By Mary Ann Whiteman, President, Whiteman Consulting - January 27, 2011
You can’t see one or touch one. The customer must purchase one before experiencing it and measuring the results. How do you price something that is invisible? How do you price a promise? Many professional services organizations start with hourly rates, move to cost-based pricing, and then to value pricing as they build their brand and become more experienced in scoping projects.
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