What are the Retainers? Retainers are most useful for business that need constant development work, but do not have enough money to hire a full time developer. Also, individuals who are likely to need a lot of development might want to have an agency on retainer.
Fixed-fee projects are entirely based on assumptions and wild guesses. Even if you spend countless hours discussing hypothetical details and exchanging emails, you won’t be able to cover every single part of your project. No matter how detailed the specification, there are always unforseen bottlenecks that emerge through the development or testing stage of the final product.
At DevriX, our main goal is to optimize the overall business process through different iterations during and after the initial product launch. We are not just building websites, we provide custom tailored solutions to business needs that are constantly growing and evolving as your business expands.
The industry standard for fixed fee projects is a 2-3 times multiplier due to scope creep, communication overhead, delays, QA back and forth that are unpredictable with a first time client. This is the reason why we are focusing on a stable and simple partnerships
Source: https://managewp.org/articles/14473/wordpress-retainers-101-the-complete-devrix-tutorial-wordpress-development-agency
source https://williechiu40.wordpress.com/2017/02/28/wordpress-retainers-101-the-complete-devrix-tutorial-wordpress-development-agency/
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