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Fixed Pricing Model
 

Fixed Pricing Model

What is a Fixed Pricing Model?

A fixed pricing model is best suited for those kinds of projects where all the specifics are fixed and clear, especially the ones of small scale and less in complexity. You can use this model when your project has all the requirements laid out clearly from the initial stage till the delivery time and there are no known changes happening.

 

Fixed pricing simply means you get charged for a finished specific task or project, no matter how much time or energy was invested into the project. The price is usually agreed on up-front, with a quote or specific fee. When the project is completed and you are satisfied with it, then you will receive your bill.

 
Starting Your Fixed Pricing Model

First and foremost, you will provide detailed requirement documents to your SEO development team on what you want and expect to occur. You and your SEO team will review the terms and ensure that all expectations, particulars are made crystal clear for both you and them. Your SEO team will then formulate an effort analysis and offer a fixed price and fixed time frame for the project completion. The best SEO team will also highlight the possibility of change and potential risks during the completion phase.

 

You and your SEO team will then enter into a specific agreement that usually covers visual aspects, documentation, application design, testing, support period, change management, communication procedures, milestones, timelines and commercial details. The project is then completed on the date stated in the agreement.

 
Choosing the Fixed Pricing Model

You would want to go with the fixed pricing model when you know exactly what and how you want your project completed. It is the best choice when you already know the details of your project and know that there are little to no possibilities of problems occurring. Choosing to go with the fixed pricing model is a great way to stay within your budget for any specific task because you know up front what the cost is going to be.

 

Deciding to go with the fixed pricing model is also great when you have a deadline, so you know ahead of time when it will be completed and how. Your SEO team will give you a specific date for when the desired tasks will be completed. This will make it easier to plan for your next phase and give you a piece of mind. The fixed pricing model is designed for companies that want a clear picture of what to expect from their SEO team.



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