Service based pricing,
Definition of Service based pricing:
The pricing system based on the distribution of revenue between service providers and consumers, concessions to reduce costs and / or initial delivery, or different pricing is determined by the service components selected in the product package section. Is. Service-based pricing depends on the type of industry or product. For example, an advertising agency charges a low fee for an advertising campaign based on the percentage of revenue it receives from advertising. It is also called performance pricing.
Meaning of Service based pricing & Service based pricing Definition