Productized Services 101: How to Productize Your Services
2. Cheaper than hiring an worker
Downside? Hiring workers may be costly within the excessive.
Not solely is it costly to recruit an acceptable worker, however you could present a wage, advantages, workplace area, tools and a complete onboarding course of.
The answer? Productized Companies are streamlined and optimized to offer a particular kind of service at an inexpensive worth. It’s, in nearly all situations, cheaper than hiring an worker or conventional company.
3. Predictable pricing
Downside? Most freelancers cost per hour, or on a challenge by challenge foundation. This makes it inconceivable for a enterprise to know what the prices will likely be for that perform every month.
The answer? The Productized Subscription Companies mannequin is identical worth each single month. There are by no means any impolite surprises ready for you within the bill on the finish of the month.
4. Rapid time to worth
Let’s say you could rent a graphic designer to design your emblem.
To rent an worker, you’ll must evaluation functions, conduct interviews and onboard them. It may well take weeks, if not months.
To rent a freelancer, you’ll want to search out them, e book a name to debate the transient, negotiate worth, and start the challenge. This may additionally take weeks.
Downside? The time delay between needing a service and receiving the worth from a service supplier is just too rattling lengthy.
The answer? With Productized Companies, precisely what you’re going to get, and the way lengthy it’s going to take to get it. The entire enterprise mannequin is optimized to offer a particular final result rapidly.