In this article
Summary
What are pricing factors?
- Dynamic variables that influence service pricing in proposals
- Allow for tailored adjustments based on specific client or project parameters
How it works
- Defined during service creation, enabling real-time customization in proposals
- Configured to adjust pricing dynamically based on factors like workload or quality of input
Types of pricing factors
- Additive fees (e.g., one-time cleanup fee): Increases the final price by a fixed amount.
- Subtractive discounts (e.g., loyalty fee): Decreases the final price by a fixed or calculated amount.
- Multiplicative factors (e.g., number of transactions, quality of books): Adjusts pricing based on workload complexity or input quality.
Benefits
- Enhances proposal accuracy by reflecting real-world requirements
- Provides flexibility to adjust pricing dynamically for fair compensation based on client demands