Per Minute Sessions: As a seller, per minute sessions allow you to bill clients based on the actual duration of the session. This method ensures you are compensated for every minute you are engaged with a client, making it a flexible option for both parties. It's particularly beneficial if the session duration varies, as it adjusts the billing according to the time spent. We have observed that buyers often prefer this option as it allows them to pay only for the time they use.
Flat Rate Sessions: Flat rate sessions involve charging a fixed fee for a specific time allocation. This rate is applied regardless of whether the entire session time is utilized. As a seller, this means you guarantee your fee upfront, providing stability and predictability in your earnings. While it encourages clients to fully utilize the time they have paid for, the cost remains the same even if the session ends early.
Key Differences:
Billing: Per minute sessions are billed dynamically, based on the actual time spent, while flat rate sessions have a set fee established beforehand.
Financial Stability vs. Flexibility: Per minute sessions offer billing flexibility and can adapt to shorter or longer engagements, potentially leading to variable earnings. Flat rate sessions ensure a predetermined income for the session regardless of its duration.
Buyer Preference: Generally, buyers tend to choose per minute sessions over flat rate. This preference is driven by the flexibility to control spending and the alignment of cost with actual usage.
For sellers, choosing between per minute and flat rate sessions depends on your service structure, financial goals, and how you wish to manage client engagements. Understanding buyer preferences can also help you tailor your offerings to meet market demands.