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How do the mystery shopping companies in Singapore set their prices?
Wiki User
∙ 7y ago
Companies across the world not just in Singapore have business plans and within the plan in a section of procurement (getting contracts). Each company has a "running cost", this is the amount of money per X period it needs to stay in business and functioning. when costing a service you will take in to account what it will cost to do the job and then add a percentage for profit. This allows for negotiation. The customer will never see the construction of this figure. The customer (the business) wanting the surveys undertaken will have a criteria it wants to check. This is presented for quoting. The Survey company then will cost that service and tender for that contract. There is no specific cost per task in this environment. The final contract if lost can be based on supply of resources, cost and even added value. Its up to the survay company to have that experience in its team to best judge the potential earning
Wiki User
∙ 7y ago
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