Service pricing can be established through several methods. Here are the relevant definitions and criteria:

Performance Pricing:

Definition: Pricing based on the completion of specific tasks or outcomes.Required Attributes:

Task$-$Based: Pricing linked to task completion.Outcome$-$Oriented: Focus on deliverables.

Variable Attributes:

Complexity: Task complexity may affect pricing.Quality Standards: Specific benchmarks may be set.

Demand$-$Based Pricing:

Definition: Pricing influenced by the level of consumer demand.Required Attributes:

Market Conditions: Prices vary with demand fluctuations.Consumer Behavior: Understanding customer willingness to pay.

Variable Attributes:

Competition: Prices may be adjusted based on competitors.Seasonality: Demand changes with time of year or events.

Credence $($Not typically a pricing method$)$:

Definition: Relates to qualities difficult to evaluate even after consumption.Not a standard method for pricing services.

Time$-$Based Pricing:

Definition: Pricing based on the duration of service provision.Required Attributes:

Time Measurement: Rates set per hour$/$day$.$Service Duration: Direct link to time spent.

Variable Attributes:

Service Complexity: May influence hourly rates.Efficiency: Faster services may be priced differently.

Search $($Not typically a pricing method$)$:

Definition: Relates to qualities that can be evaluated before purchase.Not a standard method for pricing services.