Fixed Price

Fixed Price Consulting Services Agreements are a fixed price for the creation of something for a client. It is an agreement-based price. It is important for the client and the consultant to clearly define what is included in the agreement before they sign the contract. The scope of the project can't be changed if it is not clearly defined upfront. The great "that was in," or "no it wasn’t" debate will ensue if the details are not clear. Formal change requests can waste a lot of time modifying the services that the client will be receiving. Companies often don't make the right decisions about their products due to the inconvenience of changing the price range. The consultant wins the case if they convince the customer it isn't worth fighting about what was included. A fixed price does not usually include the service-based leadership that will truly help a client. This type of consulting service often ends in lawsuits.

Fixed price strategies are the best way to set a price for every client or customer. This is regardless of how long it takes or what materials you use. Fixed-price contracts are very common in service-based businesses or in organizations. This Fixed price offers advantages and disadvantages over dynamic pricing.