Time Doesn’t Matter [part 2]
It doesn’t really matter how much time you spend on something, right? The outcome is what matters. The results. Then why most service companies bill their clients by the hour? Is there a better way?
On the other hand, we know that businesses who charge their clients based on scope restrict themselves to working within stiff boundaries – which doesn’t work in a creative industry.
So is there another way? The solution we found here at Noam Design is to stop taking on client work and focus on our products instead.
So we’re not charging by the hour: it doesn’t matter how long it takes us to develop a Magento template or a CMS template! Time isn’t a factor when determining a product’s price. Quality, usefulness, and market demand are more important.
We’re not charging based on the scope of work either. Sometimes a product requires a huge amount of work, revisions, adjustments, etc while other products are developed in a breeze. All that is quite irrelevant though – only the end result matters. Is the product useful for our customers? Will someone get a good value by buying it? Do people need it? These are the questions that matter more.
Related Posts:
- The best approach in a creative business is based on flexibility
- Time doesn’t matter [part 1]
- Why would a great team work for cheap?
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