2. Cheaper than hiring employees
problem? Hiring employees can be extremely expensive.
Not only is it expensive to hire the right employees, but you also have to provide salaries, benefits, office space, equipment, and a comprehensive onboarding process.
solution? Productized services are streamlined and optimized to provide specific types of services at a reasonable price. In almost all cases, it is cheaper than hiring an employee or an existing agency.
3. Predictable pricing
problem? Most freelancers charge by the hour or by the project. This leaves businesses with no idea how much the feature will cost each month.
solution? A commoditized subscription service model offers the same price each month. There are no rude surprises at the end of the month bill.
4. Instant time to value
Let’s say you need to hire a graphic designer to design your logo.
Hiring employees involves reviewing applications, conducting interviews, and onboarding. This may take weeks, if not months.
Hiring a freelancer requires finding them, scheduling a call to discuss the outline, negotiating a price, and starting the project. This may also take several weeks.
problem? The time lag between when a service is needed and when value is received from the service provider is too long.
solution? With a productized service, you know exactly what you will get and how long it will take to get it. The entire business model is optimized to deliver specific results quickly.