What is Fixed Fee?
A fixed fee is a set price for a product or service that doesn't change. Unlike a commission, which is a percentage of a sale, a fixed fee is a predetermined amount. For example, a consulting partner might charge a fixed fee for a specific project, like implementing a piece of software. In an affiliate context, a partner might earn a fixed fee for every qualified lead they generate, regardless of whether that lead turns into a large or small sale. This model provides predictability for both the partner and the vendor.