You mention a networking exchange. I'm not entirely sure what that means, but, it isn't a bartering agreement - nor is it a social call. Obviously not a gift, nor was it a situation where you were offered a % of their profits.
Sure, shame on you both for not establishing expectations. Kudos to you for recognizing a learning experience for what it is.
In this situation I'd probably acknowledge that expectations were not defined (ie; budgets or costs), and offer a 12% discount -or- the option to decline your product entirely without any questions asked or hard feelings.
When my neighbor gives me a ride down the street to pick up my car at the mechanic, I slip them a $20. When another friend took down a very small pine tree, I paid for their chainsaw - and then some. I want people to be fully compensated for the things they do for me.
You mention a networking exchange. I'm not entirely sure what that means, but, it isn't a bartering agreement - nor is it a social call. Obviously not a gift, nor was it a situation where you were offered a % of their profits.
Sure, shame on you both for not establishing expectations. Kudos to you for recognizing a learning experience for what it is.
In this situation I'd probably acknowledge that expectations were not defined (ie; budgets or costs), and offer a 12% discount -or- the option to decline your product entirely without any questions asked or hard feelings.
When my neighbor gives me a ride down the street to pick up my car at the mechanic, I slip them a $20. When another friend took down a very small pine tree, I paid for their chainsaw - and then some. I want people to be fully compensated for the things they do for me.