Many clients believe fixed pricing is the golden ticket – clear deadlines and budget planning seem like a no-brainer. But what if there's another way that offers more flexibility, transparency, and sometimes even cost benefits?

Agata Solnica, Head of Partnerships at Inwedo, breaks down the pros and cons of the Fixed Price and Time and Material models, revealing the best scenarios to use each and how to navigate the potential pitfalls. For those left wondering which pricing route is best for their project, we've got you. This episode will clarify and guide you toward making the most informed decision. 

Contact us 👉 https://inwedo.com/contact/

Chapters:

(00:00) Welcome

(00:13) Introduction

(00:54) Why is deciding on the right pricing model so important?

(02:26) What is a fixed price pricing model?

(04:24) When is a fixed price model a good choice?

(05:06) Pros and cons of a fixed price agreement

(06:05) What is a time and material pricing model? 

(07:45) When is a time and material model a good choice?

(09:15) Pros and cons of the time and material price agreement

(10:04) Fixed price versus time and materials main differences

(11:47) Why time and material might be a better fit for your project

(10:42) Problem: Scaling obstacles

(13:29) Conclusion