Advantages of an investment in intellectual capital
The advantages of an investment in intellectual capital as opposed to a service fee are:
- Predictability: the level of the investment is determined in advance, on the basis of the value added; this enables the Client to budget more reliably;
- Risk sharing between the Client and X-Media Strategies;
- An incentive to increase efficiency in the provision of services to the Client;
- Better alignment of price of the engagement and value to the Client;
- Permanent availability: Picking up the phone or sending an email to discuss an issue won’t lead to a price increase;
- No surprises: the price is fixed and can only be adjusted by means of Change Orders, which will be agreed upon separately whenever there’s a need to change or to expand the services rendered;
- Reduction of potential misunderstandings and disputes over time spent to render services.