Fixed Fee
- Risk Management Consultancy
- Fixed Fee
- Over Redemption
- Promotion Mechanics
- Sports Risk
- Prize Indemnity Insurance
- Other
What is a Fixed Fee Promotion?
A Fixed Fee encompasses all costs associated with the redemption of prizes for a promotion. It entails the promoter paying one predetermined amount for the whole promotion. The contract limits the financial exposure due to over-redemption from the client.
What are the advantages of a Fixed Fee Promotion?
A Fixed Fee contract ensures the brand manager allocates one specific budget. They can sleep soundly on the knowledge that, if the promotion redeems higher than expected, not only are all associated costs capped up front, but the risk management company actually funds all costs of consumer redemptions up to 100%.