Flat-fee pricing

Overview

Flat-fee pricing is a model where a flat or fixed price is agreed upon in advance for delivering a specific product or service. The total cost, scope, and timeline are determined upfront, providing both parties with clear expectations and no surprises. This approach offers transparency and simplicity, making it easier for customers to understand the overall cost from the start.

Typical use cases for flat-fee pricing

Industry	Description
Consulting	Fixed fee for defined projects such as market research and strategic plans.
Legal Services	Flat fee for routine services such as drafting contracts, trademarks, or wills.
Software Development	Fixed cost for well-defined projects like website development or custom apps.
Web Design & Graphic Design	Flat fee for services like logo design, website creation, or branding.
Marketing & Advertising	Fixed cost for defined campaigns such as social media management or content creation.

Flat-fee pricing in Zenskar

The following entity relationship diagram illustrates how various entities in Zenskar relate to pricing models.

%%{init: {
  "theme": "neutral",
  "themeCSS": [
    "[id^=entity-FLAT] .er.entityBox { fill: lightgreen;} "
    ]
}}%%

erDiagram
    CONTRACT }o--o{ PRODUCT : ""
    PRODUCT }o--|| "PRICING MODEL" : ""
    "PRICING MODEL" ||--|| "FLAT FEE" : "is"
    "PRICING MODEL" ||--|| "MATRIX" : "is"
    "PRICING MODEL" ||--|| "other pricing models..." : "is one of many"

Prerequisites

Contract documentation

Learn how contracts contain data related to usage, pricing models, and other billing determinants.

Product documentation

Learn how products define services or products you sell to your customer as part of a contract.

Use a product based on flat-fee pricing

There various ways to create a product based on flat-fee pricing are detailed below:

Create a product based on flat-fee pricing and add it to the product library

Navigate to Contracts > Products in the left side panel.
Click + CREATE NEW drop-down menu at the top right of the Products page,.
Select the Product menu option.

Fill the relevant details on the Create Product form, and click on the SAVE & PROCEED button.
On the Edit Product page, click on the + ADD PRICE button.
On the Add Pricing Details form, click on the Pricing Models drop-down menu, and select Flat Fee option, as shown below.

Add a product based on flat-fee pricing to a contract

Navigate to Contracts > Contracts in the left side panel.
Select the contract you wish to update.
On the Summary tab of the Edit Contract page, click on the + ADD PRODUCT link.

On the Add Product form, click on the + CREATE NEW PRODUCT button.
On the Create Product form, fill the relevant details, and click on the SAVE & PROCEED button.
Click on the +ADD PRICE button, as shown below.

On the Add Pricing Details form, click on the Pricing Models drop-down menu, and select Flat Fee option.