricing strategy.
Thus pricing in itself depends on a lot of factors and can follow multiple strategies for various service offerings and structures. It is necessary to make our clients’ decision as effortless as possible while considering pricing so both parties are clear from the beginning what they would pay and what they would get. For this purpose, we have also recently restructured our pricing to make things a little easier. Do check it out at: www.promptcloud.com/pricing