Hourly vs. Project Pricing: A Comprehensive Comparison

We all experience it. We provide a comprehensive quote, explaining everything the customer will receive and all the fantastic benefits, and then they ask for an hourly rate, or worse, a detailed breakdown.

So, I give them what they want, but inside I feel like breaking down and saying something like, “It’s not fair, I’m just trying to support my family.” No, I don’t actually say that, but it probably shows in my tone and body language.

I generally prefer project pricing in the service industry for many reasons, though I have to admit, billing by the hour can sometimes be appealing. Here are the pros and cons to consider when choosing your pricing model.