Learn about actual and potential costs
How much should I pay for Interior Design Services?
What is the average price of Interior Design Services?
This procurement report includes pricing information to help you purchase Interior Design Services. Our analysts provide a benchmark price and a price range based on key pricing factors to help you understand what you should be paying for this specific product or service. To see the average price for this and hundreds of other products and services, subscribe to ProcurementIQ.
Has the price of Interior Design Services been rising or falling?
Analysts look at market data from the previous three years to determine an overall price trend. You can use the recent price trends to help you understand price volatility and plan your budget.
I’m not ready to purchase Interior Design Services yet. Will I pay more if I wait too long?
We forecast the next three years of price movements by looking at factors likely to affect the market's supply chain, such as inputs, demand and competition. You can then use the price forecast to figure out the best time to purchase.
What other costs are associated with purchasing Interior Design Services?
Our analysts calculate the total cost of ownership and assign a level of low, moderate or high, depending on things like customization, integration and installation. Use this information to budget for Interior Design Services with a reduced risk of unexpected costs.
See how we display average pricing information, trends and market data.
Find the vendor to meet your needs
Where can I purchase ?
The interior design service market has a low level of market share concentration. The top four firms in the market are estimated to account for less than 5.0% of the total market share. This market is highly fragmented, with an estimated 12,000 service providers in the market in 2020. Most... Subscribe to learn more.
Questions to ask potential suppliers
How can I gain leverage during negotiations?
What guarantees do you provide for meeting expected deadlines?
What is your rate of success as far as completing previous projects on time?
Have you experienced any issues in the past three years that have made you unable to fulfill project deadlines?
What additional resources or staff members are you able to allocate to my project if we start to fall behind the deadline?
Staff of Supplier
What are the minimum requirements or work experience of your staff?
What qualifications does the staff have that will be assigned to my project? How long has each member been working for your company?
What ongoing training do you provide your workers?
What is your staff turnover rate?
Has there been an incident where a key staff member left your company while working on a client's project? If so, how did this affect the timeline and quality of the design?
Relationship with Suppliers
How many suppliers do you purchase from?
What discounts will I receive if I purchase furniture or other items through you?
Am I able to purchase items on my own?
What pricing model do you use to charge clients when purchasing through you?
Why should I purchase through you over purchasing items myself?
Do you have access to buying groups that allow you to purchase items that an everyday consumer is not able to?
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Key elements for every RFP
What should my RFP include?
Buyers should explicitly state the amount of the contract award.
Buyers should explain when and how many payments will be made.
Buyers can consult the Benchmark Price section of this report to determine how much they should pay for each interior design project.
Buyers should evaluate the experience of the supplier.
Buyers should make sure the provider offers appropriate types of designs with the appropriate level of durability and aesthetic appeal.
Buyers should evaluate suppliers based on the estimated costs of the designs they are offering.
For a detailed list of key selection criteria, buyers should reference the Buying-Decision Scorecard section of this report.
Buyers need to include the date proposals are due and when award information will be available.
Buyers should include any other benchmark dates relevant to the project that suppliers will need to be aware of.
Evaluate major factors to mitigate risk
How risky is the supply chain?
The interior design service market exhibits a low level of supply chain risk. While purchases are an estimated 7.7% of the average interior design service provider's cost structure, shifts in the cost or availability of upstream inputs and furniture can still have a direct impact on buyers. The moderate amount... Subscribe to learn more.