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m4yours understands that pricing plays a key role when deciding on your service providers. To help our clients with affordable rates, we strive constantly to optimize our flexible pricing models. Our pricing framework revolves on several factors which are responsible for pricing maturity with satisfied outcomes. To support our clients, we have a set of transparent pricing strategies coupled with a combination of ‘right’ elements which are at par with the industry standards.

By providing 24×7 services, we are able to provide development services globally as per your specific time zone and location.

Pricing models

m4yours understands that pricing plays a key role when deciding on your service providers.

Time & Material

Ensuring you pay for the time we put in your project

When the scope of work is not predetermined and there is no time estimation to complete the task, Time and Material Pricing Models is an apt choice. This model allows you to pay for the number of hours for which the work is done and the amount of work accomplished. It is a wise decision to go ahead with this model if you have no clue about the required time and scope of work.

At m4yours, our experts define realistic pattern for your advantage. After thorough coordination and analysis, we chart out the requirements and develop the scope of work and estimated time required to complete the job. However, depending on the task, time taken to deliver may reduce or extend and that will be notified to the client. In whichever case, customers are kept duly informed and updated with all the developments, current status, and reports. Cent percent transparency is ensured with the client while performing the task. Besides, you can add or reduce the number of resources based on your needs and only pay for the specified work completed.

In this model, clients have greater control over the project, and there is minimal risk involved. The best advantage of this model over others is that it offers immense transparency and opportunities to build more trust between both the parties.

Fixed Price

Get to know the exact estimation and time about your project

Reap maximum rewards with m4yours’ Fixed Price Model that enables you to define projects with dynamic plan, priorities and execution. With our best R&D team we address your business’s varied needs across diverse industries and verticals.

Considered ideal for projects with defined requirements and execution methodology, this pricing model gives both, the customers and service providers much needed peace of mind. This model allows a clear understanding of the project including, the development process, timelines, resources needed, risks and other related factors. Fixed price model, also known as, Lump Sum model requires strict adherence of deadlines as the service provider endures the risks involved in the project however, it allows clients to set an exact budget quite in advance. This gives the customers on the other hand, much more security and peace of mind as far as the pricing is concerned.

Irrespective of the factors, this pricing model gives both, the service provider and the customers a host of benefits. At m4yours, we give our clients utmost importance with flexibility and clarity. Our cost effective fixed price model allows customers to enjoy better and more robust delivery. We update them on a regular basis about the status of the projects aided with excellent communication and escalation mechanisms.

Risk Reward Pricing

Making stronger business relationship with a lasting impact of pricing

m4yours strive continuously to give our global clientele maximum results at affordable costs. Keeping that in mind, we also practice Risk-Reward Pricing Model which acts as a settlement between two extreme pricing models. This flexible pricing approach enables both, the customer and the service provider with mutual risks and benefits of a particular project.

Risk Reward Pricing Model has a flat rate pricing structure where additional payments depend on specified end results. This new strategy in the market is usually implemented where the clients and the service providers mutually fund the development of any product or service. A recent favorite among the customers and service providers alike, this new pricing model helps both the parties to share the rewards.

All the parties agree to monitor the project’s success and evaluate the end result using a standard set of metrics applicable to everyone involved equally. Hidden Brains with Risk Reward Pricing Model allows the customers to supervise a project unitedly as a joint venture. This also makes the relationship with our clients stronger with a lasting impact.