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Joined 1 year ago
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Cake day: November 18th, 2023

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  • Good thing or bad thing – the agreement hasn’t been signed yet. So, no legal obligations exist yet. Just negotiations have crossed the pricing part, and agreements are expected to be signed before the middle of next week.

    I could deliver at the current price; however, I’m undercutting myself by a whopping margin. Not just 30-40 percent, but by 75 percent.

    I got to realize about our price mismatch because of a seemingly simple difference between how we calculate our pricing vs theirs. We used an in-house model of cost calculations; however, that’s different when they (the client) pitched to us with their own simple solutions. And we thought it’s easier to go that way. But when we compare our pricing to the existing clients, putting in the backdrop of their simpler pricing, we realized we fucked up big time.